50 E Delaware Parkway

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50 E Delaware Parkway

Villas, NJ 08251
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land asset located in Villas, New Jersey.
  • Situated at the address of 50 E Delaware Parkway.
  • Property falls within the 08251 zip code area.
  • Suitable for residential development or home construction projects.
  • Positioned within a established coastal community in Cape May County.

What's Special

This residential land parcel is positioned at 50 E Delaware Parkway in Villas, New Jersey. The property provides a blank canvas within a well-established coastal community located along the Delaware Bay. As part of a quiet residential pocket in Cape May County, this site is suited for those looking to develop a single-family home or secondary residence near regional beaches and recreational amenities. Villas maintains a steady suburban character, attracting residents who prioritize proximity to the shoreline while remaining within reach of major regional routes like the Garden State Parkway. Investors and builders can leverage this location for residential projects tailored to the needs of local homeowners and seasonal visitors alike. The surrounding area features a mix of traditional housing and natural coastal landscapes, offering a stable environment for new construction ventures in a growing Southern New Jersey municipality.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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