7 Pennsylvania Avenue

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7 Pennsylvania Avenue

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 parcel available for acquisition in Villas, New Jersey.
  • Located at 7 Pennsylvania Avenue within a quiet residential neighborhood.
  • Property position offers accessibility to regional Cape May County destinations.
  • Ideal development site for builders targeting the local housing market.
  • Positioned near the Delaware Bay coastline in a well-established community.

What's Special

This residential land parcel in Villas, New Jersey, presents a development opportunity for builders or private investors seeking to establish a footprint in this Cape May County community. Situated at 7 Pennsylvania Avenue, the lot provides a foundation for residential construction within a coastal region known for its proximity to Delaware Bay beaches and a laid-back suburban atmosphere. The location benefits from easy access to regional thoroughfares, connecting residents to nearby Cape May and the broader South Jersey coastline. Residential development in this area often caters to seasonal visitors or those looking for a permanent residence near the shore. With the surrounding infrastructure already established, the site is positioned for a straightforward planning and permitting process. Prospective buyers should consult local municipal requirements to determine the scope of potential housing projects suitable for this specific location within the Villas market.

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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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