806 Delaware Avenue

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806 Delaware 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 situated in Villas, New Jersey.
  • Located at 806 Delaware Avenue in Cape May County.
  • Property is currently available for sale as a land asset.
  • Suitable site for custom residential home development projects.
  • Offers access to regional coastal infrastructure and transit corridors.

What's Special

This residential land parcel is located at 806 Delaware Avenue in Villas, New Jersey. The property occupies a position within the Cape May County area, a region recognized for its coastal accessibility and residential growth. This land is well-suited for a single-family home development or a modular housing project, offering flexibility for investors or individuals looking to build in a established community setting. The site benefits from its proximity to regional transit corridors and local infrastructure, providing connectivity to the broader South Jersey coastline and employment hubs. Given the nature of the residential sub-market, this tract presents a straightforward development play for builders or those seeking a residential footprint in a coastal township. Prospective developers should verify specific utility connections and municipal requirements through the local planning department to confirm development timelines for this site.

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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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