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116 Third Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Located at 116 Third Avenue in West Cape May, NJ.
- The property operates as a two-unit multifamily apartment building.
- Positioned within a growth-oriented coastal submarket in New Jersey.
- Suitable for long-term residential rental or seasonal lodging operations.
- Investment asset located in the popular Cape May County area.
What's Special
Investors seeking a residential holding in a coastal community will find this apartment building a practical addition to a portfolio. The property, situated at 116 Third Avenue in West Cape May, NJ, provides a total of two units. West Cape May maintains a steady regional profile known for its proximity to Atlantic shore points and historic local charm, attracting both seasonal visitors and long-term residents. Given its residential classification and unit configuration, the site is well-suited for traditional rental operations or flexible lodging arrangements common to the southern New Jersey market. The location benefits from being within the broader Cape May County area, where housing demand remains supported by a consistent tourism-based economy and regional employment hubs. Prospective buyers have the opportunity to acquire an income-generating asset in a stable suburban residential submarket, offering a clear path toward localized property management and tenant placement.
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