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Townhouse Development Land with Concept Plan
For Sale
$3,649,000

516 Stone Harbor Blvd, Cape May Court House, NJ 08210

Proposed townhouse development site with a concept plan for 42 condo units and initial site prep in place.

Property SizeContact for details
Days on Market768

Property Features for 516 Stone Harbor Blvd

General Information

Standard status Active
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 42

Taxes and HOA fees

Annual Taxes $12,106
Listing Agency: Coldwell Banker James C Otton Real Estate
Listed By: George L. DeLollis · License #7936914
Source: Exprealty
Added: Jul 5, 2024 Changed: Aug 8 Last Checked: Jul 15 at 3:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker James C Otton Real Estate

Investment Insights

Based on property information with market context.

This parcel is offered as a proposed townhouse development site, supported by a concept plan for 42 condo units. The property also has initial site prep already in place, offering an early start for development planning and engineering work. Site inspections are by appointment only, and unaccompanied entry is not permitted.

The site is located in an active hub near Cape May Court House, within close proximity to stores, restaurants, golf, and medical facilities. Access is described as easy to the Garden State Parkway and Route 9, with a planned entrance off Stone Harbor Blvd at a traffic light. A car dealership and surrounding businesses are specifically not included in the sale.

For developers and investors seeking an outlined residential concept, this land provides a framework to advance feasibility, design, and entitlement steps around the planned townhouse condominium program. The existing site prep can reduce early groundwork time, while the documented access points support straightforward circulation planning from the main roadway.

Key Highlights

  • Proposed townhouse development site with a concept plan for 42 condo units
  • Initial site prep is in place
  • Planned entrance off Stone Harbor Blvd. with a traffic light

Property Analytics

Current Use

Burke Pre-owned Cars ... Car Dealership

Suggested Use

Top Pick Real Estate Agency Storage Facility Garden Center Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby

Demographics for 08210, NJ

17,635
Population
8,374
Households
2.1
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
68.5 sq mi
ZIP Area
257
Density / Sq Mi
$93,855
Median Household Income
$48,086
Median Earnings
$1,538
Median Rent
$337,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Proposed townhouse development site with a concept plan for 42 condo units and initial site prep in place.
Where is this residential land & home lot located?
The property is located at 516 Stone Harbor Blvd Cape May Court House, NJ.
What is the asking price?
The asking price for this property is $3,649,000.
What are key features of this property?
This property features: Proposed townhouse development site with a concept plan for 42 condo units; Initial site prep is in place; Planned entrance off Stone Harbor Blvd. with a traffic light
More about this property
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