101 Oak Avenue, Del Haven

$299,000

  • MLS #: 261762
  • Address: 101 Oak Avenue, Del Haven, NJ 08251
  • Status: Active
  • Lot: 6000 to 10000 SqFt

Location Location

Description Description
STOP SCROLLING this isnt just another vacant lot at the Shore. This is a shovel-ready opportunity to build TWO homes just one block from the Delaware Bay in Del Haven with the plans, permits and approvals already in place. Situated on a 100' x 100' corner lot, the property is approved for a two-family dwelling consisting of two spacious homes, each offering 3 bedrooms + an office, 2.5 bathrooms and over 1,800 sq. ft. of living space. Even better, the design gives each home its own private driveway and entrance on separate streets, creating the look and feel of two individual residences. Think about the possibilities: build both and sell them, live in one and sell the other, keep one as a shore home and rent the other, or hold both as an investment. Based on current projections, the two completed homes could potentially have a combined resale value in the $1.3M$1.4M range.* Instead of buying land and spending months/years working through plans, permits and approvals, much of that work has already been done for you. And the location may be one of the most interesting parts of the opportunity. The Delaware Bay side of Cape May County is getting attention. A recent Philadelphia Business Journal article highlighted Villas, Del Haven and surrounding bayside communities as the Jersey Shores latest area seeing increased development and buyer interest, as people look for alternatives to the multimillion-dollar price tags found in many traditional Shore towns. This property puts you one block from the Delaware Bay, minutes from Cape May and the Wildwoods, and close to beaches, boating, fishing, restaurants and everything Cape May County has to offer. The lot is cleared. Water and sewer are at the street. The plans are approved. The permits are in place. Skip the waiting. Start building. And get into an area of the Shore that people are starting to notice. Projected resale values are estimates only and are not guaranteed. Buyers/builders should perform their own due diligence regarding construction costs, resale values, rental potential and approved plans. Disclaimer: AI-generated renderings are for illustrative and marketing purposes only and may not reflect the final approved design or exact specifications. Buyers are encouraged to review the approved plans, permits and all associated documents for the most accurate representation of the proposed two-family dwelling.

This listing is provided courtesy of BERKSHIRE HATHAWAY HS FOX & ROACH sic