*CAPE MAY TWO-LOT DEVELOPMENT OPPORTUNITY WITH NEW-BUILD SALES UP TO $650K!* Pending

931 Woolson Road, Cape May, NJ 08204

💰 PRICE STARTING AT: $215,000
🏗️ POTENTIAL TWO-LOT SUBDIVISION
📐 15,002 SQ. FT. | 120′ × 125′
💵 NEW-CONSTRUCTION SALES: $486,500–$649,990

This CAPE MAY/LOWER TOWNSHIP DEVELOPMENT OPPORTUNITY consists of a vacant 15,002 sq. ft. parcel with the potential to be subdivided into two approximately 60′ × 125′ residential building lots! Each proposed lot would contain approximately 7,500 sq. ft., creating an opportunity for a builder or developer to construct two new single-family homes near Cape May and the surrounding shore communities.

Under Lower Township’s R-3 sewered standards, the proposed lots meet the minimum 7,500 sq. ft. lot-area requirement and exceed the 90-foot minimum depth. Each proposed lot would require variance relief for its 60-foot frontage. A nearby similarly sized lot at 912 Woolson Road previously received conditional approval for the construction of a new single-family home despite being deficient in frontage, width, and area, providing a positive nearby precedent.

✅ Vacant Residential Land
✅ Potential Two-Lot Subdivision
✅ Approximately 15,002 Sq. Ft. | 0.344 Acres
✅ Approximately 120′ × 125′
✅ Proposed Lots: Approximately 60′ × 125′ Each
✅ Approximately 7,500 Sq. Ft. Per Proposed Lot
✅ R-3 Mainland Residential Zoning
✅ Block 480 | Lot 129
✅ Public Utilities Available in the Area
✅ Nearby 60-Foot-Wide Building-Lot Precedent
✅ New-Construction Sales Approaching $650K
✅ 2025 Taxes: Approximately $1,365
✅ Excellent Builder or Developer Opportunity

R-3 Sewered Standards

According to the official Lower Township setback chart:

• Minimum lot area: 7,500 sq. ft.

• Minimum frontage and width: 75 feet

• Minimum depth: 90 feet

• Front setback: 20 feet

• Rear setback: 20 feet

• Side-yard setbacks: 6 feet and 10 feet

• Maximum principal-building coverage: 30%

• Minimum first-floor gross area: 650 sq. ft.

The proposed lots satisfy the minimum area and depth requirements. Variance relief would be needed for the proposed 60-foot frontage.

New-Construction Comparable Sales

807 Walnut Street, Lower Township, NJ 08204 – New Construction | 3 BD | 2 BA | 1,430 Sq. Ft. | 7,600 Sq. Ft. Lot | SOLD: $486,500 – 06/12/2026

939 Myrna Avenue, Erma, NJ 08204 – New Construction | 4 BD | 2 BA | 1,650 Sq. Ft. | 7,875 Sq. Ft. Lot | SOLD: $540,000 – 02/27/2026

942 Carol Avenue, Lower Township, NJ 08204 – New Construction | 3 BD | 3 BA | 2,401 Sq. Ft. | 10,019 Sq. Ft. Lot | SOLD: $649,990 – 09/11/2025

With nearby new-construction sales ranging from approximately $486,500 to $649,990, this parcel offers strong potential for a builder looking to create two marketable single-family homes in the Cape May area!

Subdivision, frontage variance, sewer connection, utility availability, building plans, and all municipal approvals are subject to the buyer’s independent due diligence.

📲 CONTACT HARSHIL AT 856-388-5669 FOR MORE INFORMATION!

📧 SUBMIT ALL OFFERS WITH PROOF OF FUNDS TO HARSHIL@HOFHOMEBUYERS.NET