502 Mallow Road $15,000

Unbelievable Cape May Beach location!! Half a block to the bay and surrounded by nature! A new home would have some pretty spectacular views. The lot is undersized (50x 100 as per tax records) so one would most likely need a variance. It also appears to have wetlands and might need CAFRA permits (see CMCIMS image) so various State and Local approvals would probably be needed to build. All approvals and due diligence would be the responsibility of the buyer, but the seller would grant a contingency period to give the buyer time. This could be a very good investment for the right buyer! (city water and sewer in the street as well as natural gas) Turn off Bay drive onto Mallow and the property is on your left and starts about 100 feet from Bay drive.

This listing is provided courtesy of LONG & FOSTER REAL ESTATE, INC cm