$199,000
●
Land -
For Sale
202 Burning Tree Boulevard
Abescon, NJ 08201
Studio
0 Bath
$1,394
Est. Monthly
About This Property
Discover the perfect canvas for your custom home on this spacious
.8-acre (35,000 sq ft) lot, measuring 200' x 175', located in the
beautiful and serene community of Absecon, NJ. Nestled among
elegant custom-built homes, this rare find offers sweeping,
unobstructed views of Atlantic City's skyline and the peaceful
waters of Absecon Bay. Zoned R-1, this lot could be ideal for a
single-family home, giving you the flexibility to create the
residence you've always envisioned. Enjoy the tranquility of
coastal living while being just minutes from the vibrant
entertainment and amenities of Atlantic City. Don't miss out on
owning a prime piece of land with breathtaking views!
Unit Size
-
Days on Market
235 days
Land Size
0.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
$416
HOA Dues
-
Year Built
-
Listed By
GRACEANNE WELSH
WEICHERT REALTORS
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 8 months ago (MOMLS #22603354)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2026 | Listed by Weichert Realtors-Sea Girt | $199,000 | |
| Listed by Weichert Realtors-Sea Girt | |||
| Oct 15, 2025 | Price Decreased |
$199,900
↓ $100K
(33.4%) | |
| Price Decreased | |||
| Oct 28, 2024 | Listed | $300,000 | |
| Listed | |||
| | |||
|
Discover the perfect canvas for your custom home on this spacious .8-acre (35,000 sq ft) lot, measuring 200' x 175', located in the beautiful and serene community of Absecon, NJ. Nestled among elegant custom-built homes, this rare find offers sweeping, unobstructed views of Atlantic City's skyline and the peaceful waters of Absecon Bay. Zoned R-1, this lot could be ideal for a single-family home, giving you the flexibility to create the residence you've always envisioned. Enjoy the tranquility of coastal living while being just minutes from the vibrant entertainment and amenities of Atlantic City. Don't miss out on owning a prime piece of land with breathtaking views! Call today to learn more.
| |||
Property Highlights
Exterior Details
Lot Features: Bayfront, Creek
Lot Size Area: 0.8
Lot Size Units: Acres
Lot Size Acres: 0.8
Lot Size Square Feet: 34848
Lot Size Dimensions: 200 x 175
Financial Details
Tax Assessed Value: $141,900
Tax Annual Amount: $4,991
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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HOA + Taxes
About Absecon
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Listed by: Graceanne Welsh, Weichert Realtors-Sea Girt
Last Updated: 8 months ago
Data Source: MOMMLS, MLS# 22603354
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 8 months ago
Data Source: MOMMLS, MLS# 22603354
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