Somers Point NJ Multi Family for Sale
$1,195,000
98 New Somers Point, NJ 08244
ADDITIONAL INFORMATION
Exceptional commercial property in a prime location! Situated on a highly visible corner lot with over 36,000+- cars passing daily, this property offers approximately 3,500 sq. ft. of flexible space in the heart of Somers Point's General Business (GB) zone. The ground floor features an open layout that can be divided into separate offices, with two entrances, plus a rear retail/office space. The second floor includes additional office space and a full bathroom, ideal for various business needs. The GB zoning allows for a wide range of uses, including retail shops, professional offices, restaurants, beauty salons, health clubs, and more. With its unbeatable location across from the new Chick-fil-A and Panera Bread, ample parking, and easy access to major roadways, this property is perfect for businesses looking to capitalize on high traffic and strong local growth. Don't miss this incredible opportunity to bring your business vision to life! Schedule your tour today and explore the potential of this outstanding commercial property.
$430,000
18 Cooper Dr Somers Point, NJ 08244
ADDITIONAL INFORMATION
This spacious side-by-side duplex at 18 Cooper Drive presents an excellent investment opportunity or a chance for an owner-occupant to offset their mortgage by renting one side. The property features two well-maintained units, each offering 2 bedrooms and 1 bathroom, perfect for both investors and buyers seeking rental income potential. Unit 1 (Rented until April 1st): Tenant has been in place for 10+ years but moving out March 31st. Unit will need work and could rent for approx. $2,000 when fixed up. Unit 2 (Vacant): Recently remodeled with a new kitchen, updated countertops, freshly painted interior, and new flooring. Market rent for this unit is approximately $2,000/month. Tenants pay electric, gas, and water utilities. Additional Features: New Roof installed in Summer 2023. Annual Operating Costs: Sewer: $770 per year (paid by the owner). Insurance & Taxes: Paid by the owner. Separate Utilities: Each unit has its own electric, gas, and water meters. Investment Potential: Total Possible Annual Income: $48,000. Licensed Agent is related to Seller. This property is part of an Estate and is being sold in "as is" condition. No Repairs will be made by seller.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- NJAC2015290
- Subdivision:
- None Available
ADDITIONAL INFORMATION
Welcome to this beautifully maintained duplex in the heart of Somers Point, NJ, ideally located just minutes from the beaches, vibrant bay life, and the scenic charm of Ocean City, Longport, and Margate. This property offers the perfect blend of coastal living and investment opportunity, with close proximity to some of the area’s best dining, shopping, and waterfront attractions. First Floor (Unit 1) Vacant Step into coastal elegance in this completely remodeled 2-bedroom, 1-bathroom unit in Somers Point. Every detail has been thoughtfully curated to bring a touch of seaside sophistication to this charming home. The living area is filled with natural light, complemented by high-end finishes and serene color palettes that echo the beauty of the shore. The kitchen is a chef’s dream, featuring sleek countertops, custom cabinetry, and premium stainless-steel appliances. Both bedrooms offer cozy retreats with ample closet space, while the bathroom boasts stylish tile work with upscale & custom fixtures. Designed for both comfort and style, this unit provides a luxurious coastal lifestyle just minutes from the beach and bay. This unit has access to the full unfinished basement, laundry (full size, w/d), driveway (2 car parking) and detached 1 car garage. Second Floor (Unit 2): This unit is tenant occupied. Tenant is on a month to month lease. This unit features one large bedroom, large living area with storage closet, full eat-in style kitchen and large hallway closet. Whether for year-round living or as a perfect getaway, this first-floor unit is a true gem! The first floor unit features spacious living areas, updated kitchen, and inviting bedrooms making it ideal for both owner-occupants and renters. Whether you're seeking a home that’s a short drive from the shore or an income-generating property, this duplex provides flexibility and potential. Enjoy mornings on the nearby beaches, afternoons exploring the bay, and evenings dining at world-class restaurants in nearby Somers Point, Margate and Longport. Don’t miss this chance to own a versatile property in Somers Point NJ– perfect for beach lovers and investors alike! Your Gateway to the Shore!
$495,000
712 Shore Somers Point, NJ 08244
ADDITIONAL INFORMATION
Large corner property with high visibility in the Historic Village Commercial zone. Lots of options and uses possible. Currently used as a multi-family property. Buyers could transform the property into a large single family home or duplex. Property must be owner occupied and not used as a rental property. Sellers intend to place a deed restriction on the property to only allow 1 single home, 2 single homes, or a duplex on the property and must be owner occupied. A multi-family rental property will not be permitted.
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© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Somers Point Real Estate
The median home value in Somers Point, NJ is $370,000. This is higher than the county median home value of $301,600. The national median home value is $338,100. The average price of homes sold in Somers Point, NJ is $370,000. Approximately 42.51% of Somers Point homes are owned, compared to 39.18% rented, while 18.32% are vacant. Somers Point real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somers Point real estate agent to arrange a tour today!
Somers Point, New Jersey has a population of 10,470. Somers Point is less family-centric than the surrounding county with 25.18% of the households containing married families with children. The county average for households married with children is 26.78%.
The median household income in Somers Point, New Jersey is $62,844. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Somers Point is 43.3 years.
Somers Point Weather
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 42.2 inches per year, with 15.8 inches of snow per year.