500 W New Jersey Ave new

Somers Point,NJ 08244

$ 849000

4 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 4 - 10 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 597152

Bedrooms 4

Full Baths 4

Year Built 1964

Annual Tax Amount $11,196

Tax Year 2024

Property Sub-Type 4 - 10 Units

Property Description

Fabulous investment property, 100% occupied Quadruplex- Great neighborhood in Somers Point, 0.5 miles from Bay Avenue, centrally located to all the fun, shopping and dining Somers Point has to offer. Close to public transportation, the Parkway, the Somers Point- Ocean City bridge and the Longport- Somers Point bridge. This well-maintained property consists of two 2-bedroom 1 bath side by side Townhomes. Two stories, the first floor offers a good size living room with a large storage/coat closet. Eat in kitchen with electric cooking and washer/dryer. Second floor consists of 2 spacious bedrooms and a full bathroom. Both are tenant occupied and well maintained each units get 2 assigned parking spaces. Unit #3 is a ground floor unit along the side of the townhouse leading to the back of the property, that unit consists of 2 bedrooms with a flex room/3rd bedroom with a closet and pocket doors, the current tenants use 1 of the 2 spacious bedrooms for an office and the flex room as the living/family room and the living room as a dressing room/gym. (See photos) Eat in kitchen, stackable washer and dryer and spacious bathroom, this unit has 2 assigned parking spaces. Unit #4 is a ground floor, 1 bedroom 1 bath unit with washer and dryer the bathroom is a Jack and Jill bathroom that turns the bedroom into a primary. This unit comes with a decent size storage area and 1 assigned parking spot. All units have stainless appliance package in kitchen and central split systems for heat and central air.

Location

State NJ

County Atlantic

Community Somers Point

Area Somers Point City

Location Details See Remarks

Rooms

Other Rooms Dining Area,Eat In Kitchen,Living Room

Basement Slab

Interior

Heating Electric,Space/Wall/Floor,See Remarks

Exterior

Exterior Feature Vinyl

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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