718-20 Bay, Ocean City, NJ 08226
Cape May County
Key Facts
Description
North End Corner Duplex! A great opportunity to own the whole building, rent or use! Fantastic investment opportunity featuring TWO rental units just steps from the bay and downtown shopping. The first-floor unit offers 3 bedrooms, 1 bath, an updated kitchen, hardwood floors, garage and fenced backyard. The second-floor unit includes 2 bedrooms, 1 bath, and a spacious deck ideal for relaxing or entertaining. With great rental history and an unbeatable location, this property is perfect for investors or those seeking a summer getaway with income potential.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1952
Garage Spaces
1
MLS® Listing#
609967
Property Features
Interior
Appliances
Cooling
Heating
Patio
Fencing
Lot Features
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$5,730
Affordability Calculator
$199,980
Estimated monthly payment
$5,322/mo
Principal $799,920 · Est. interest $1,115,960 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ocean City, NJ
- $617,524
- Median Listing Price
- 50
- Median Days on Market
- 1,411
- Median Sq Ft
- $411
- Median Price / Sq Ft
- 3,298
- Active Listings
- This home’s price is 62% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ocean City, NJ.
Location
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Points of Interest in Ocean City, NJ
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 71 Martin Luther King Jr Dr, Jersey City, NJ | $699,999 | 6 | 3 | 2,700 |
| 16 MILLER ST, Jersey City, NJ | $699,999 | 6 | — | — |
| 137 20TH ST 2, Union City, NJ | $699,999 | 2 | 3 | 1,740 |
| 45 Market St, Paterson City, NJ | $699,999 | 4 | 3 | — |
| 737 S 14Th St, Newark City, NJ | $699,999 | 9 | 5 | — |
| 2520 N West Blvd, Vineland City, NJ | $699,999 | 6 | 3 | — |
Moving Cost Estimate
EXIT Agents in Ocean City
Listing Courtesy: BHHS FOX and ROACH-109 34th OC - 6093998200