True Somers Point triplex. Off street parking included, large side yard. Unit A is a 1st floor unit to the right is a one bedroom one bath unit with eat in, kitchen area, living room, bedroom, full bath and a side yard area. Unit B has entry from the front or the rear. The covered front porch leads to a large living room with new flooring and Eden kitchen, a washing machine, and two bedrooms with a large bathroom. Unit C is on the second floor with entry to the rear of the building. A entry vestibule area, step up to the Eden, kitchen and nice family room. One bedroom leads to the second bedroom. This property is located close to the bike path as well as the Somers point/Ocean City bridge. Directly behind Dairy Queen and walking to distance to Wawa The current rental income could be raised as the value is higher.
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): Tenant has been in place for 10+ years, with a lease set to expire on March 30th, 2025. After this, the tenant will be on a month-to-month basis. Currently rented for $1,650/month, with the tenant willing to sign a new lease if desired. Tenant pays electric, gas, and water utilities. 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. Tenant pays 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: $43,800. Unit 1: $1,650/month Unit 2: approx. $2,000/month. 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.
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!
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.
Somers Point is located in New Jersey. 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.
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.
