18 Cooper Dr
Somers Point, NJ 08244
- – beds
- – baths
- – sqft
- 8,850 sqft lot
- 1970 build
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.
Last checked:
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Last updated Mar 17, 2025
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MLS# 593041 —
The Building
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New Construction:No
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Exterior:Aluminum
Interior
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Other Rooms:Dining Room, Kitchen, Living Room
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Basement:Crawl Space
Financial & Terms
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Rental Information:See Remarks, Yearly
Location
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Latitude:39.328562
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Longitude:-74.604178
The Property
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Block #:723
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Lot #:9
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Lot Dimensions:75x118
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Outside Features:Deck, Fenced Yard
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Driveway:Blacktop
Listing Agent
- Contact info:
- Office phone:
- (866) 201-6210
Heating & Cooling
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Heating:Forced Air, Gas-Natural
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Air Conditioning:Wall Units
Utilities
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Water:Public
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Water Heater:Gas
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Sewer:Public Sewer
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Separate Meters:Electric, Gas, Water
Appliances
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Appliances:Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
The Community
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Adult Community/55+:No
Parking
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Parking:Two Car, Parking Pad
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Garage:None
Extra Units
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# of Units:2
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2 Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/17/25
Mar 17, 2025
|
Price Changed | SJSRMLS | $430,000 | -4.4% |
|
2/11/25
Feb 11, 2025
|
Listed / Active | SJSRMLS | $450,000 | 32.4% (11.8% / YR) |
|
5/17/22
May 17, 2022
|
SJSRMLS | $340,000 | -2.9% |
