508 W New Jersey
Somers Point, NJ 08244
- 3 beds
- 2 baths
- – sqft
- 7,350 sqft lot
- 1932 build
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EPIC & UNIQUE WEALTH BUILDING OPPORTUNITY! Seriously, listen to me... this is the one! Incredible opportunity to own TWO separate homes on one lot! Tons of possibilities for investors: rent both out for passive income, live in one, rent the other out, finally get that shore house you've been dreaming of, and let the other home help you pay for it... truly endless possibilities. And the best part! One unit already comes with a tenant place!! These two homes have 2 separate addresses, back up to one another, and are separated by a fence. 508 W New Jersey is a well kept 2 bed, 1 bath home with a vibey open floor plan & newer roof & HVAC. You walk into the living room, then through an expansive and bright dining room and come to the open, updated kitchen. A few small details to note are ceiling fans, crown moulding, laminate flooring, basement, walk up attic storage, stainless steel appliances, and a storage shed! This home is vacant. 415 Dobbs is a well maintained 1 bed, 1 bath home with a cozy living room, updated kitchen with new stove and fridge, large bedroom, and separate laundry room with stackable w&d. This home doesn't have central air, but a wall unit keeps it nice and chilly in the Summer. Did I mention there is already an AWESOME tenant in place until 3/2025 for you in this home at $1200/month?? No need to worry about vacancy costs, and a good tenant is worth their weight in gold (am I right?). Tons of opportunity here to start or build your investment portfolio and begin earning passive income!! Let's gooo!
Listing courtesy of SJSRMLS / Keller Williams Realty Jersey Shore-Ocean City
Last checked:
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Last updated Jan 16, 2025
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MLS# 585091 —
The Building
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Style:ranch
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Siding/Exterior:vinyl
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Basement:full, unfinished
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Storms/Screens:combination, insulated glass
Interior
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Other Rooms:dining room, eat-in kitchen
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Flooring:laminate
Location
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Latitude:39.314933
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Longitude:-74.602643
The Property
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Block #:5
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Lot #:1720
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Lot Size:<1 acre
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Lot Dimensions:50 x 147
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Outside Features:fenced yard, shed, sidewalks
Listing Agent
- Contact info:
- Office phone:
- (609) 399-5454
Heating & Cooling
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Heating:forced air, natural gas
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Air Conditioning:ceiling fan(s), central
Utilities
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Water:public
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Water Heater:gas
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Sewer:public sewer
Appliances
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Appliances:dishwasher, refrigerator
The Community
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Adult Community/55+:No
Parking
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Parking Exterior:Two Car
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Garage:None
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 |
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9/27/24
Sep 27, 2024
|
Sold | SJSRMLS | $350,000 | -11.4% |
6/25/24
Jun 25, 2024
|
Price Changed | SJSRMLS | $395,000 | -1.0% |
5/10/24
May 10, 2024
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Listed / Active | SJSRMLS | $399,000 |