Attention All Investors! Income producing property located in the Historic Bay District of Somers Point, which is one of the most popular and sought after neighborhoods in town. This 3-unit opportunity does not come along very often. It features two 2-bedroom units and one 1-bedroom unit. Just 1 house up from Bay Ave., the location is within walking distance to restaurants, taverns, marinas, the Somers Point beach and more. Access Ocean City from the 9th Street causeway or the Longport/Ocean City bridge within minutes. The front of this 50 x 150 ft lot begins facing north on Delaware Ave and runs back to Miller Lane, where the detached 2-car garage access is located. An incredible opportunity! Property is being sold strictly in as-is condition.
Sold for $541,000
$541,000
40 Delaware Ave, Somers Point, NJ 08244
5beds
3baths
--sqft
Triplex
Built in 1920
-- sqft lot
$665,700 Zestimate®
$--/sqft
$2,169 Estimated rent
Home value
$665,700
$626,000 - $712,000
$2,169/mo
Zestimate® history
Owner options
List your home for rent
$2,169/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,169/mo
Rent Zestimate®
Refinance and save
$3,723/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,723/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
LINDA WALSH 609-335-0809,
Keller Williams Realty Jersey Shore-Ocean City,
LINDA WALSH 609-335-0809,
Keller Williams Realty Jersey Shore-Ocean City
Bought with:
CRIS NOREEN, 8200288
Source: SJSRMLS,MLS#: 579424
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Natural Gas
Cooling
- Wall Unit(s)
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Parking features: Parking Pad, Detached Garage, Garage
- Garage spaces: 2
Features
- Has view: Yes
- View description: See Remarks
Lot
- Size: 7,500 sqft
- Dimensions: 50 x 150
Details
- Parcel number: 13
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Somers Point
Other
Other facts
- Available date: 11/04/2023
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2024 | Sold | $541,000+1.1% |
Source:  SJSRMLS #579424 Report a problem | ||
| 12/9/2023 | Pending sale | $534,900 |
Source: SJSRMLS #579424 Report a problem | ||
| 11/4/2023 | Listed for sale | $534,900 |
Source: SJSRMLS #579424 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,462 | $264,600 |
| 2024 | $9,462 +3.1% | $264,600 |
| 2023 | $9,182 +5.4% | $264,600 |
| 2022 | $8,708 +2.1% | $264,600 |
| 2021 | $8,531 +2.9% | $264,600 |
| 2020 | $8,290 +2.2% | $264,600 |
| 2019 | $8,115 +3.7% | $264,600 |
| 2018 | $7,824 +4.7% | $264,600 |
| 2017 | $7,470 +1% | $264,600 |
| 2016 | $7,393 +3.5% | $264,600 |
| 2015 | $7,144 +0.5% | $264,600 |
| 2014 | $7,110 +7.8% | $264,600 +73.1% |
| 2012 | $6,598 +3.9% | $152,900 |
| 2011 | $6,353 +3.6% | $152,900 |
| 2010 | $6,131 +2.7% | $152,900 |
| 2009 | $5,972 +1.7% | $152,900 |
| 2008 | $5,873 +4.2% | $152,900 |
| 2007 | $5,636 | $152,900 |
| 2006 | -- | $152,900 |
| 2005 | -- | $152,900 |
| 2004 | -- | $152,900 |
| 2003 | -- | $152,900 |
| 2002 | -- | $152,900 |
| 2001 | -- | $152,900 |
Find assessor info on the county website
Neighborhood: 08244
Nearby schools
GreatSchools rating
- 4/10Jordan Rd Elementary SchoolGrades: 4-8Distance: 0.9 mi
- 7/10Mainland Regional High SchoolGrades: 9-12Distance: 2.6 mi
- 3/10Dawes Ave Elementary SchoolGrades: PK-3Distance: 1 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$665,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$665,700
- New Jersey
- Atlantic County
- Somers Point
- 08244
- 40 Delaware Ave
Nearby cities
Nearby zip codes
Other Somers Point Topics
