$399,000
Active
18 Days Online
3 Beds2 Baths0 SQFT
Active

508 W New Jersey Ave Somers Point, NJ 08244

View all 21 Photos
Static map
Map

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!

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyAtlantic
  • Taxes$7,464
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusActive
  • MLS ID Number585091
  • Home Size Source N/A
  • Year Built1932
  • Lot Size Acres
  • Full Baths2
  • Partial BathsN/A

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 508 W New Jersey Ave Somers Point, NJ 08244

2 days ago
3 weeks ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Style Ranch
  • Parking P A R K I N G - E X T E R I O R: Two CarGarage: None
  • Sewer Public Sewer
  • Basement FullUnfinished
  • Water Public
  • Property Sub Type Single Family Residence

Interior Features

  • Cooling Ceiling Fan(s)Central
  • Heating Forced AirGas- Natural
  • Appliances DishwasherRefrigerator
  • Flooring Laminate Flooring
  • Window Features CombinationInsulated Glass

Exterior Features

  • Spa No
  • Waterfront Property No
  • Exterior Fenced YardShedSidewalks

Community Features

  • Senior Community No
  • MLS Area Somers Point City

Mortgage Calculator

Monthly Payment (Est.)

$2,111
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 508 W New Jersey Ave Somers Point, NJ 08244