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 units, each offering 2 bedrooms and 1 bathroom, perfect for both investors and buyers seeking rental income potential. Unit 1 will need work and could rent for approx. $2,000 when renovated. Unit 2 Recently remodeled with a new kitchen, updated countertops, freshly painted interior, and new flooring. Market rent for this unit is approximately $2,000/month. 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 Agent to Sell the Property
eXp Realty - Montclair License #2294696 Listed on: 02/11/2025
Last Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE License #00000
Home Type
Est. Annual Taxes
Year Built
Lot Details
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Parking
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Community Details
$409,000
Investor’s Dream or Live-In Opportunity – Duplex at 27 E Pierson Ave! Welcome to this well-maintained duplex located in a desirable neighborhood, offering both solid rental income and future potential. This property features two spacious units: Unit 1: 1 Bedroom, 1 Bathroom. Unit 2: 3 Bedrooms, 1 Bathroom Currently generating $4,000 /month in rental income, this property is a great opportunity
Kayla Noll Compass New Jersey-Ocean City (O463E)
$429,000
Investor’s Dream or Live-In Opportunity – Duplex at 27 E Pierson Ave! Welcome to this well-maintained duplex located in a desirable neighborhood, offering both solid rental income and future potential. This property features two spacious units: Unit 1: 1 Bedroom, 1 Bathroom. Unit 2: 3 Bedrooms, 1 Bathroom Currently generating $4,000 /month in rental income, this property is a great opportunity
Mark Benevento eXp Realty - Montclair
$375,000
Prime Somers Point Duplex – Ideal for Investors, Owner-Occupants, or Airbnb! This charming duplex—originally a single-family home—sits right on the bike path and just one block to Somers Point Beach, marinas, dining, art galleries, and the Gateway Playhouse performing arts theater. Each unit features 1 bedroom, with the first floor offering 1.5 baths and a cozy rear covered porch. The
Jeff Quintin eXp Realty - Ocean City S382K
$495,000
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
Chris Monihan MONIHAN REALTY
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | -- | |
| Deed | $180,000 | First American Mortgage Sln | |
| Deed | $119,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $135,000 | New Conventional | |
| Previous Owner | $92,750 | New Conventional | |
| Previous Owner | $99,640 | Unknown |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $404,000 | +1.0% | -- |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- |
| 04/28/2025 04/28/25 | Price Changed | $400,000 | -3.6% | -- |
| 04/03/2025 04/03/25 | Price Changed | $415,000 | -3.5% | -- |
| 03/17/2025 03/17/25 | Price Changed | $430,000 | -4.4% | -- |
| 02/11/2025 02/11/25 | For Sale | $450,000 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,524 | $210,400 | $103,100 | $107,300 |
| 2023 | $7,029 | $210,400 | $103,100 | $107,300 |
| 2022 | $7,029 | $210,400 | $103,100 | $107,300 |
| 2021 | $6,924 | $210,400 | $103,100 | $107,300 |
| 2020 | $6,783 | $210,400 | $103,100 | $107,300 |
| 2019 | $6,592 | $210,400 | $103,100 | $107,300 |
| 2018 | $6,453 | $210,400 | $103,100 | $107,300 |
| 2017 | $6,222 | $210,400 | $103,100 | $107,300 |
| 2016 | $5,940 | $210,400 | $103,100 | $107,300 |
| 2015 | $5,879 | $210,400 | $103,100 | $107,300 |
| 2014 | $5,681 | $210,400 | $103,100 | $107,300 |
G
Seller's Agent in 2025
Giuseppe (Joe) Randazzo, Jr
eXp Realty - Montclair
(215) 768-4593
5 Total Sales
A
Buyer's Agent in 2025
AGENT NON-MEMBER
NON-MEMBER OFFICE
Source: South Jersey Shore Regional MLS
MLS Number: 593041
APN: 21-00723-0000-00009
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