Estimated payment $2,858/month
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 for investors looking for strong cash flow, or for an owner-occupant seeking to live in one unit while renting the other. Additional highlights include: Ample off-street parking for tenants and guests Well-kept interiors with reliable tenants in place Excellent upside potential with a simple reconfiguration of the 2-bedroom unit Don’t miss out on this versatile investment in a prime location! Brand new roof!! 7.25% CAP Rate
Home Type
Est. Annual Taxes
Parking
Home Design
Utilities
Additional Features
Community Details
| 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 | $5,872 | $164,200 | $80,500 | $83,700 |
| 2023 | $5,486 | $164,200 | $80,500 | $83,700 |
| 2022 | $5,486 | $164,200 | $80,500 | $83,700 |
| 2021 | $5,404 | $164,200 | $80,500 | $83,700 |
| 2020 | $5,294 | $164,200 | $80,500 | $83,700 |
| 2019 | $5,144 | $164,200 | $80,500 | $83,700 |
| 2018 | $5,036 | $164,200 | $80,500 | $83,700 |
| 2017 | $5,497 | $185,900 | $80,500 | $105,400 |
| 2016 | $5,248 | $185,900 | $80,500 | $105,400 |
| 2015 | $5,194 | $185,900 | $80,500 | $105,400 |
| 2014 | $5,019 | $185,900 | $80,500 | $105,400 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 05/24/2025 05/24/25 | Price Changed | $429,000 | -4.5% | -- |
| 05/20/2025 05/20/25 | Price Changed | $449,000 | -6.3% | -- |
| 05/13/2025 05/13/25 | For Sale | $479,000 | +205.1% | -- |
| 08/28/2020 08/28/20 | Sold | $157,000 | -17.3% | -- |
| 07/11/2020 07/11/20 | Pending | -- | -- | -- |
| 05/25/2020 05/25/20 | For Sale | $189,900 | +22.5% | -- |
| 10/11/2013 10/11/13 | Sold | $155,000 | 0.0% | -- |
| 09/11/2013 09/11/13 | Pending | -- | -- | -- |
| 02/18/2013 02/18/13 | For Sale | $155,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | New Title Company Name | |
| Deed | $157,000 | None Listed On Document | |
| Deed | $155,000 | Freedom Title & Abstract Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $243,750 | New Conventional | |
| Previous Owner | $165,100 | New Conventional | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $100,000 | Unknown |
$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
$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
$400,000
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
Giuseppe (Joe) Randazzo, Jr eXp Realty - Montclair
Source: South Jersey Shore Regional MLS
MLS Number: 596234
APN: 21-00511-0000-00006
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