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USANJSomers Point438 Shore Road
Listing image | Image 1

438 Shore Road, Somers Point, NJ

House

For Sale

Listed price in listed location currency (USD).
$599,000

000

MLS® 609003

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $7,806
Days Active 4
Lot Size 
Approx. Age 
MLS® Number 609003

Property Address: 438 Shore Road, Somers Point, NJ, 08244

Average square foot calculated using Size range provided by listing agent.

Description

A well-positioned income-producing triplex on one of Somers Point's most traveled corridors, offering immediate cash flow with meaningful upside. This three-unit property sits on Shore Road just minutes from Ocean City, the bay, and Shore Medical Center — a location that keeps units occupied year-round. The building comprises two one-bedroom units and a studio, generating current rents of $1, 333, $1, 800, and $1, 300 per month for a combined gross income of $4, 433/month. The third unit — a one-bedroom currently rented at $1, 300 — is being offered with a projected post-renovation rent of $1, 700/month, representing a straightforward value-add play with a clear path to $4, 833/month in stabilized gross income. Built circa 1900 and encompassing approximately 1, 795 square feet on a 0.17-acre lot, this property suits an owner-occupant looking to offset carrying costs or an investor seeking a low-maintenance addition to a South Jersey coastal portfolio. The Shore Road location delivers consistent rental demand driven by proximity to the Ocean City bridge, hospital employment, and the broader Atlantic County job market. Whether you're acquiring at current rents or executing the light renovation to push Unit 3 to market rate, the numbers work from day one.
MLS® Number609003
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayPARKING - EXTERIOR: Three or More Cars, Garage: None
Garage Spaces
HeatForced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 17, 2026List Date
$599,000List Price
  • Commute

Commute

Starting Address
Destination Address
438 Shore Road, Somers Point, NJ

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