820-822 Shore Rd, Somers Point, NJ 08244

$765,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$765,000
Price Change
▼ $34,900 1780976634
Days on Market
138
Status
ACTIVE
MLS#
605592
County
Atlantic

Property Description

Rare opportunity to own a legal duplex in the heart of downtown Somers Point, located right in the center of the city’s vibrant restaurant, nightlife, and entertainment scene. Properties with this level of flexibility and location are becoming increasingly rare as Somers Point continues to see new development and rising values. This versatile property offers mixed-use zoning with multiple possibilities. Unit 820 (currently set up as a storefront where the inventory can be purchased or removed prior to closing) allows commercial or residential use, perfect for a small business, home office, or live/work setup. Unit 822 is zoned for professional or residential use, offering additional flexibility for investors or owner-occupants. The property was previously approved by the city as two separate residential condominiums and has since been restored to its legal duplex configuration. Includes six off-street parking spaces, a rare feature for a downtown location. Just a short walk to Somers Point’s top restaurants, bars, marinas, the Gateway Playhouse, the new Paddle Club, and the popular bayfront beach concerts. The Ocean City bridge and beaches are just minutes away. A unique opportunity for investors, business owners, or live/work buyers looking to take advantage of one of the most desirable and rapidly growing locations in Somers Point.

Additional Information

Area
Somers Point City
Taxes
$7,780
Heating
Forced Air, Gas-Natural
Cooling
Central
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass New Jersey-Ocean City (O463E). Contact:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than The Quintin Group are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers.

Information is deemed accurate but not guaranteed.

Copyright 2019 South Jersey Shore Regional Multiple Listing Service.

All rights reserved.