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508 W New Jersey Ave, Somers Point, NJ 08244

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For Sale

$399,000

3 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Rooms

  • Basement
    Amenities

Explore this Property

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! It 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 floorplan & 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!
MLS# 582710

Courtesy Of Keller Williams Realty Jersey Shore

(609) 399-5454

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn, Basement
  • Appliances
    Dishwasher, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Central A/C
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Laminate
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Roof Type
    Unknown
  • Rooms
    Basement, Bedroom, Dining Room, Eat-In Kitchen, Full Bath

Map and Directions

Directions to 508 W New Jersey Ave, Somers Point, NJ 08244

Home seller CENTURY 21 Alliance

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Alliance

(609) 399-5711
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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