5 months on rocket

86 Rte 50, Ocean View, NJ, 08230

$629,999

Home List Price

$7,481*

Closing Credit

0 Baths
Multi

Location

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86 Rte 50, Ocean View$629,999

Buyer Closing Credits

$7,481*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingThree or More Cars
Garage3 spaces
HeatingNatural Gas
MLS #586926
StatusActive

About 86 Rte 50

Opportunity awaits! Zoned Commercial and Residential this is the perfect property for the savvy investor. Currently the property contains 2 residential units (a single family detached 3 bedroom + a 1 bedroom cottage) along with a 3 car attached garage that can be converted into apartments as well. Cottage contains new electric + plumbing and is slightly renovated on the inside. Lot is just under 2 acres.

Property Details

Property Features

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Three or More Cars

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Located off Route 50 in Ocean View

Price Information

Listing Price Info

Price Summary:

  • List Price: $629,999
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Housing Market Comparison

See how this home compares to others in Ocean View, NJ.

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Ocean View, NJ

City

Med. Sold Price

$854.9K

Med. Price/SqFt

$281

Avg. Days On Market

33

# of Sold Homes

3

86 Rte 50 vs Ocean View

162 DAYS ON ROCKET

+129 Days

$629,999

-$224.9K Less

KEY TAKEAWAY

This property is $224.9K less than the Median Sold Price in Ocean View, NJ.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #586926

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

Broker Reciprocity Disclaimer: 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 (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,212

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,955

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4534280
5
/10

  • Upper Township Elementary School

  • 50 N Old Tuckahoe Rd

  • 4.61 miles

  • Public District Grades 3-5

school-card-donut-4534281
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 8.36 miles

  • Public District Grades PK-3

school-card-donut-4534282
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 9.49 miles

  • Public District Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $106,514. The majority of Ocean View, NJ residents have income between $100k-200k annually. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Cape May County›Ocean View›08230›86 Rte 50

This home is located at 86 Rte 50 in Ocean View, NJ and zip code 08230. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $629,999.

In November 2024, from all listings sold in Ocean View, NJ there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. Between October 2024 and November 2024, Ocean View, NJ real estate market has seen decrease in the number of listings by 15.8%. In November 2024 median list price was $854,995 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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