Back 500 W New Jersey Ave
Off Market

500 W New Jersey Ave

Somers Point NJ 08244

8
3800 sq. ft.
Multi-Family
Last sold for $795,000
Troy RosenzweigTroy Rosenzweig, last sold this property on 21 October 2025 after 132 days on market.

Overview

Fabulous investment property, 100% occupied Quadruplex- Great neighborhood in Somers Point, 0.5 miles from Bay Avenue, centrally located to all the fun, shopping and dining Somers Point has to offer. Close to public transportation, the Parkway, the Somers Point- Ocean City bridge and the Longport- Somers Point bridge. This well-maintained property consists of two 2-bedroom 1 bath side by side Townhomes. Two stories, the first floor offers a good size living room with a large storage/coat closet. Eat in kitchen with electric cooking and washer/dryer. Second floor consists of 2 spacious bedrooms and a full bathroom. Both are tenant occupied and well maintained each units get 2 assigned parking spaces. Unit #3 is a ground floor unit along the side of the townhouse leading to the back of the property, that unit consists of 2 bedrooms with a flex room/3rd bedroom with a closet and pocket doors, the current tenants use 1 of the 2 spacious bedrooms for an office and the flex room as the living/family room and the living room as a dressing room/gym. (See photos) Eat in kitchen, stackable washer and dryer and spacious bathroom, this unit has 2 assigned parking spaces. Unit #4 is a ground floor, 1 bedroom 1 bath unit with washer and dryer the bathroom is a Jack and Jill bathroom that turns the bedroom into a primary. This unit comes with a decent size storage area and 1 assigned parking spot. All units have stainless appliance package in kitchen and central split systems for heat and central air.

Features

8 bedrooms
3800 sq. ft. floor area
Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Somers Point over the last 12 months.

Property history for 500 W New Jersey Ave

2025
Sold
$795,000
21 Oct 2025 by Troy Rosenzweig, of BHHS Fox & Roach-Margate
2016
Sold
$169,000
12 Aug 2016 by Paul Carboni, of BHHS Fox & Roach-Northfield

Happy sellers in Somers Point

80%
80% of sellers in Somers Point reported that their sale price either exceeded or met their price expectations.

Somers Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Somers Point over the last 12 months.

Local market activity for 8 bedroom multi families in Somers Point

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