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    Prime Ocean City Investment Opportunity
    Updated: Dec 29, 2025
    Prime Ocean City Investment Opportunity

    503-505 E 9th Street, Ocean City, NJ 08226

    $2,374,999
    2,000 sqft
    Prime downtown Ocean City location at the high‑traffic corner of 9th Street & Central Avenue
    Established rental income stream from commercial units and apartments
    Two commercial units currently leased to a thriving restaurant with a monthly rental income of $3957 and 3% annual increase
    Four apartments (three 3‑Bedroom 1‑Bath & one 3‑bedroom 2‑bath) fully leased at $1,600/month each
    High visibility corner lot with excellent exposure to foot and vehicle traffic
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    Historic Multifamily with Five Units
    Updated: May 22
    Historic Multifamily with Five Units

    Ocean City, NJ 08226

    $2,995,000
    5,694 sqft
    Built in 1891, The Painted Lady (Thomas S. Simmons House) is a Victorian single‑family home with over 5,600 SF of living space
    6 bedrooms and 3.5 baths in the main home, plus a wraparound front porch and vintage details including hardwood floors, grand staircase, and original fixtures
    Restored in 2019 with an updated eat‑in kitchen featuring stainless steel appliances, granite countertops, and a large center island
    Gas hot water baseboard heat, tankless water heater, newer windows, and all‑new electric
    Five additional apartments included: Rear Duplex G1 (1 bed/1 bath), G2 (3 bed/1.5 bath), and Apartments A (2 bed/1 bath), B (1 bed/1 bath), C (efficiency)
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    Historic Multifamily Victorian Home
    Historic Multifamily Victorian Home

    816 Wesley Ave, Ocean City, NJ 08226

    $2,995,000

    Six-unit property with a restored Victorian main home plus five additional apartments.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 3 Active listings in Ocean City, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Main Street Mixed-Use Investment Property
    Main Street Mixed-Use Investment Property

    5 S Main Street, Cape May Court House, NJ 08210

    $1,599,995
    4,200 sqft 0.11 AC lot

    Seven-unit mixed-use building in downtown Cape May Court House.

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    7-Unit Multi-Family Building
    7-Unit Multi-Family Building

    4 N Brighton Avenue, Atlantic City, NJ 08400

    $1,199,999
    4,376 sqft 0.08 AC lot

    Fully renovated 7-unit multifamily property with separate utilities and an active short-term rental unit.

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    Atlantic City Multifamily Investment
    Atlantic City Multifamily Investment

    18 N Sovereign Ave, Atlantic City, NJ 08401

    $625,000

    Five-unit multifamily property with full occupancy near amenities.

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    Cape May Multifamily Conversion Opportunity
    Cape May Multifamily Conversion Opportunity

    804 Route 9 S, Cape May Court House, NJ 08210

    $2,000,000
    1.28 AC lot

    Commercial property with approvals for conversion to nine residential units.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Ocean City, NJ

    Consider similar Off-Market properties in Ocean City, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    917-19 5th St, Unit 19
    APARTMENT HOUSE (UNDER 5 UNITS)

    917-19 5th St, Ocean City, NJ 08226-3944

    Unit 19
    Value Estimation by Request
    999,999 sqft 0.09 AC lot
    View details
    1420 Central Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1420 Central Ave, Ocean City, NJ 08226-3166

    $1,560,000
    Estimated value
    3,216 sqft 0.05 AC lot
    View details
    804 Wesley Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    804 Wesley Ave, Ocean City, NJ 08226-3637

    Value Estimation by Request
    0.14 AC lot
    View details
    724 Ocean Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    724 Ocean Ave, Ocean City, NJ 08226-3749

    $2,605,000
    Estimated value
    11,844 sqft 0.33 AC lot
    View details
    825 Atlantic Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    825 Atlantic Ave, Ocean City, NJ 08226-3690

    $1,345,000
    Estimated value
    4,478 sqft 0.09 AC lot
    View details
    341 Central Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    341 Central Ave, Ocean City, NJ 08226-4086

    $745,000
    Estimated value
    3,493 sqft 0.09 AC lot
    View details
    819 Moorlyn Ter
    APARTMENT HOUSE (UNDER 5 UNITS)

    819 Moorlyn Ter, Ocean City, NJ 08226-3618

    Value Estimation by Request
    999,999 sqft 0.17 AC lot
    View details
    637 Wesley Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    637 Wesley Ave, Ocean City, NJ 08226-3855

    $790,000
    Estimated value
    4,936 sqft 0.07 AC lot
    View details
    1600th Asbury Avef
    APARTMENT HOUSE (UNDER 5 UNITS)

    1600th Asbury Avef, Ocean City, NJ 08226-3030

    $875,000
    Estimated value
    5,344 sqft 0.13 AC lot
    View details
    424 Wesley Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    424 Wesley Ave, Ocean City, NJ 08226-3962

    $625,000
    Estimated value
    4,470 sqft 0.07 AC lot
    View details
    1100 Ocean Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1100 Ocean Ave, Ocean City, NJ 08226-3344

    $1,440,000
    Estimated value
    12,229 sqft 0.16 AC lot
    View details
    706 Wesley Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    706 Wesley Ave, Ocean City, NJ 08226-3732

    Value Estimation by Request
    0.10 AC lot
    View details
    418 Ocean Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    418 Ocean Ave, Ocean City, NJ 08226-3685

    $755,000
    Estimated value
    5,652 sqft 0.16 AC lot
    View details
    1421 Ocean Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1421 Ocean Ave, Ocean City, NJ 08226-3118

    Value Estimation by Request
    0.26 AC lot
    View details
    222 Ocean Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    222 Ocean Ave, Ocean City, NJ 08226-4160

    Value Estimation by Request
    3,080 sqft 0.09 AC lot
    View details
    814 6th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    814 6th St, Ocean City, NJ 08226-3873

    Value Estimation by Request
    1,204 sqft 0.07 AC lot
    View details
    638 Wesley Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    638 Wesley Ave, Ocean City, NJ 08226-3801

    Value Estimation by Request
    0.10 AC lot
    View details
    416 Central Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    416 Central Ave, Ocean City, NJ 08226-3956

    $670,000
    Estimated value
    3,552 sqft 0.09 AC lot
    View details
    15th On Simpson
    APARTMENT HOUSE (UNDER 5 UNITS)

    15th On Simpson, Ocean City, NJ 08226

    Value Estimation by Request
    1.19 AC lot
    View details
    1606 Simpson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1606 Simpson Ave, Ocean City, NJ 08226

    Value Estimation by Request
    0.24 AC lot
    View details
    300 Ocean Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    300 Ocean Ave, Ocean City, NJ 08226-4075

    $565,000
    Estimated value
    0.93 AC lot
    View details

    Ocean City, NJ Apartment Buildings Market Trends and Statistics

    Explore 27 apartment buildings for sale in Ocean City, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,694 square feet of properties for sale, with an estimated market value of $5,569,999.

    Sale prices for two-family homes in Ocean City, NJ start at $2,374,999, averaging $2,784,999, and reaching up to $3,195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +0.5%
    Median Household Income $101,782
    College Educated 78.7%

    High-Yield Neighborhoods for Investment

    Identify Ocean City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08226 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.04%
    Property Tax per SF $2.93 per SF
    Tax Rate vs County Average 0.59 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cape May County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Ocean City, NJ

    • 08226

    Featured Ocean City Real Estate Agencies

    Realmo connects you with licensed Ocean City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Jersey Shore
    903 Bay Avenue Ocean City, NJ 08226
    Phone: 16093995454
    www.KWShore.com

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