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Corner Triplex with Rear Cottage
For Sale
$1,499,000

1061 West Ave, Ocean City, NJ 08226

MULTI_FAMILY - Ocean City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market150

Property Features for 1061 West Ave

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning CB-1
Bedrooms 24
Rooms Bedroom 17, Bedroom 5, Bedroom 16, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 9, Bedroom 19, Bedroom 11, Bedroom 1, Dining Room, Bedroom 10, Bedroom 6, Bedroom 21, Bedroom 13, Bedroom 18, Bedroom 7, Bedroom 15, Bedroom 22, Bedroom 12, Bedroom 23, Bedroom 20, Bedroom 24, Bedroom 14
Patio and Porch features Porch
Exterior features Curbs, Outside Shower, Porch, Sidewalks
Appliances Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, Washer
Directions Located on the corner of 11th Street and West Avenue.
Subdivision Ocean City/Central
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4877

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Baseboard, None (Heating)
Cooling system Ceiling Fan(s)
Water source Public

Amenities

outdoor shower
additional storage

Building Details

Year built 1902
Number of units 3
Listing Agency: KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
Listed By: ALEXANDER HUFFARD · License #1649545
Added: Mar 19 Changed: Aug 2 Last Checked: Aug 15 at 3:06AM
MLS# 605797

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Historic corner triplex in Downtown Ocean City featuring a rare side-by-side front building and a separate rear cottage, all situated on a 40x90 lot. The front building is configured with two side-by-side units, and each unit is described as having 6 bedrooms and 1.5 bathrooms. First floor space includes a living room, dining room, kitchen, half bathroom, and utility room. The second floor provides three bedrooms and a full bathroom, and the third floor adds three additional bedrooms.

The rear cottage adds flexibility with 2 bedrooms, 1 full bathroom, and a walk-up attic for storage or future possibilities. Exterior features include an outdoor shower, porch, and additional storage, along with a two-car driveway. Zoning is CB-1.

Built in 1902, the property includes public water and public sewer services, with heating described as baseboard plus additional listed heating, and cooling via ceiling fan(s).

Key Highlights

  • Historic 1902 corner triplex with side‑by‑side front building and separate rear cottage
  • 40x90 lot with CB‑1 zoning
  • Front building: two side‑by‑side units, each with 6 bedrooms and 1.5 bathrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Catering Service Home Appliance Store (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,451
Businesses Nearby

Demographics for 08226, NJ

11,229
Population
20,905
Households
0.5
Avg Household Size
57
Median Age
55%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
1,651
Density / Sq Mi
$101,782
Median Household Income
$54,323
Median Earnings
$1,670
Median Rent
$719,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Historic corner triplex on a CB-1 lot with a separate rear cottage, public utilities, and a side-by-side front layout.
Where is this triplex located?
The property is located at 1061 West Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Historic 1902 corner triplex with side‑by‑side front building and separate rear cottage; 40x90 lot with CB‑1 zoning; Front building: two side‑by‑side units, each with 6 bedrooms and 1.5 bathrooms
More about this property
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