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

1061 West Avenue, 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 Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 14
Bathrooms 3
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 2, Bedroom 14, Bedroom 1, Bathroom 4, Bathroom 1, Bathroom 5, Bathroom 2, Bedroom 4, Bedroom 10, Bedroom 8, Bedroom 9, Bedroom 7, Bathroom 3, Bedroom 5, Bedroom 13, Bedroom 11, Bedroom 6, Bedroom 12, Dining Room, Basement, Laundry Room, Bedroom 3
Parking features Driveway
Exterior features Sidewalks, Outside Shower
Lot features Corner, Island
Subdivision Ocean City
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4877

Utilities

Heating system Forced Air, Baseboard, Other (Heating), Natural Gas
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 ATLANTIC SHORE · Keller Williams Realty
Listed By: Alexander Huffard · License #1649545
Added: Mar 19 Changed: Aug 3 Last Checked: Aug 15 at 3:06AM
MLS# 260693

Copyright © 2026 Cape May County Association of Realtors. 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 on a 40x90 lot featuring a rare side-by-side front building and a separate rear cottage, all under one roofline of character and layout. The front building is arranged side-by-side, with each unit offering 6 bedrooms and 1.5 bathrooms. First floors include a living room, dining room, kitchen, half bathroom, and utility room, with second-floor and third-floor bedroom and bath configurations providing additional room for guests, large households, or rental use.

A rear cottage adds flexibility with 2 bedrooms, 1 full bathroom, and a walk-up attic that can serve as storage or for future possibilities. Exterior features include an outdoor shower, additional storage, and a two-car driveway.

Key Highlights

  • Rare side‑by‑side front building plus separate rear cottage
  • Front units: 6 bedrooms and 1.5 bathrooms each
  • Rear cottage: 2 bedrooms, 1 full bathroom, walk‑up attic

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

3
Residential units

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 with side-by-side front units and a separate rear cottage, plus an outdoor shower and driveway parking.
Where is this triplex located?
The property is located at 1061 West Avenue 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: Rare side‑by‑side front building plus separate rear cottage; Front units: 6 bedrooms and 1.5 bathrooms each; Rear cottage: 2 bedrooms, 1 full bathroom, walk‑up attic
More about this property
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