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    25 W Pierson Ave Somers Point, NJ 08244

    New
    For Sale
    $649,000

    Triplex - Somers Point, NJ

    Type:Triplex
    Days on Market:
    2
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 25 W Pierson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement
    Basement Y/N
    1

    Utilities

    Heating system
    Baseboard

    Building Details

    Number of units
    3
    Building materials
    Cedar

    Compass New Jersey-Ocean City (609) 322-7390

    Listing agent Mark Benevento, II (609) 322-7390 License #2336427

    Listing date Dec 9, 2025

    MLS# 602986 Listing URL

    Copyright © 2025 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.

    Overview

    Somers Point Triplex Investment Opportunity

    Located on a quiet, desirable block near the local school, this triplex property at 25 W Pierson features three units: a 3-bedroom, 2-bathroom unit, a 1-bedroom, 1-bathroom unit, and a detached 2-bedroom, 1-bathroom cottage. The property offers rental diversity and consistent demand. Currently generating over $60,000 in annual income, the property presents a value-add opportunity with projected rents reaching nearly $70,000 annually through light updates and repositioning. The units are easy to lease due to the prime location, walkability, and stable tenant base in the area. This property represents a cash-flowing investment with long-term growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somers Point
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5894363
    Latitude
    39.3235547

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    FAQs

    What type of property is this?
    Triplex - High-performing triplex near school with income and growth potential.
    Where is this triplex located?
    The property is located at 25 W Pierson Ave Somers Point, NJ.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - High-performing triplex generating over $60,000 in annual income.; - Value-add opportunity with projected rents reaching nearly $70,000 annually.; - Prime location on a quiet, desirable block near the local school.
    (609) 322-7390
    Request Owner's contact information
    25 W Pierson Ave Somers Point, NJ 08244
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    Somers Point, NJ 08244
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    25 W Pierson Ave Somers Point, NJ 08244
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