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Residential Income Property with Garage
For Sale
$1,219,500

854 Pennlyn, Ocean City, NJ 08226

CONDOMINIUM, Duplex, Ocean City, NJ

Property SizeContact for details
Days on Market25

Property Features for 854 Pennlyn

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bathroom 1, Bedroom 1, Dining Room, Bathroom 2, Bedroom 2, Bedroom 3
Pets allowed Yes
Fireplace 1
Appliances Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Lot features Boardwalk Area
Directions Atlantic Ave to Pennlyn Place then head to the beach!
Subdivision Ocean City/Northend
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5759

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 2001
Architectural style Other
Listing Agency: BHHS FOX and ROACH-Simpson OC
Listed By: MICHAEL G CONTINO · License #0338620
Added: Aug 27 Changed: Sep 20 Last Checked: Sep 20 at 10:06PM
MLS# 611317

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.

This well-maintained first-floor condominium in Ocean City offers three bedrooms, two bathrooms, and a spacious great room with a gas fireplace. The kitchen includes quartz countertops, subway tile backsplash, newer stainless steel appliances from 2022, a large island, and an adjoining dining area. Laminate wood flooring was added in the kitchen and dining area in 2021, while new carpeting throughout is noted for 2026. Additional features include Anderson windows, fresh paint, a private storage room, and furnishings and décor.

The property is located approximately 500 feet from the beach and boardwalk. Exterior amenities include a new front deck installed in 2020, front awnings updated in 2018, an enclosed outdoor shower, and a landscaped backyard. Parking includes a two-car garage and driveway space. Building systems include a newer gas heater from 2018, central air added in 2019, a newer hot water heater from 2018, and new electric service installed in 2022. Public water and public sewer serve the property.

Key Highlights

  • Approximately 500 feet from the beach and boardwalk
  • Three‑bedroom, two‑bathroom first‑floor condominium
  • Quartz kitchen with island and stainless steel appliances updated in 2022

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Big Box & Wholesale Store Garden Center Hair Salon Home Appliance Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

574
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom coastal condominium with updated systems, private outdoor areas, and convenient beach and boardwalk access.
Where is this residential income property located?
The property is located at 854 Pennlyn Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,219,500.
What are key features of this property?
This property features: Approximately 500 feet from the beach and boardwalk; Three‑bedroom, two‑bathroom first‑floor condominium; Quartz kitchen with island and stainless steel appliances updated in 2022
More about this property
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