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First-Floor Condo with Gas Fireplace
For Sale
$1,250,000

854 Pennlyn, Ocean City, NJ 08226

CONDOS - Ocean City, NJ

Property SizeContact for details
Days on Market71

Property Features for 854 Pennlyn

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Dining Room, Bathroom 1
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 2024
Tax Annual Amount 5759

Utilities

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

Amenities

gas fireplace
private storage room
enclosed outside shower
landscaped backyard
front deck

Building Details

Year built 2001
Architectural style Other
Listing Agency: BHHS FOX and ROACH-Simpson OC
Listed By: MICHAEL G CONTINO · License #0338620
Added: May 28 Changed: Aug 4 Last Checked: Aug 6 at 4:06AM
MLS# 608305

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 condo offers a spacious great room with a gas fireplace and a dining area connected to a gourmet kitchen. The kitchen features quartz countertops and a subway tile backsplash, along with newer stainless steel appliances. Updates include newer laminate wood flooring in the kitchen and dining area, new carpeting throughout, Anderson windows, and a fresh paint job.

Additional improvements include a newer gas heater (2018), newer central air (2019), and a newer hot water heater (2018), plus newer front awnings (2018). The property also includes new front deck (2020) and newer electric service (2022). Outdoor amenities include a 2-car garage with driveway parking, private storage room, and an enclosed outside shower.

Room layout includes three bedrooms and two bathrooms, with a dedicated laundry room. Public water and public sewer services support day-to-day use, and the location is about 500 feet to the beach and boardwalk.

Key Highlights

  • First‑floor 3‑bedroom, 2‑bath condo with a great room gas fireplace
  • Quartz countertops and subway tile backsplash in the gourmet kitchen
  • Newer stainless steel appliances and newer electric service (both 2022)

Property Analytics

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

1,060
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - First-floor 3-bedroom, 2-bath condo with a gas fireplace, updated mechanicals, and 2-car garage parking.
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 $1,250,000.
What are key features of this property?
This property features: First‑floor 3‑bedroom, 2‑bath condo with a great room gas fireplace; Quartz countertops and subway tile backsplash in the gourmet kitchen; Newer stainless steel appliances and newer electric service (both 2022)
More about this property
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