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    Oceanside Duplex in Beach Haven Title is generated by Realmo AI

    9 E MARYLAND Avenue, Long Beach Township, NJ 08008

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    Claim this Listing
    For Sale
    $1,650,000

    MULTI_FAMILY - LONG BEACH TOWNSHIP, NJ

    Property size:
    2,048 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $805/SF
    Added:
    Jul 26, 2025
    Days on Market:
    300
    Last Refresh:
    May 21 at 3:06 pm

    Property Features for 9 E MARYLAND Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Off Street, Driveway
    Interior features
    Entry Level Bedroom, Window Treatments, Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Pantry, Recessed Lighting, Stove - Wood
    Appliances
    Dishwasher, Oven/Range - Electric, Built-In Microwave, Stove
    Standard status
    Active
    Size
    2,048 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6737

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1955
    Number of units
    2
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Heather Supchak

    Listing agent Heather Supchak License #0234938

    Listing office G. Anderson Agency 12001 Long Beach Boulevard, Haven Beach, NJ

    Listing date Jul 26, 2025

    MLS# NJOC2035738 Listing URL

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

    HighLights

    • Consistent rental income of $55,000 per season.
    • Oceanside location within walking distance to popular attractions.
    • Two units: a 3‑bedroom, 1‑bath first floor unit and a 2‑bedroom, 1‑bath second floor unit.
    • Updated flooring, kitchens, and baths in both units.
    • Spacious outdoor areas: large upper deck for the second floor and ground level area for the first floor.
    • Oversized 60 x 100 lot.

    Overview

    This oceanside duplex is located in Beach Haven Terrace on an oversized 60 x 100 lot. The first-floor unit features 3 bedrooms and 1 bathroom, with updates to the flooring, kitchen, and bath. The front dining room can accommodate a family of 8, while the large back family room is suitable for relaxation. The second-floor unit has an open floor plan with 2 bedrooms and 1 bathroom, also featuring updated flooring and bath. Both units have generated consistent rental income of $55,000 per season, with both prime and off-season weeks rented annually. Outdoor space includes a large upper deck for the second floor and a spacious ground-level area for the first floor. The property is within walking distance of Terrace Tavern, Marvels Donuts, Wawa, Delaware Oyster House, new Pickleball Courts, Meltdown Ice Cream, and California Grill. The property is sold as is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Building Supply Law Firm Auto Repair Shop Discount Store Electrical Service Electronics & Wireless Store Computer & Electronic Repair Department Store (Bike/Boat/Book/etc) Store Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach Township
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2238371
    Latitude
    39.5850089

    Nearby Similar for Sale

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      1,128 SF

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      Charming duplex near the beach with investment potential.
      20 W 87TH Street, LONG BEACH TOWNSHIP, NJ 08008
      View Details
    • $1,325,000
      2,832 SF

      Long Beach Blvd Commercial Property

      Commercial property for sale on Long Beach Blvd.
      7900 Long Beach Blvd, Long Beach Township, NJ 08008
      View Details

    FAQs

    What type of property is this?
    Duplex - Beach Haven Terrace duplex with consistent rental income.
    Where is this duplex located?
    The property is located at 9 E MARYLAND Avenue Long Beach Township, NJ.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: Consistent rental income of $55,000 per season.; Oceanside location within walking distance to popular attractions.; Two units: a 3‑bedroom, 1‑bath first floor unit and a 2‑bedroom, 1‑bath second floor unit.
    (609) 492-1277
    We can help!
    Listing Contact
    Heather Supchak
    Real Estate License ID: 0234938
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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