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Residential Income Property with Fireplace
For Sale
$389,900

150 W Cedar Ave, Somers Point, NJ 08244

CONDOMINIUM, Duplex, Somers Point, NJ

Property SizeContact for details
Days on Market8

Property Features for 150 W Cedar Ave

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Dining Room, Laundry Room, Bathroom 2, Bedroom 2
Pets allowed Yes
Fireplace 1
Appliances Dishwasher, Disposal, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven
Lot features Corner, Cul-de- Sac
Directions Shore Rd to left on Bethel Rd right on Cedar Ave. 1st floor corner property on the right.
Subdivision Somers Point City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4068
HOA Fee $375 Monthly

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

covered front porch
wood burning fireplace
large storage room
professionally landscaped
private cul-de-sac

Building Details

Year built 1986
Architectural style Other
Listing Agency: BHHS FOX and ROACH-Simpson OC
Listed By: MICHAEL G CONTINO · License #0338620
Added: Oct 8 Changed: Oct 11 Last Checked: Oct 15 at 6:06AM
MLS# 612721

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 residential income property is a first-floor end unit with two bedrooms and two bathrooms. Its layout includes a living room with a wood-burning fireplace, a separate dining room, and an updated kitchen with stainless steel appliances. A covered front porch and exterior storage room add functional space, while gas heat and central air serve the interior. The building dates to 1986, and the roof was replaced 7 years ago.

Set on a private cul-de-sac, the property backs up to the Somers Point bike path. Shopping and restaurants are within walking distance, and Ocean City is minutes away. The unit also includes an attached driveway with parking for two vehicles.

Key Highlights

  • First‑floor end unit with 2 bedrooms and 2 bathrooms
  • Wood‑burning fireplace in the living room
  • Updated kitchen with stainless steel appliances and tile backsplash

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center

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

907
Businesses Nearby

Demographics for 08244, NJ

10,535
Population
5,898
Households
1.8
Avg Household Size
47
Median Age
30%
College-Educated
89%
High-School Grad
4.9 sq mi
ZIP Area
2,150
Density / Sq Mi
$67,500
Median Household Income
$38,709
Median Earnings
$1,266
Median Rent
$278,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom unit with a covered porch, updated kitchen, central air, and private outdoor storage.
Where is this residential income property located?
The property is located at 150 W Cedar Ave Somers Point, NJ.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: First‑floor end unit with 2 bedrooms and 2 bathrooms; Wood‑burning fireplace in the living room; Updated kitchen with stainless steel appliances and tile backsplash
More about this property
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