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Two-Unit Duplex with Water-View Deck
New
For Sale
$1,500,000

401 S Bayview Drive, Strathmere, NJ 08248

MULTI-FAMILY, Strathmere, NJ

Property SizeContact for details
Lot Size0.12 Acres
Days on Market7

Property Features for 401 S Bayview Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RR
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Dining Room, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Laundry Room, Bedroom 4
Parking features Driveway, Garage
Patio and Porch features Porch, Deck, Patio
Exterior features Patio, Deck, Porch, Grill, Storage Building, Sidewalks, Outside Shower, Waterview
Lot features Cleared Lot, Corner, Island, Water View
Subdivision Strathmere
Standard status Active
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 17932

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Zoned, Ceiling Fan(s), Multi Units

Amenities

garages
outdoor shower
storage shed
deck

Building Details

Year built 2007
Number of units 2
Additional Structures Storage
Listing Agency: RIORDAN REAL ESTATE INC.
Listed By: Brian Riordan
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 6 at 5:06PM
MLS# 262790

Copyright © 2026 Cape May County Association of Realtors. 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.

Built in 2007, this duplex is arranged as two residences, one on each level. Each offers three bedrooms and two bathrooms, with its own entrance, garage, driveway, and utility service. The property also has a deck with water views, an outdoor shower, a storage shed, and off-street parking for multiple vehicles. It is being sold furnished, subject to a limited exclusion list, and includes a 66-by-78-foot corner parcel.

The property is in Strathmere, within walking distance of the beach, bay, restaurants, and Corson's Inlet State Park. The lower-level residence has a rental history.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 baths
  • Separate entrance, garage, driveway, and utilities for each level
  • 66'x78' corner parcel

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Restaurant Gym & Fitness Center Bed & Breakfast Real Estate Agency Hotel & Motel

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 08248, NJ

137
Population
492
Households
0.3
Avg Household Size
63
Median Age
61%
College-Educated
100%
High-School Grad
0.5 sq mi
ZIP Area
274
Density / Sq Mi
$106,840
Median Household Income
$80,799
Median Earnings
$934,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has three bedrooms, two baths, and separate utility service.
Where is this duplex located?
The property is located at 401 S Bayview Drive Strathmere, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 baths; Separate entrance, garage, driveway, and utilities for each level; 66'x78' corner parcel
More about this property
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