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Duplex Property with Public Utilities
New
For Sale
$1,399,000

5505 Simpson Ave, Ocean City, NJ 08226

MULTI-FAMILY, Ocean City, NJ

Property SizeContact for details
Lot Size0.11 Acres
Days on Market2

Property Features for 5505 Simpson Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Directions 34th St Bridge to Right on West to Right on 55th to Left on Simpson
Subdivision Ocean City/Southend
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6339

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Number of units 2
Listing Agency: BHHS FOX and ROACH-Simpson OC
Listed By: BRIAN LOGUE · License #1431144
Added: Sep 22 Last Checked: Sep 23 at 8:06AM
MLS# 612139

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 duplex property is located at 5505 Simpson Ave in Ocean City, New Jersey. The residential asset occupies a 40x115 lot and is heated by electric service.

Public water and public sewer serve the property. The address is in the Southend area of Ocean City, within Cape May County and postal code 08226.

Key Highlights

  • Duplex property on a 40x115 lot
  • Located at 5505 Simpson Ave, Ocean City, NJ 08226
  • Public water service

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service Bakery Garden Center (Bike/Boat/Book/etc) Store Building Supply

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

Location Intelligence

Trade Area within ½ mile

64
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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with electric heating and public water and sewer.
Where is this duplex located?
The property is located at 5505 Simpson Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Duplex property on a 40x115 lot; Located at 5505 Simpson Ave, Ocean City, NJ 08226; Public water service
More about this property
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