606 West Ocean Heights Avenue Linwood, NJ 08221
Duplex in Linwood near shopping and schools. One unit renovated.
Property Features for 606 West Ocean Heights Avenue
General Information
- Standard status
- Active
- Size
- 2,131 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1860
Listing office OCF Realty LLC (609) 827-7804
Listing date Dec 6, 2025
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location directly across from Ocean Heights Plaza, offering immediate access to shopping and dining.
- Duplex offers immediate income potential from one livable unit.
- Value‑add opportunity with one unit requiring full renovation.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.1k | $17.40 |
| − Vacancy | −$2.4k | −$1.13 |
| EGI | $34.7k | $16.27 |
| − OpEx | −$10.4k | −$4.88 |
| NOI | $24.3k | $11.39 |