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Linwood Duplex Investment Opportunity

606 West Ocean Heights Avenue Linwood, NJ 08221

606 West Ocean Heights Avenue, Linwood, NJ, 08221
$325,000
For Sale
Claim this Listing
$325,000

Duplex in Linwood near shopping and schools. One unit renovated.

Property Size2,131 SF
Price / SF$152.51
AddedDec 6, 2025
Days on Market222
Last RefreshJul 16 at 3:44 am

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

Listing date Dec 6, 2025

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of OCF Realty LLC


Investment Insights

Based on property information with market context.

Located in Linwood, this duplex presents an investment opportunity. Situated on an oversized lot directly across from Ocean Heights Plaza in Somers Point, the property offers convenient access to ShopRite, Staples, dining options, and other daily conveniences. One of the two units requires a complete renovation, making it suitable for investors or owner-occupants seeking a value-add project. The second unit is in livable condition and can generate immediate income. The building is structurally sound, providing a foundation for upgrades. The property is not located in a flood zone. The location provides proximity to schools, parks, shopping, and major shore routes. Transportation options include an airport less than 10 miles away and a bus stop less than 1 mile away. The property is within the Linwood City school district. The property size is 2131 square feet.

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
2,131 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$346.7K
$303.4K – $404.5K (±1% cap)
NOI $24,268 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$304.7K
$266.6K – $355.5K (±1% cap)
NOI $21,331 @ 7.0% cap · market cap 6.56%
Theoretical Best
Warehouse
$793.6K
$694.4K – $925.8K (±1% cap)
NOI $55,550 @ 7.0% cap · market cap 17.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Auto Repair Shop Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store Daycare Center Restaurant Storage Facility (Bike/Boat/Book/etc) Store Electrical Service

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

FAQs

What type of property is this?
Duplex - Duplex in Linwood near shopping and schools. One unit renovated.
Where is this duplex located?
The property is located at 606 West Ocean Heights Avenue Linwood, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 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.
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