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Residential Income Property with Decks
For Sale
$1,449,000

807 Pennlyn Pl, Ocean City, NJ 08226

CONDOMINIUM, Duplex, Ocean City, NJ

Property SizeContact for details
Days on Market14

Property Features for 807 Pennlyn Pl

General Information

Property type Residential
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Dining Room, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Laundry Room
Pets allowed Yes
Fireplace 1
Appliances Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Lot features Boardwalk Area, Water View
Directions 9th St Bridge to left on Atlantic to right on Pennlyn
Subdivision Ocean City/Northend
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7567

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

gas fireplace
granite countertops
stainless-steel appliances
hardwood floors
central air
natural gas heat
enclosed outdoor shower
multiple decks
awnings
laundry closet

Building Details

Year built 2003
Architectural style Other
Listing Agency: BHHS FOX and ROACH-Simpson OC
Listed By: BRIAN LOGUE · License #1431144
Added: Aug 28 Changed: Sep 7 Last Checked: Sep 10 at 5:06AM
MLS# 611326

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 upper-level residential income property in Ocean City offers four bedrooms, three updated full baths, and two living levels. The main floor combines living and dining areas with hardwood floors, a gas fireplace, and an open kitchen equipped with granite countertops, stainless-steel appliances, generous cabinetry, and a center island. Three bedrooms, two baths, and a laundry closet are also located on this level.

The upper floor contains a spacious primary suite with two walk-in closets, front and rear deck access, and an updated ensuite bath with a double vanity and oversized tiled shower. Multiple decks, including an oversized rear deck, expand the outdoor living area. Garage-level space provides substantial storage, while additional features include an enclosed outdoor shower, central air, natural gas heat, driveway parking, public water, and public sewer. Built in 2003, the property is offered mostly furnished, with a newer roof and HVAC.

Key Highlights

  • Four bedrooms and 3 updated full baths across two living levels
  • Oversized upper‑level rear deck plus multiple front and rear decks
  • Primary suite includes two walk‑in closets and private deck access

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Big Box & Wholesale Store Home Appliance Store 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

1,060
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-level residence with multiple decks, garage parking, extensive storage, and updated interior finishes.
Where is this residential income property located?
The property is located at 807 Pennlyn Pl Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Four bedrooms and 3 updated full baths across two living levels; Oversized upper‑level rear deck plus multiple front and rear decks; Primary suite includes two walk‑in closets and private deck access
More about this property
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