Two-Dwelling Multifamily
86 Rte 50, Ocean View, NJ 08230
For Sale
$489,000
COMMERCIAL/INDUSTRIAL, Ocean View, NJ
Property SizeContact for details
Lot Size1.70 Acres
Days on Market87
Property Features for 86 Rte 50
General Information
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Building Details
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Number of units
Buildings
Listing Agency:
BHHS FOX and ROACH-Northfield
(609) 646-1900
Listed By:
RICHARD BAEHRLE · License #8436462
(609) 226-6680
Added: Aug 13
Changed: Oct 24
Last Checked: Nov 7 at 11:06AM
MLS# 610853
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.
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Investment Insights
Based on property information with market context.
This multifamily property includes two separate dwellings and a detached three-car garage on 1.70 acres. The site provides off-street parking, 220-volt electricity, natural gas, forced-air heating, and well water. Built in 1920, the property offers a multi-structure layout suited to residential income use, subject to verification of zoning, permitted uses, approvals, and other due diligence.
The property fronts Route 50 in Upper Township and is located near the Garden State Parkway, Sea Isle City, Strathmere, and Ocean City. Its roadside position and acreage provide a substantial setting for the existing residential improvements, garage, parking, equipment, and storage needs.
The property fronts Route 50 in Upper Township and is located near the Garden State Parkway, Sea Isle City, Strathmere, and Ocean City. Its roadside position and acreage provide a substantial setting for the existing residential improvements, garage, parking, equipment, and storage needs.
Key Highlights
- Two separate dwellings on one property
- Detached 3‑car garage
- 1.70‑acre parcel with Route 50 frontage
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
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Business Placement
Demographics for 08230, NJ
5,908
Population
2,669
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
98%
High-School Grad
19.5 sq mi
ZIP Area
303
Density / Sq Mi
$110,667
Median Household Income
$63,750
Median Earnings
$1,757
Median Rent
$406,900
Median Home Value
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Average Price Trend$/SF for Multifamily properties in Cape May County, NJ
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Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property with separate dwellings, a detached garage, and room for off-street parking on a sizable parcel.
Where is this multifamily property located?
The property is located at 86 Rte 50 Ocean View, NJ.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Two separate dwellings on one property; Detached 3‑car garage; 1.70‑acre parcel with Route 50 frontage
