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Two-Dwelling Multifamily Property
For Sale
$509,000

86 Rte 50, Ocean View, NJ 08230

COMMERCIAL - Ocean View, NJ

Property SizeContact for details
Lot Size1.70 Acres
Days on Market10

Property Features for 86 Rte 50

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Interior features 220 Volt Electricity
Lot features Highway, Mainland
Directions ROUTE 50 (TUCKAHOE RD)
Subdivision Upper Twp
Standard status Active
Lot size 1.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3826

Utilities

Heating system Forced Air, Natural Gas
Water source Well

Building Details

Year built 1920
Number of units 3
Listing Agency: BHHS FOX and ROACH-Northfield
Listed By: RICHARD BAEHRLE · License #8436462
Added: Aug 13 Last Checked: Aug 22 at 6:06AM
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.

Investment Insights

Based on property information with market context.

This multifamily property includes two separate dwellings on a 1.70-acre parcel, along with a detached three-car garage. The improvements date to 1920 and include forced-air heating, natural gas, 220-volt electricity, off-street parking, and a well water source. The separate-building layout provides distinct residential spaces within one property.

The parcel has frontage on Route 50 in Upper Township, with access to the Garden State Parkway and nearby shore destinations including Sea Isle City, Strathmere, and Ocean City. Its position along the route provides a defined commercial corridor setting, while the acreage accommodates parking, storage, and equipment areas. Any zoning, permitted-use, approval, or development questions require buyer due diligence.

Key Highlights

  • 1.70‑acre multifamily parcel with two separate dwellings
  • Detached 3‑car garage included
  • Route 50 frontage in Upper Township

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Auto Parts Store Building Supply Big Box & Wholesale Store

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate residences, a detached garage, and substantial land support a flexible income-property configuration.
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 $509,000.
What are key features of this property?
This property features: 1.70‑acre multifamily parcel with two separate dwellings; Detached 3‑car garage included; Route 50 frontage in Upper Township
More about this property
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