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Furnished Two-Unit Duplex
For Sale
$1,400,000

9 Mermaid Lane, Long Beach Township, NJ 08008

Separate entrances, two remodeled kitchens, and outdoor living areas support flexible use of the two residences.

Property Size1,443 SF
Price / SF$970.20
Days on Market14

Property Features for 9 Mermaid Lane

General Information

Standard status Active
Size 1,443 SF
Property subtype Multi-family

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Furnished Yes

Amenities

sunroom
hardwood flooring
vinyl flooring
remodeled kitchens
cherry cabinets
granite counters
stainless steel appliances
recessed lighting
tankless hot water heater
washer/dryer combo
paver stone patio
seashore landscaping
large fiberglass deck

Building Details

Year Built 1959
Buildings 1
Listing Agency: Mary Allen Realty,Inc.
Listed By: Eileen J Matson · License #8635959
Source: Actionplusrealty
Added: Sep 30 Changed: Oct 11 Last Checked: Oct 12 at 8:11PM

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 Mary Allen Realty,Inc.

Investment Insights

Based on property information with market context.

This 1959 duplex contains two furnished residences. The first-floor unit has three bedrooms, one bathroom, a living, kitchen and dining area, and a sunroom with hardwood flooring. Upstairs, the second unit offers two bedrooms, one bathroom, an open living and kitchen area, and vinyl flooring. Both kitchens have cherry cabinets, granite counters, and stainless steel appliances. Recessed lighting, a tankless water heater, and a washer-dryer combination serve the property.

Outdoor features include a paver patio with seashore landscaping and a large fiberglass deck on the second floor. The property is described as oceanside and a short walk from the beach, with nearby shopping, restaurants, and ice cream shops. Two driveways provide parking on either side of the property.

The duplex has a history of repeat summer rentals and is offered furnished. Its two residences have distinct bedroom configurations and separate kitchen and living areas.

Key Highlights

  • Two residences: a three‑bedroom, one‑bath unit and a two‑bedroom, one‑bath unit
  • Remodeled kitchens with cherry cabinets, granite counters, and stainless steel appliances
  • Tankless water heater, recessed lighting, and shared washer‑dryer combination

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Locksmith Dental Office Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Fish Market Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 08008, NJ

6,914
Population
16,979
Households
0.4
Avg Household Size
62
Median Age
64%
College-Educated
97%
High-School Grad
10.8 sq mi
ZIP Area
640
Density / Sq Mi
$116,544
Median Household Income
$60,752
Median Earnings
$1,664
Median Rent
$1,083,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Separate entrances, two remodeled kitchens, and outdoor living areas support flexible use of the two residences.
Where is this duplex located?
The property is located at 9 Mermaid Lane Long Beach Township, NJ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Two residences: a three‑bedroom, one‑bath unit and a two‑bedroom, one‑bath unit; Remodeled kitchens with cherry cabinets, granite counters, and stainless steel appliances; Tankless water heater, recessed lighting, and shared washer‑dryer combination
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