Multifamily

Ocean City, NJ Multifamily Properties for Sale

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Historic Ocean City Corner Triplex
Updated: Mar 20
Historic Ocean City Corner Triplex

1061 WEST Avenue, Ocean City, NJ 08226

$1,499,000
3,956 sqft 0.08 AC lot
Historic corner triplex in Downtown Ocean City built in 1902 on a 40x90 lot
Front building has a rare side‑by‑side layout with 2 units; each unit offers 6 bedrooms and 1.5 bathrooms
Front units include first‑floor living room, dining room, kitchen, half bathroom, and utility room; second floor has 3 bedrooms and 1 full bathroom
Front building third floor provides 3 additional bedrooms, adding space per unit
Separate rear cottage features 2 bedrooms, 1 full bathroom, and a walk‑up attic for storage or future use
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1061 WEST Avenue, OCEAN CITY, NJ 08226

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Duplex with Multi-Porch Layout
Updated: Jun 24
Duplex with Multi-Porch Layout

833 Brighton Place, Ocean City, NJ 08226

$2,499,900
Duplex on a 40' x 100' lot on Brighton Place, one block from the beach and boardwalk
Offered fully furnished
First‑floor unit: 2 bedrooms, 1 updated full bath, tile flooring, energy‑efficient mini‑split A/C, plus front and rear porches
Second- and third‑floor residence: 4 bedrooms, 1.5 baths, central A/C, gas heat, and two large porches
Outdoor space with ample off‑street parking
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New Construction Duplex in Ocean City
New Construction Duplex in Ocean City

1135 West Ave, Ocean City, NJ 08226

$2,499,998

New construction duplex with rooftop deck in the heart of Ocean City.

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Renovated Duplex with Rooftop Deck
Renovated Duplex with Rooftop Deck

108-10 21st St, Ocean City, NJ 08226

$3,549,900

Two renovated condo-style units offer spacious bedrooms, updated kitchens and baths, and outdoor living with decks and a fenced yard.

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Historic Triplex in Ocean City
Historic Triplex in Ocean City

1061 West Avenue, Ocean City, NJ 08226

$1,499,000
0.08 AC lot

Coastal triplex with a rare side-by-side layout and rear cottage.

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Prime Ocean City Investment Opportunity
Prime Ocean City Investment Opportunity

503-505 E 9th Street, Ocean City, NJ 08226

$2,374,999
2,000 sqft

High-traffic corner property with commercial units and apartments.

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Historic Ocean City Corner Triplex
Historic Ocean City Corner Triplex

1061 West Ave, Ocean City, NJ 08226

$1,499,000
0.08 AC lot

Coastal charm triplex in the heart of Downtown Ocean City.

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Beachfront Duplex with Approved Plans
Beachfront Duplex with Approved Plans

Ocean City, NJ 08226

$4,500,000
2,768 sqft

Duplex on a 37x100 beachfront lot with off-street parking and city-approved plans for a luxury single-family residence.

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Beach Block Triplex Compound
Beach Block Triplex Compound

814 E 7th Street, Ocean City, NJ 08226

$2,649,900

Turn-key triplex with three units, including two 3-bedroom units and one 1-bedroom unit, plus off-street parking and storage.

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North End Corner Duplex
North End Corner Duplex

Ocean City, NJ 08226

$1,095,000

Two rental units offer flexible living and income potential in a corner duplex near the bay and downtown shopping.

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Bayfront Condo with Private Slip
Bayfront Condo with Private Slip

195 W 17th Street, Ocean City, NJ 08226

$1,899,999

Move-in ready first-floor condo with open-concept living and a private 50-foot boat slip.

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Historic Multifamily Victorian Home
Historic Multifamily Victorian Home

816 Wesley Ave, Ocean City, NJ 08226

$2,995,000

Six-unit property with a restored Victorian main home plus five additional apartments.

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Triplex For Land Value
Triplex For Land Value

Ocean City, NJ 08226

$699,000

Triplex offering bay views from a rear deck, presented for land value with limited access pending a signed hold harmless agreement.

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First-Floor Condominium Residence
First-Floor Condominium Residence

36 Morningside Road, Ocean City, NJ 08226

$2,499,000

New construction 1st-floor condo with separate entrances, spacious decks, and a garage near the beach.

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Second-Floor Beach Block Condo
Second-Floor Beach Block Condo

814 E 7th Street, Ocean City, NJ 08226

$999,900

Second-floor condo with three bedrooms, two baths, and an outdoor grilling area, offered fully furnished and turn-key.

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First-Floor Oceanfront Condo
First-Floor Oceanfront Condo

4301 Central Ave, Ocean City, NJ 08226

$2,950,000

First-floor oceanfront condo with five bedrooms, covered private decks, and no HOA, offered fully furnished with proven rental income.

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Condominium Residence with Private Decks
Condominium Residence with Private Decks

3233 Asbury Ave, Ocean City, NJ 08226

$1,199,000

Condo just 1.5 blocks to the beach featuring three bedrooms, two baths, private front and rear decks, and split garages.

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Historic Multifamily with Five Units
Historic Multifamily with Five Units

Ocean City, NJ 08226

$2,995,000
5,694 sqft

Victorian-era home plus five additional apartments, restored in 2019, offering multiple rental configurations.

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First-Floor Corner Condo with Garage
First-Floor Corner Condo with Garage

108 21st, Ocean City, NJ 08226

$1,694,900

First-floor corner condo with 5 bedrooms, 3 bathrooms, gas heat, central air, and an attached garage, plus fenced outdoor space.

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First-Floor Condo with Private Entrances
First-Floor Condo with Private Entrances

1917 Central Ave, Ocean City, NJ 08226

$1,849,000

New construction first-floor condo offering four bedrooms, four full baths, decks, and a separate garage.

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New Construction Duplex Residence
New Construction Duplex Residence

3223 Central Ave, Ocean City, NJ 08226

$1,824,000

Modern new construction duplex with ocean views, 12-foot ceilings, and a custom kitchen with island, plus decks and garage parking.

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Beachfront Condo with Cabana
Beachfront Condo with Cabana

3300 Wesley Ave, Ocean City, NJ 08226

$3,375,000

First-floor beachfront condo with four bedrooms, four full baths, elevated construction, and a ground-level cabana room.

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Updated 5-Bedroom Condo
Updated 5-Bedroom Condo

916 Asbury Ave, Ocean City, NJ 08226

$1,249,900

Updated condo with five bedrooms and three and a half baths, offering central air, gas heat, and an office space.

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Residential Income Condominium with Pool
Residential Income Condominium with Pool

1705 Wesley Avenue, Ocean City, PA 08226

$2,499,000

5-bedroom, 4-bath income condominium with a private in-ground pool and updated interiors.

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Ocean City, NJ Multifamily Properties Market Trends and Statistics

Explore 53 multifamily properties for sale in Ocean City, NJ, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 14,418 square feet of properties for sale, with an estimated market value of $11,568,999.

Sale prices for multifamily properties in Ocean City, NJ start at $1,499,000, averaging $2,892,249, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 8
Triplexes 5
Apartment buildings 3
Short term rental properties 2

Demographics Overview

Population 11K
Population Growth (5Y) +0.5%
Median Household Income $101,782
College Educated 78.7%

High-Yield Neighborhoods for Investment

Identify Ocean City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
08226 $2.2M

Taxes & Financing

Tax Rate (average for all types) 1.04%
Property Tax per SF $2.93 per SF
Tax Rate vs County Average 0.59 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cape May County

New Delisted

Total CRE Inventory on Market (SF)

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