Multifamily

Ocean City, NJ Multifamily Properties for Sale

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32 properties
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Two-Unit Duplex with Elevator
Updated: Oct 11
Two-Unit Duplex with Elevator

WESLEY Avenue, Ocean City, NJ 08226

$3,425,000
3,372 sqft 0.11 AC lot
Two residences with a combined 10 bedrooms and 6 full bathrooms
3,372 square feet on a 0.1102‑acre lot
Built in 2017
Private elevator serves the second‑floor unit
Furnished offering, excluding personal items
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Historic Corner Triplex
Updated: Mar 20
Historic Corner Triplex

1061 WEST Avenue, Ocean City, NJ 08226

$1,499,000
3,956 sqft 0.08 AC lot
3,956‑square‑foot triplex built in 1902
Two side‑by‑side front units, each with 6 bedrooms and 1.5 bathrooms
Separate rear cottage with 2 bedrooms, 1 full bathroom, and walk‑up attic
40x90 lot with a two‑car driveway and off‑street parking
Outdoor shower and additional storage
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Three-Bedroom Shore Rental Condo
Three-Bedroom Shore Rental Condo

893 4th Street, Ocean City, NJ 08226

$1,250,000

A furnished vacation rental with a front deck, central air conditioning, and capacity for up to nine guests.

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Restored Historic Apartment Building
Restored Historic Apartment Building

816 Wesley Ave, Ocean City, NJ 08226

$2,695,000
5,694 sqft

Historic income property combines a primary residence with five additional apartments, updated systems, and outdoor entertaining space.

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Short-Term Rental with Fenced Yard
Short-Term Rental with Fenced Yard

917 Central Ave, Ocean City, NJ 08226

$1,453,500

A four-bedroom home with an established rental history sits within walking distance of the beach, boardwalk, shops, and restaurants.

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Oceanfront Duplex with Private Pools
Oceanfront Duplex with Private Pools

2906 Wesley Ave, Ocean City, NJ 08226

$7,400,000

Two homes are being built with elevator service, garage parking, and rooftop deck access.

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Furnished Beach-Block Triplex
Furnished Beach-Block Triplex

814 E 7th Street, Ocean City, NJ 08226

$2,649,900

Three separate residences feature furnished interiors, off-street parking, secure storage, and an outdoor grilling area.

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Historic Corner Triplex
Historic Corner Triplex

1061 WEST AVE, Ocean City, NJ 08226

$1,499,000
3,956 sqft 0.08 AC lot

Three residences include a two-unit front building and a separate rear cottage with storage space.

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Second-Floor Duplex Residence
Second-Floor Duplex Residence

2526 Central Ave, Ocean City, NJ 08226

$2,699,000

Private-entry residence with coastal amenities, outdoor living areas, and dedicated parking.

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Elevator-Served Short-Term Rental
Elevator-Served Short-Term Rental

639 Ocean Ave, Ocean City, NJ 08226

$1,995,000

Two-level condominium residence with generous entertaining areas, private outdoor spaces, parking, and a detached-feeling garage setup.

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Furnished Three-Unit Beach-Block Property
Furnished Three-Unit Beach-Block Property

814 E 7th St, Ocean City, NJ 08226

$2,649,900
3,200 sqft

Three distinct residences include two larger layouts, a compact rear unit, and shared outdoor amenities near the beach and boardwalk.

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Elevator-Served Short-Term Rental Property
Elevator-Served Short-Term Rental Property

1009 Wesley Ave, Ocean City, NJ 08226

$2,099,900

Spacious first-floor condominium with multiple outdoor living areas, beach access, and substantial parking accommodations.

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Beachfront Duplex
Beachfront Duplex

2924-26 Wesley Ave, Ocean City, NJ 08226

$5,599,000

Ocean views and beach access serve the property's two-unit configuration.

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Flexible Short-Term Rental Property
Flexible Short-Term Rental Property

840/842 Wesley Ave # 840 & 842, Ocean City, NJ 08226

$3,425,000
3,372 sqft

Two rentable units can operate independently or connect for larger vacation groups, with elevator access and walkable beach access.

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Residential Income Property with Garage
Residential Income Property with Garage

1115 West Ave, Ocean City, NJ 08226

$1,149,999

First-floor condominium with furnished interiors, private outdoor space, and established short-term rental operations near the shore.

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Furnished Short-Term Rental Property
Furnished Short-Term Rental Property

1117 West Ave, Ocean City, NJ 08226

$1,199,999

Second-floor coastal residence with established rental history, future bookings, private garage, and beach-oriented amenities.

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Beachfront Duplex
Beachfront Duplex

2924-26 Wesley Ave, Ocean City, NJ 08226

$5,599,000
3,960 sqft 0.09 AC lot

The property occupies a 3,960-square-foot lot and is described as completely remodeled.

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Furnished Short-Term Rental Condo
Furnished Short-Term Rental Condo

814 E 7th Street, Ocean City, NJ 08226

$999,900

Second-floor condominium with updated finishes, outdoor entertaining space, and proximity to the beach, boardwalk, and downtown amenities.

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Two-Unit Duplex with Screened Porch
Two-Unit Duplex with Screened Porch

Ocean City, NJ 08226

$1,400,000
0.16 AC lot

Two-level duplex with separate access to a self-contained second-floor unit and outdoor living areas.

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Furnished Short-Term Rental Condo
Furnished Short-Term Rental Condo

814 E 7th Street, Ocean City, NJ 08226

$949,900

Maintained first-floor condominium with an open layout, covered porch, private storage, and established summer rentals.

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Two-Unit Corner Duplex
Two-Unit Corner Duplex

718-20 Bay Ave, Ocean City, NJ 08226

$999,900

Updated duplex with two separate units, including 3-bedroom/1-bath and 2-bedroom/1-bath layouts, plus attached parking and garage.

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Three-Bedroom Short-Term Rental Home
Three-Bedroom Short-Term Rental Home

5724 Asbury Ave, Ocean City, NJ 08226

$995,000

The home has two bathrooms and sits two blocks from the Southend Ocean City beaches.

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Corner Duplex
Corner Duplex

728 Pennlyn Pl, Ocean City, NJ 08226

$1,400,000

Two-unit residential property with on-site parking in the Beach and Boardwalk Zone.

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Furnished Duplex with Decks
Furnished Duplex with Decks

1115-1117 West Ave, Ocean City, NJ 08226

$2,349,900

Two separately entered residences offer furnished interiors, private outdoor space, and proximity to Ocean City’s beach, boardwalk, and downtown.

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Ocean City, NJ Multifamily Properties Market Trends and Statistics

Explore 56 multifamily properties for sale in Ocean City, NJ, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 27,510 square feet of properties for sale, with an estimated market value of $109,750,797.

Sale prices for multifamily properties in Ocean City, NJ start at $949,900, averaging $3,429,712, and reaching up to $15,000,000 — 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

Short term rental properties 16
Duplexes 12
Triplexes 7
Apartment buildings 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 $2.3M

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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