Property profile

616 Ocean Hts Ave Linwood, NJ 08221

OFF-MARKET
Office buildings
Property ID
US59-1120516
1,584 SF 0.53 ac lot Built 1900
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

A mixed-use property located on the border of Somers Point and Linwood. The site is zoned for both commercial and residential use and includes 12+ parking spaces, with one side configured for parking and the other side featuring a landscaped grassy area with mature plantings. The building is arranged primarily like a single-family residence while retaining suitability for business or office use: the first floor has a large front room with French doors, oak inlay hardwood flooring, a half bath, and a full kitchen with appliances, as well as a washer and dryer. The upper level includes three spacious bedrooms, a full bath, and a finished walk-up attic, and the property also has a full unfinished basement. A large detached finished garage on the premises is equipped with heat and plumbing, providing additional flexible space for storage, a workshop, or business use. Documented improvements include a replaced roof with new decking, a GAF roofing system with TPO covering all flat roof areas, updated electrical and plumbing systems, a new kitchen, refinished hardwood floors, new carpeting on the upper level, fresh interior paint, natural gas heat, a new hot water heater, new gutters, and newly constructed front and side porches with updated railings.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 1,584 SF
Lot 0.53 ac (23,063 SF)
Zoning code R10
APN 14 00001-0000-00003
UPID US59-1120516

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist
  • Law Firm
  • Law Firm
  • General Contractor Renovation Specialist
  • Painting Service General Contractor

Location

616 Ocean Hts Ave Linwood, NJ 08221-1016
Linwood metro Census 12502 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2025
Last sale
$300,000
6 recorded transactions
2025
$300,000
2025
Price N/A
2022
$240,000
2013
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R10 · Linwood, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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