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    Ocean City, NJ Triplexes 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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    This listing looks promising.

    Here's a quick look at some key insights for

    1061 WEST Avenue, OCEAN CITY, NJ 08226

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $59K
      Annual

    • Price @ 7% Cap

      $837K
      Suggested

    • Property Type

      Single Family Residence
      Built 1902
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    Beach-Block Multifamily Compound
    Updated: Jul 13
    Beach-Block Multifamily Compound

    814 E 7th Street, Ocean City, NJ 08226

    $2,649,900
    Multi‑unit Ocean City North End compound with 3 total units: 2 front units (3 bed/2 bath each) and 1 rear unit (1 bed/1 bath)
    Ocean view plus outdoor shower and porch
    8 homes from the beach and boardwalk, with nearby shops, restaurants, and attractions along Asbury Avenue
    Off‑street parking, secure storage, and an outdoor hangout/grilling area
    Fully furnished per listing remarks
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    Multifamily Property with Bay Views
    Multifamily Property with Bay Views

    12 Walton Pl, Ocean City, NJ 08226

    $699,000

    Current structure offers bay views from the rear deck, with sale presented for land value only.

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    Historic Corner Triplex with Cottage
    Historic Corner Triplex with Cottage

    1061 West Avenue, Ocean City, NJ 08226

    $1,699,000
    3,956 sqft 0.08 AC lot

    Corner triplex with side-by-side front units and a separate rear cottage, plus outdoor shower and two-car driveway.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Historic Ocean City Corner Triplex
    Historic Ocean City Corner Triplex

    1061 West Ave, Ocean City, NJ 08226

    $1,499,000

    Coastal charm triplex in the heart of Downtown Ocean City.

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    Historic Triplex in Ocean City
    Historic Triplex in Ocean City

    1061 West Avenue, Ocean City, NJ 08226

    $1,499,000

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

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    Triplex For Land Value
    Triplex For Land Value

    12 Walton Pl, 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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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Ocean City, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Renovated Legal Triplex
    Fully Renovated Legal Triplex

    42 S Delancy Place, Atlantic City, NJ 08401

    $890,000
    2,551 sqft

    Fully renovated legal triplex with three residential units, private driveway parking, and electric service for the top-floor unit.

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    Renovated Multifamily Income Property
    Renovated Multifamily Income Property

    322 Northfield Ave, Northfield, NJ 08225

    $789,000

    Two fully renovated buildings offer multiple residential units with upgraded utilities and dedicated on-site parking.

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    Legal Triplex with Multiple Bedrooms
    Legal Triplex with Multiple Bedrooms

    Atlantic City, NJ 08401

    $1,175,000

    Legal triplex offers three separate units with updated kitchens and baths, plus multiple outdoor spaces.

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    Renovated Multi-Family Income Property
    Renovated Multi-Family Income Property

    322 Northfield Ave, Northfield, NJ 08225

    $789,000

    Two fully renovated buildings offer three total residential units with separate HVAC systems and dedicated off-street parking.

    View details

    Ocean City, NJ Triplexes Market Trends and Statistics

    Explore 7 triplexes for sale in Ocean City, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 7,912 square feet of properties for sale, with an estimated market value of $10,243,900.

    Sale prices for three-family homes in Ocean City, NJ start at $699,000, averaging $1,463,414, and reaching up to $2,649,900 — 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 25
    Triplexes 7
    Short term rental properties 6
    Apartment buildings 3

    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 $1.5M

    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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    Most Searched ZIP Codes in Ocean City, NJ

    • 08226

    Featured Ocean City Real Estate Agencies

    Realmo connects you with licensed Ocean City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Jersey Shore
    903 Bay Avenue Ocean City, NJ 08226
    Phone: 16093995454
    www.KWShore.com

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