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Multi-Family

27 Pierson Ave, Somers Point

$429,000

Property Details Property Details
Investors Dream or Live-In Opportunity Duplex at 27 E Pierson Ave! Welcome to this well-maintained duplex located in a desirable neighborhood, offering both solid rental income and future potential. This property features two spacious units: Unit 1: 1 Bedroom, 1 Bathroom. Unit 2: 3 Bedrooms, 1 Bathroom Currently generating $4,000 /month in rental income, this property is a great opportunity for investors looking for strong cash flow, or for an owner-occupant seeking to live in one unit while renting the other. Additional highlights include: Ample off-street parking for tenants and guests Well-kept interiors with reliable tenants in place Excellent upside potential with a simple reconfiguration of the 2-bedroom unit Dont miss out on this versatile investment in a prime location! Brand new roof!! 7.25% CAP Rate

This listing is provided courtesy of eXp Realty - Montclair


Bedroom bedrooms

  • MLS #: 596234
  • Status: Active
  • Address: 27 Pierson Ave, Somers Point, NJ 8244
  • Date Listed: 5/13/2025
  • Days on Market: 17

Location Location

Interior Features Interior Features
  • Cool System: Window Units
  • Heat System: Baseboard

Exterior Features Exterior Features
  • Parking: Three or More Cars
  • Exterior: Vinyl
  • New Construction: No

Additional Features Additional Features
  • County: Atlantic
  • Property Type: Duplex
  • Waterfront Features: No
  • Water/Sewer: Public
  • Lot Number: 6.01
  • Block Number: 511
  • For Sale / Lease: For Sale
  • Taxes: 5872
  • 3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.