844 2nd Street

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

844 2nd Street

Ocean City, NJ 08226-1237
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Ocean City
  • Property consists of two distinct residential rental units
  • Located at 844 2nd Street in the 08226 ZIP code
  • Asset provides potential for long-term residential rental income
  • Situated within the established Cape May County coastal market

What's Special

This multifamily asset at 844 2nd Street in Ocean City is currently for sale, presenting a practical addition for investors seeking residential holdings in this coastal market. The property consists of 2 units, making it an efficient acquisition for those looking to manage a smaller residential footprint within the regional housing landscape. Ocean City remains a prominent destination within the southern New Jersey shore area, characterized by its seasonal tourism and steady year-round residential base. A property of this scale is well-suited for a variety of investment strategies, whether pursuing a long-term rental model or exploring options for owner-occupied arrangements. Its location offers accessibility to the surrounding beach town infrastructure while maintaining a residential character. Investors will find that the two-unit configuration provides a straightforward management profile, fitting for both experienced portfolios and those beginning to acquire real estate in the Cape May County submarket.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times