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1140-42 Simpson Ave, Ocean City, NJ, 08226

$2,099,900

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1140-42 Simpson Ave, Ocean City$2,099,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingParking Pad, Three or More Cars
Attached GarageYes
HeatingElectric, Forced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #583605
StatusActive

About 1140-42 Simpson Ave

Newly renovated multi family consisting of a Northside and southside duplex connected by a breezeway. There are a total of 3 residential units and 1 commercial unit with 2 separate garages. The northside duplex consists of a 2 bedroom 1 bath on the 2nd floor with all new heat pump and central air, kitchen w/marble counters, stainless steel appliances, vinyl flooring throughout and bathroom w/walk in tiled shower, double sinks. Blinds and TVs are included. 1st Floor consists of a 1 Bedroom 1 Bathroom with epoxy floors, stainless steel appliances, and Mini split with heat and air. Ground floor also includes One car garage and off street parking for 3+ cars. The southside duplex consists of a 3 bedroom 2 bath on the 2nd floor with all new gas heat and central air, kitchen w/marble counters, stainless steel appliances, vinyl flooring throughout and 2 bathrooms w/tiled showers & vanities. Blinds and TVs are included. 1st Floor consists of an office with stone accent wall, epoxy floors, kitchenette, full bathroom and access to the 1 1/2 car garage... Perfect for a contractor but the opportunities are limitless. The Building has new roof, windows, and vinyl siding and includes TVs and blinds.

Property Details

Property Features

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Curbs, Deck, Sidewalks

Parking Information:

  • Attached Garage: Yes
  • Parking: Parking Pad, Three or More Cars

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Ocean City High School, Public District Grades 9-12
  • Ocean City Intermediate School, Public District Grades 4-8

Other

Directions Information:

  • Directions: 9th Street right on Simpson Ave to 1140 Simpson Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,099,900
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

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Ocean City, NJ

City

Med. Sold Price

$979K

Med. Price/SqFt

$688

Avg. Days On Market

66

# of Sold Homes

49

1140-42 Simpson Ave vs Ocean City

37 DAYS ON ROCKET

-29 Days

$2,099,900

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #583605

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

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The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 3:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6317465
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 3.98 miles

  • Public District Grades 4-8

High School

school-card-donut-6317466
7
/10

  • Ocean City High School

  • 501 Atlantic Ave

  • 5.37 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,000. The majority of Ocean City, NJ residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›1140-42 Simpson Ave

This home is located at 1140-42 Simpson Ave in Ocean City, NJ and zip code 08226. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $2,099,900.

Over 5 listings were sold over their listed price in April 2024 in Ocean City, NJ. In the same period over 28 listings were sold below the listed price and 6 listings were sold for the listed price. In April 2024 in Ocean City, NJ there were 4.3% more homes for sale than in March 2024. While the average time on the market in April 2024 was 66 days, the median list price was $979,000.

From Rocket Homes Real Estate and based on county public records data.

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