Last Sold Price
109-111 W Inlet Rd, Ocean City, NJ 08226

Description

Welcome to your chance to own a truly unique property in the highly sought-after Gardens section of Ocean City! This stunning rare duplex is an absolute gem and is sure to tick all the boxes on your wish list. The first floor boasts a spacious open-concept living area, complete with hardwood floors and plenty of natural light. With 2 cozy bedrooms, 1 full bathroom, and a convenient half bathroom, this unit is perfect for families or individuals looking for comfort and convenience. The second floor...Welcome to your chance to own a truly unique property in the highly sought-after Gardens section of Ocean City! This stunning rare duplex is an absolute gem and is sure to tick all the boxes on your wish list. The first floor boasts a spacious open-concept living area, complete with hardwood floors and plenty of natural light. With 2 cozy bedrooms, 1 full bathroom, and a convenient half bathroom, this unit is perfect for families or individuals looking for comfort and convenience. The second floor is simply breathtaking, with 3 inviting bedrooms and 2 full bathrooms, including a luxurious master suite. The upgraded kitchen is a chef's dream, featuring high-end stainless steel appliances and gorgeous granite countertops. The unit also boasts gleaming hardwood floors and a large wrap-around porch, perfect for soaking up the sun and enjoying the great outdoors. With a two-car garage, two driveway parking spots, and ample outside space, this property has everything you need and more. And let's not forget about the outdoor shower, perfect for rinsing off after a long day at the beach! This duplex is the perfect investment opportunity, whether you choose to rent out one unit and use the other for yourself, or use both units for family and friends. And with the second floor already rented seasonally, you can enjoy an impressive rental income of $39,732, while the first floor brings in a solid $2,100 per month on an annual basis, totaling $25,200 per year. Don't miss your chance to own this amazing property in the stunning Gardens section of Ocean City. Schedule a viewing today and start living your best life!
LISTING CLOSED: 07/07/2023 03:00 AM

  1. Listed by JEFFREY QUINTIN • Keller Williams Realty Jersey Shore-Ocean City

Property Details for 109-111 West Inlet Road

Status
MLS #
568752
Days on Market
157
Taxes
$3,302 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
MULTI-FAMILY / Duplex
Year Built
1962
Lot Size
0.11 AC / 4,879 SF
City/Community
Ocean City
Class
MULTI-FAMILY
Parking - Exterior
Two Car
Waterfront (Y/N)
No

Location

Listing Courtesy of Keller Williams Realty Jersey Shore-Ocean City

Sold By GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

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Building Information for 109-111 West Inlet Road

Stories-Residences2Year Built1962Building Size-Lot Size0.11 AC / 4,879 SF

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Property Information for 109-111 West Inlet Road

Summary
Location and General Information
  • Address: 109-111 W Inlet Road
  • Address 2: 1
  • Address Direction: W
  • Address Number: 109-111
  • Address Search Number: 109
  • Address Street: Inlet
  • Area: Ocean City/Gardens
  • County: Cape May
  • Directions: Battersea towards the bay, right on W Inlet.
  • Fips Code: 34009
  • State: NJ
  • Street Designation: Road
  • Zip: 08226
Owner
  • Owner: Lawrence Carnuccio
Parking
  • Garage: Two Car
Taxes and HOA Information
  • LVT Date: 11-07-2022
  • Tax Year: 2022
  • Taxes: 3302
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 70.18
  • Lot #: 3
  • Lot Dimensions: 41 x 119
Property and Assessments
  • Associated Document Count: 0
  • Improved Value: $113,500
  • Land Value: $207,400
  • Property Id: 08-00070-18-00003-0000-C1
  • Total Assessment: 320900
  • Water: Public
  • Year Built: 1962
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Outside Features: Deck, Outside Shower, Patio
Interior Features
  • Air Conditioning: Central
  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Heating: Forced Air, Gas-Natural
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 1
  • # of 3 Bedroom Units: 1
  • Annual Taxes: 3302
  • Limited Service (Y/N): No
  • Number Of Units: 2
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Half Baths: 1
  • Unit 1 Level: Lower
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 3
  • Unit 2 Level: Upper

Property History for 109-111 West Inlet Road

DateEvent & SourcePriceAppreciation
Jul 7, 2023

Closed

SJSRMLS #568752

$1,436,000
Apr 13, 2023

Pending

SJSRMLS #568752

Nov 7, 2022

Price Change

SJSRMLS #568752

$1,499,900
DateEvent & SourcePrice
07/07/2023

Closed

SJSRMLS #568752

$1,436,000
04/13/2023

Pending

SJSRMLS #568752

11/07/2022

Price Change

SJSRMLS #568752

$1,499,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 109-111 West Inlet Road

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 109-111 West Inlet Road, Ocean City, NJ 08226
$1,436,000
4,879
$650,000
2
$330,000
1,184
4,879
$350,000
1,344
4,879
Studio
1,344
$786,000
3

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Jersey Shore-Ocean City

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.