438 Shore Rd

Somers Point, NJ 08244

$599,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

A well-positioned income-producing triplex on one of Somers Point's most traveled corridors, offering immediate cash flow with meaningful upside. This three-unit property sits on Shore Road just minutes from Ocean City, the bay, and Shore Medical Center — a location that keeps units occupied year-round. The building comprises two one-bedroom units and a studio, generating current rents of $1,333, $1,800, and $1,300 per month for a combined gross income of $4,433/month. The third unit — a one-bedroom...A well-positioned income-producing triplex on one of Somers Point's most traveled corridors, offering immediate cash flow with meaningful upside. This three-unit property sits on Shore Road just minutes from Ocean City, the bay, and Shore Medical Center — a location that keeps units occupied year-round. The building comprises two one-bedroom units and a studio, generating current rents of $1,333, $1,800, and $1,300 per month for a combined gross income of $4,433/month. The third unit — a one-bedroom currently rented at $1,300 — is being offered with a projected post-renovation rent of $1,700/month, representing a straightforward value-add play with a clear path to $4,833/month in stabilized gross income. Built circa 1900 and encompassing approximately 1,795 square feet on a 0.17-acre lot, this property suits an owner-occupant looking to offset carrying costs or an investor seeking a low-maintenance addition to a South Jersey coastal portfolio. The Shore Road location delivers consistent rental demand driven by proximity to the Ocean City bridge, hospital employment, and the broader Atlantic County job market. Whether you're acquiring at current rents or executing the light renovation to push Unit 3 to market rate, the numbers work from day one.
  1. Listed by Mark Benevento, II • Compass New Jersey-Ocean City (O463E)

Property Details for 438 Shore Road

City/Community
Somers Point
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No
LISTING UPDATED: 06/17/2026 06:19 PM

Property Details for 438 Shore Road

StatusActive
MLS #609003
Days on Market4
Taxes$7,806 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMULTI-FAMILY / Triplex
Year Built-
Lot Size0.17 AC / 7,500 SF
CountyAtlantic County
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Location

Listing Courtesy of Compass New Jersey-Ocean City (O463E)
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Building Information for 438 Shore Road

Stories-Residences3Year Built-Building Size-Lot Size0.17 AC / 7,500 SF

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$3,635 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,985

Property Taxes

$651

HOA Dues

$0

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Property Information for 438 Shore Road

Summary
Location and General Information
  • Address: 438 Shore Road
  • Address Number: 438
  • Address Search Number: 438
  • Address Street: Shore
  • Area: Somers Point City
  • County: Atlantic
  • Directions: North on Shore road from 9th street bridge
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Road
  • Zip: 08244
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 06-17-2026
  • Tax Year: 2025
  • Taxes: 7806
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 911
  • Lot #: 20
  • Lot Dimensions: 50x150
Property and Assessments
  • Associated Document Count: 0
  • New Construction: No
  • Total Assessment: 218300
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Heating: Forced Air
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 3
  • Annual Taxes: 7806
  • Limited Service (Y/N): No
  • Number Of Units: 3

Property History for 438 Shore Road

DateEvent & SourcePriceAppreciation
Jun 17, 2026

Listed (Active)

SJSRMLS #609003

$599,000—
Jun 21, 2021

Closed (Public Record)

Public Record #1471835371

$233,000

+2.2% / yr

Oct 24, 2014

Closed (Public Record)

Public Record #482931499

$202,000—
DateEvent & SourcePrice
06/17/2026

Listed (Active)

SJSRMLS #609003

$599,000
06/21/2021

Closed (Public Record)

Public Record #1471835371

$233,000

+2.2% / yr

10/24/2014

Closed (Public Record)

Public Record #482931499

$202,000

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

Public Records for 438 Shore Road

Taxable ValueLand$60,900Additions$157,400Total$218,300
Tax Record2024$7,806 ($651 / month)
Home Facts
Beds0Total Finished SqFt1,795 SqFtAbove Grade Finished SqFt1,795 SqFtStories2Lot Size7,501 SqFtStyleSingle Family ResidenceYear Built1900ZoningR-1CountyATLANTICAPN21 00911-0000-00020

Schools near 438 Shore Road

This home is within Mainland Regional High School District.
Rating
School
Type
Grades
Distance
Dawes Ave Elementary School
Public - PK to 3
Jordan Rd Elementary School
Public - 4 to 8
Mainland Regional High School
Public - 9 to 12
St. Joseph Regional School
Private - PK to 8
Rating
School
Distance
Dawes Ave Elementary School
PublicPK to 3

Jordan Rd Elementary School
Public4 to 8

Mainland Regional High School
Public9 to 12

St. Joseph Regional School
PrivatePK to 8

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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More information about 438 Shore Road, Somers Point, NJ 08244

438 Shore Road is a multi-family home for sale in Somers Point, NJ 08244. This property was listed for sale on June 17, 2026 by Compass New Jersey-Ocean City (O463E), it's currently listed at $599,000. It has been on the market for a total of 4 days and was last sold on June 21, 2021. This listing's school districts are Somers Point School District, Mainland Regional High School District. Nearby schools include Dawes Ave Elementary School, Jordan Rd Elementary School and Mainland Regional High School. 438 Shore Road is a 0-bed, 0-bath, multi-family home.

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 Compass New Jersey-Ocean City (O463E)

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.