1140-42 Simpson Avenue

Ocean City, NJ 08226

$2,099,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by RONALD GIFFORD, JR. • Compass New Jersey-Ocean City

Property Details for 1140-42 Simpson Avenue

City/Community
Ocean City
Class
MULTI-FAMILY
Parking - Exterior
Parking Pad, Three or More Cars
Waterfront (Y/N)
No

Location

Listing Courtesy of Compass New Jersey-Ocean City
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LISTING UPDATED: 04/01/2024 12:36 PM

Property Details for 1140-42 Simpson Avenue

StatusActive
MLS #583605
Days on Market34
Taxes$5,988 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built-
Lot Size40.00 AC / 1,742,400 SF
CountyCape May County

Location

Listing Courtesy of Compass New Jersey-Ocean City
Add your commute

Building Information for 1140-42 Simpson Avenue

Stories-Residences4Year Built-Building Size-Lot Size40.00 AC / 1,742,400 SF

Payment Calculator

$11,959 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,460

Property Taxes

$499

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1140-42 Simpson Avenue

Summary
Location and General Information
  • Address: 1140-42 Simpson Ave
  • Address Number: 1140-42
  • Address Search Number: 1140
  • Address Street: Simpson Ave
  • Area: Ocean City/Central
  • County: Cape May
  • Directions: 9th Street right on Simpson Ave to 1140 Simpson Ave
  • Fips Code: 34009
  • Location: Corner
  • State: NJ
  • Zip: 08226
Owner
  • Owner: NJ Licensed Realtor
Parking
  • Garage: Attached Garage, One and Half Car, One Car
Taxes and HOA Information
  • LVT Date: 03-28-2024
  • Tax Year: 2023
  • Taxes: 5988
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 1108
  • Lot #: 33
  • Lot Dimensions: 40 X 90
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • New Construction: No
  • Total Assessment: 559100
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Curbs, Deck, Sidewalks
  • Siding/Exterior: Masonry/Block, Vinyl
Interior Features
  • Air Conditioning: Ceiling Fan(s), Central
  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Slab
  • Heating: Electric, Forced Air, Gas-Natural
  • Other Rooms: Dining Area, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 1
  • # of 2 Bedroom Units: 1
  • # of 3 Bedroom Units: 1
  • Annual Taxes: 5753
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Owner Occupied (Y/N): No
  • Rent Control (Y/N): No

Property History for 1140-42 Simpson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1140-42 Simpson Avenue

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
Private - K to 8
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

St. Augustine Regional School
PrivateK 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.

Similar Homes

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1140-42 Simpson Avenue is a multi-family home for sale in Ocean City, NJ 08226. This property was listed for sale on March 28, 2024 by Compass New Jersey-Ocean City, it's currently listed at $2,099,900. This listing's school district is Ocean City School District. Nearby schools include Ocean City Primary School, Ocean City Intermediate School and Ocean City High School. 1140-42 Simpson Avenue 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass New Jersey-Ocean City

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.