55 Highway 50

Ocean View, NJ 08230

$225,000
Last Sold Price
Beds
1,978 Sq. Ft.
$114 / Sq. Ft.
1,978
Sq. Ft.
$114
per Sq. Ft.

Description

Duplex in Ocean View, Upper Township. Enjoy the lower-than-usual property taxes Upper Township has to offer as well as location near Ocean City. And residents attend Ocean City High School. Own this multi-family piece of real estate and start collecting the built-in income by continuing to rent both units! Or live in one, rent the other. Or share ownership with family/friends! Property does need a little TLC, but so much to offer. Both units are occupied with Tenants who may wish to stay or can vacate...Duplex in Ocean View, Upper Township. Enjoy the lower-than-usual property taxes Upper Township has to offer as well as location near Ocean City. And residents attend Ocean City High School. Own this multi-family piece of real estate and start collecting the built-in income by continuing to rent both units! Or live in one, rent the other. Or share ownership with family/friends! Property does need a little TLC, but so much to offer. Both units are occupied with Tenants who may wish to stay or can vacate for owner-occupants with 60-day notices. FIRST FLOOR UNIT: back of home entry through private covered patio area, 2 bedrooms, 1 bathroom, large eat-in kitchen, living room, laundry room, personal fenced backyard space. SECOND FLOOR UNIT: front-of-home entry, 3 bedrooms. 2 bathrooms, living room, large eat-in kitchen, balcony deck, private locked laundry room on first floor with exterior entry, personal fenced backyard space.
  1. Listed by KAREN SALVO, SFR • CENTURY 21 FRICK REALTORS

Property Details for 55 Highway 50

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

Location

Listing Courtesy of CENTURY 21 FRICK REALTORS

Sold By NON-MEMBER OFFICE

Add your commute
LISTING UPDATED: 11/19/2021 12:04 PM

Property Details for 55 Highway 50

StatusSold
MLS #548247
Days on Market153
Taxes$3,401 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built-
Lot Size0.50 AC / 21,780 SF
CountyCape May County

Location

Listing Courtesy of CENTURY 21 FRICK REALTORS

Sold By NON-MEMBER OFFICE

Add your commute

Building Information for 55 Highway 50

Stories-Residences2Year Built-Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$1,511 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,228

Property Taxes

$283

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 Highway 50

Summary
Location and General Information
  • Address: 55 Route 50
  • Address 2: Duplex
  • Address Number: 55
  • Address Search Number: 55
  • Address Street: Route 50
  • Area: Upper Twp
  • County: Cape May
  • Directions: Route 50 in Ocean View. Approx. 1 mile from Route 9/Shore Road.
  • Fips Code: 34009
  • State: NJ
  • Zip: 08230
Owner
  • Owner: per record
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 03-13-2021
  • Tax Year: 2020
  • Taxes: 3401
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 1978
  • Block #: 561
  • Lot #: 27
  • Lot Dimensions: 0.5 Acre
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • Estate Y/N: No
  • Improved Value: $77,100
  • Land Value: $96,600
  • New Construction: No
  • Property Id: 11-00561-0000-00027
  • Total Assessment: 173700
  • Water: Private, Well
Utilities
  • Sewer: Private
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Asbestos, Vinyl
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Heating: Electric
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 1
  • # of 3 Bedroom Units: 1
  • Annual Taxes: 3401
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Owner Occupied (Y/N): No
  • Rent Control (Y/N): No
  • Rental Information: 100 Percent Occupancy
  • Separate Meters: Electric
  • Total Income: 2300
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Level: Lower
  • Unit 1 Rent: 1200
Unit 2
  • Unit 2 Baths: 2
  • Unit 2 Bedrooms: 3
  • Unit 2 Level: Upper
  • Unit 2 Rent: 1100

Property History for 55 Highway 50

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 55 Highway 50

Taxable ValueLand$96,600Additions$77,100Total$173,700
Tax Record2021$3,535 ($295 / month)
Home Facts
Beds0Total Finished SqFt2,242 SqFtAbove Grade Finished SqFt2,242 SqFtStories2Lot Size22,198 SqFtStyleSingle Family ResidenceYear Built1947ZoningTCCountyCAPE MAYAPN11 00561-0000-00027

Schools near 55 Highway 50

This home is within Upper Township School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - PK to 2
Rating
School
Distance
Upper Township Elementary School
Public3 to 5

Upper Twp Middle School
Public6 to 8

Upper Tw Primary School
PublicPK to 2

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.

Neighborhood Map and Transit

Similar Homes

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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 CENTURY 21 FRICK REALTORS

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.