55 Highway 50

Ocean View, NJ 08230

$298,900
Price
Beds
1,978 Sq. Ft.
$151 / Sq. Ft.
1,978
Sq. Ft.
$151
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...

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

Property Details for 55 Highway 50

StatusActive
MLS #548247
Days on Market91
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

Contact a Compass agent

Location

Listing Courtesy of CENTURY 21 FRICK REALTORS

Building Information for 55 Highway 50

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

Payment Calculator

$1,285 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,002

Property Taxes

$283

HOA Dues

$0

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
May 11, 2021

Listed (Active)

BRIGHT #NJCM104992

$298,900
Mar 12, 2021

Listed (Active)

SJSRMLS #548247

$349,000
Mar 12, 2021

Listed (Active)

SJSRMLS #548247

$299,000
DateEvent & SourcePrice
05/11/2021

Listed (Active)

BRIGHT #NJCM104992

$298,900
03/12/2021

Listed (Active)

SJSRMLS #548247

$349,000
03/12/2021

Listed (Active)

SJSRMLS #548247

$299,000

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 Record2020$3,401 ($283 / month)
Home Facts
Beds0Total Finished SqFt2,242 SqFtAbove Grade Finished SqFt2,242 SqFtStories2Lot Size22,198 SqFtStyleSingle Family ResidenceYear Built1947ZoningTCCountyCAPE MAYAPN1100561000000027

Schools near 55 Highway 50


SchoolTypeGradesDistanceRating
Upper Twp Middle SchoolPublic6-83.4 mi
7
Upper Township Elementary SchoolPublic3-54.9 mi
7
Upper Tw Primary SchoolPublicPK-24.9 mi
NR

Upper Twp Middle School

6-8, 3.4 mi, Public

7

Upper Township Elementary School

3-5, 4.9 mi, Public

7

Upper Tw Primary School

PK-2, 4.9 mi, Public

NR

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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55 Highway 50 is a multi-family home for sale in Ocean View, NJ 08230. This property was listed for sale on March 12, 2021 by CENTURY 21 FRICK REALTORS at $298,900. It has been on the market for a total of 92 days and was last sold on December 23, 2015. This listing's school district is Upper Township School District. Nearby schools include Upper Twp Middle School, Upper Township Elementary School and Upper Tw Primary School. 55 Highway 50 is a 0-bed, 0-bath, 1,978 sqft 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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 FRICK REALTORS

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