NJ > Somers Point
Somers Point, NJ 08244,25 W Pierson Ave
Somers Point, NJ 08244,25 W Pierson Ave
Somers Point, NJ 08244,25 W Pierson Ave
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$649,000
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3 Beds
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25 W Pierson Ave Somers Point, NJ 08244

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 602986

Bedrooms 3

Annual Tax Amount $7,474

Tax Year 2024

Property Sub-Type Triplex

Property Description

Welcome to 25 W Pierson — a high-performing triplex on a quiet, desirable block just steps from the local school. This property features three well-laid-out units: a spacious 3BD/2BA, a 1BD/1BA, and a detached 2BD/1BA cottage, offering strong rental diversity and consistent demand. Currently generating over $60,000 in annual income, this asset presents a clear value-add opportunity with projected rents reaching nearly $70,000 annually through light updates and repositioning. Units are easy to lease due to the prime location, walkability, and stable tenant base in the area. Whether you're expanding your portfolio or seeking a reliable, cash-flowing investment with upside, 25 W Pierson checks all the boxes: income, location, and long-term growth potential.

Location

State NJ

County Atlantic

Community Somers Point

Area Somers Point City

Rooms

Basement 6 Ft. or More Head Room

Interior

Heating Baseboard

Exterior

Exterior Feature Cedar

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by Compass New Jersey-Ocean City (O463E)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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25 W Pierson Ave

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