$4,750 Closing Credit¹
#593365, Listing Office: PLATINUM REAL ESTATE
$450,000 List price
18 Cooper Dr Somers Point, NJ 08244
$5,344
Closing credit¹
Multi-Family
Property details
About 18 Cooper Dr
This spacious side-by-side duplex at 18 Cooper Drive presents an excellent investment opportunity or a chance for an owner-occupant to offset their mortgage by renting one side. The property features two well-maintained units, each offering 2 bedrooms and 1 bathroom, perfect for both investors and buyers seeking rental income potential. Unit 1 (Rented): Tenant has been in place for 10+ years, with a lease set to expire on March 30th, 2025. After this, the tenant will be on a month-to-month basis. Currently rented for $1,650/month, with the tenant willing to sign a new lease if desired. Tenant pays electric, gas, and water utilities. Unit 2 (Vacant): Recently remodeled with a new kitchen, updated countertops, freshly painted interior, and new flooring. Market rent for this unit is approximately $2,000/month. Tenant pays electric, gas, and water utilities. Additional Features: New Roof installed in Summer 2023. Annual Operating Costs: Sewer: $770 per year (paid by the owner). Insurance & Taxes: Paid by the owner. Separate Utilities: Each unit has its own electric, gas, and water meters. Investment Potential: Total Possible Annual Income: $43,800. Unit 1: $1,650/month Unit 2: approx. $2,000/month. Licensed Agent is related to Seller. This property is part of an Estate and is being sold in "as is" condition. No Repairs will be made by seller.
Highlights
Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
CoolingWall Unit(s)
Year built1970
ParkingParking Pad, Two Car
MLS #593041
Summary
- MLS Number: 593041
- Office Name: eXp Realty - Montclair
- Office Phone: (866) 201-6210
- Office Email: NJ.Broker@eXpRealty.net
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2025 SJSR MLS. All rights reserved.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
18 Cooper Dr
$5,344
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 01, 2022 | Home Sold | $350,000 |
| Feb 05, 2020 | Home Sold | $180,000 |
| Jun 02, 1988 | Home Sold | $119,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $210,400 | $7,300 |
| 2022 | $210,400 | $6,924 |
| 2021 | $210,400 | $6,783 |
| 2020 | $210,400 | $6,783 |
| 2019 | $210,400 | $6,591 |
History based on county public records data.
Nearby schools
2
Dawes Avenue Elementary School
Public District KG-3
0.8 mi
•22 W Dawes Ave
6
Seaview Elementary School
Public District PK-4
1.2 mi
•2013 Wabash Ave
3
E. H. Slaybaugh Elementary School
Public District PK-3
3.2 mi
•11 Swift Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,940. The majority of Somers Point, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
35%
<35k
44%
35k-100k
18%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
21%
Single, with Kids
15%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Extreme Sports
Hiking/backpacking
Where do the neighbors shop?
Burlington
Sam's Club
Nordstrom Rack
Where do the neighbors go to eat?
Popeyes
White Castle
Chipotle
What do the neighbors drive?
Dodge
Oldsmobile
Mazda
What do the neighbors listen to?
Urban Contemporary
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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$6,234 Closing Credit¹
#590860, Listing Office: BHHS FOX and ROACH-Simpson OC
This home is located at 18 Cooper Dr in Somers Point, NJ and zip code 08244. Features: 0 bathroom. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $450,000.
In February 2025 more than 5 listings in Somers Point, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. The number of listings in Somers Point, NJ increased by 23.3% between January and February 2025. Listings spent 20 days on the market in February 2025, and had a median list price of $413,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.