#NJAC2018910, Laura A Idell, Listing office: BHHS Fox & Roach 9th Street-Ocean City
27 E Pierson Ave Somers Point, NJ 08244
Property details
About 27 E Pierson Ave
Investor’s Dream or Live-In Opportunity – Duplex at 27 E Pierson Ave! Welcome to this well-maintained duplex located in a desirable neighborhood, offering both solid rental income and future potential. This property features two spacious units: Unit 1: 1 Bedroom, 1 Bathroom. Unit 2: 3 Bedrooms, 1 Bathroom Currently generating $4,000 /month in rental income, this property is a great opportunity for investors looking for strong cash flow, or for an owner-occupant seeking to live in one unit while renting the other. Additional highlights include: Ample off-street parking for tenants and guests Well-kept interiors with reliable tenants in place Excellent upside potential with a simple reconfiguration of the 2-bedroom unit Don’t miss out on this versatile investment in a prime location! Brand new roof!! 7.25% CAP Rate
Highlights
Summary
- Basement: No
- Attached Garage: No
- Parking: Three or More Cars
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $429,000
- Annual Tax Amount: $5,697
- Tax Year: 2024
- Directions: North on Shore Road, East on Pierson Avenue
- MLS Number: 596234
- Office Name: eXp Realty - Montclair
- Office Phone: (866) 201-6210
- Office Email: NJ.Broker@eXpRealty.net
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Last updated on: 6/8/2025, 12:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$429,000
27 E Pierson Ave
$5,094
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 10, 2020 | Home Sold | $157,000 |
Oct 17, 2013 | Home Sold | $155,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $164,200 | $5,697 |
2022 | $164,200 | $5,403 |
2021 | $164,200 | $5,293 |
2020 | $164,200 | $5,293 |
2019 | $164,200 | $5,144 |
History based on county public records data.
Nearby schools
2
Dawes Avenue Elementary School
Public District KG-3
0.2 mi
•22 W Dawes Ave
6
Seaview Elementary School
Public District PK-4
0.9 mi
•2013 Wabash Ave
5
Ocean City Primary School
Public District PK-3
2.8 mi
•550 West 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 $42,817. Residents of Somers Point, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 27 E Pierson Ave
The listing price of 27 E Pierson Ave property is $429,000.
The property 27 E Pierson Ave is a multi located in Somers Point, New Jersey, 08244.
Active Listing: 27 E Pierson Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 27 E Pierson Ave are: Dawes Avenue Elementary School (GreatSchools Rating 2/10), Seaview Elementary School (GreatSchools Rating 6/10), Ocean City Primary School (GreatSchools Rating 5/10), Jordan Road Middle School (GreatSchools Rating 4/10), Belhaven Middle School (GreatSchools Rating 7/10), Northfield Community Middle School (GreatSchools Rating 5/10), Chartertech High School for the Performing Arts (GreatSchools Rating 2/10), Mainland Regional High School (GreatSchools Rating 5/10), Ocean City High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $5,697 (source: MLS/based on county public records data).
The last sale was on December 10, 2020 for $157,000 (source: MLS/tax record).
This home is located at 27 E Pierson Ave in Somers Point, NJ and zip code 08244. Features: 0 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $429,000.
In May 2025, from all listings sold in Somers Point, NJ there were more than 2 sold above asking price, over 8 sold below and more than 4 were sold right at the asked price. The number of listings in Somers Point, NJ increased by 18.3% between April and May 2025. While the average time on the market in May 2025 was 23 days, the median list price was $410,000.