806 Delancey Place Ocean City, NJ $ 1,400,000
806 Delancey Place
$ 1,400,000
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806 Delancey Place

Ocean City, NJ, 08226
$ 1,400,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 9,669

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Multi-Family Home for sale in Ocean City, NJ

for $1,400,000 with 5 bedrooms. This home was built in 1920 on a lot size of 0.03.

RARE INVESTMENT OPPORTUNITY PRIME NORTH END ISLAND LOCATION! Just steps from the beach and boardwalk, this exceptional Tri-Plex presents a rare opportunity in a highly desirable island location! Whether you're looking to maximize rental income by leasing all three units, enjoy your own coastal retreat while renting the other two units, or explore the potential for a complete teardown and new construction, this property offers incredible versatility for investors, builders, and buyers alike. The property features three separate units: the main-level unit offers two bedrooms and one full bath; the second-floor unit features two bedrooms and one full bath; and the third-floor studio includes a bedroom and full bath. Each unit boasts its own family room, full kitchen, and dining area. All three units are fully furnished and equipped and have enjoyed a strong rental history, having been fully rented over the past several years. Additional features include newer fiberglass decks for each unit, gas heat, central air conditioning, hardwood flooring, newer roof and siding, and a washer and dryer in each unit. All three units are separately metered for gas and electric, with water expenses split equally among the tenants. The possibilities are endless with this unique property in a PRIME LOCATION! Whether you envision an income-producing investment, a personal beach getaway, or a future redevelopment opportunity, this is an offering you won't want to miss. Showings are easy to schedule, with only the third-floor unit currently occupied. Opportunities like this are rareschedule your private tour today!

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 5,040

Style

Traditional

Lot Size

0.03

Year Built

1920

Town/City

Ocean City

County/Region

Cape May

MLS | Web ID

NJCM2008402

Features
General
Living Area 1565
Sewer Public Sewer
Heating Programmable Thermostat Radiator
Cooling Central A/C
Possession Negotiable Settlement
Architectural Style Traditional
Construction Materials Frame
School District OCEAN CITY SCHOOLS
Exclusions None
Year Built 1920
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality OCEAN CITY CITY
Accessibility None
County CAPE MAY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City OCEAN CITY
Disclosures Agent Related to Owner Flood Insurance Required Prop Disclosure
Number Of Units Total 1
MLS Area Ocean City City (20508)
Lot Size Units Square Feet
Lot Size Square Feet 1250.00
Number of Units Leased 3
Tax Annual Amount 5040.0
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 894.57
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Lease Type None
Standard Status Active
Year Built Source Assessor
Tax Lot 00003
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Inclusions All blinds and window treatments all appliances all furniture furnishings
Type of Parking Driveway On Street
Foundation Details Crawl Space
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 290300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 806
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* Excluded Features
List By
Bhhs Fox & Roach-Medford

Broker

carol.latti@foxroach.com

Email

Affordability Calculator

$10,089
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,669
Monthly Property Taxes
$420
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3536185 Elementary School
3534589 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2026$1,400,000 Listed Price

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806 Delancey Place, Ocean City, NJ, 08226 is a Multi-Family Home for sale at $1,400,000 with a lot size of 0.03. 806 Delancey Place has 5 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 08226 which is in Ocean City, NJ