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1061 WEST AVENUEOCEAN CITY, NJ 08226

Multi-Family · 3,956 Sq. ft.
$1,499,000 ACTIVE

1061 WEST AVENUE Overview

Time on Site:
101 days
Visits:
1

In the heart of Downtown Ocean City, this historic corner triplex captures the timeless coastal charm of the shore, featuring a rare side-by-side front building and a separate rear cottage—all situated on a 40x90 lot. The front building offers a spacious side-by-side layout, with each unit featuring 6 bedrooms and 1.5 bathrooms. Each first floor includes a living room, dining room, kitchen, half bathroom, and utility room. The second floor hosts three bedrooms and a full bathroom, while the third floor provides three additional bedrooms, offering ample space for large families or rental use. The rear cottage adds flexibility with 2 bedrooms, 1 full bathroom, and a walk-up attic, ideal for storage or future possibilities. Outside, the property features an outdoor shower, additional storage, and a two-car driveway—valuable amenities in this sought-after location. Whether you're seeking an investment opportunity or a piece of Ocean City history to make your own, this property offers a unique combination of character, scale, and location.

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1061 WEST AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,956
  • Price/Sq.ft. $379

Details

General

Income/Expenses

  • Existing Lease Type: None

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 3956
  • Year Built: 1902

Location/Region

  • Country: US
  • County: CAPE MAY
  • County Or Parish: CAPE MAY
  • MLS Area Major: Ocean City City (20508)

Parking Information

  • Total Parking Spaces: 2
  • Type of Parking: Off Street

Tax Information

  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $5,042.00
  • Tax Assessed Value: 434700.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Triplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: OCEAN CITY SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: CB-1

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 3956
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Basement: No
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Fireplace: No
  • Foundation Details: Block
  • Living Area: 3956
  • Living Area Source: Assessor
  • Units Furnished: All

Unit Information

  • One Bedroom Units Count: 12
  • Single Room Units Count: 14
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 2

Exterior

Lot Information

  • Lot Dimensions Source: Estimated
  • Lot Features: Corner
  • Lot Size Dimensions: 40' x 90'
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 3600.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Oriented: Yes
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Side-by-Side, Cottage
  • Construction Materials: Other

General Information

  • Number Of Units Total: 3
  • Number Of Units Vacant: 3
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 6

Unit 2 Details

  • Unit Type: Unit 1
  • Beds Total: 6

Unit 3 Details

  • Unit Type: Unit 1
  • Beds Total: 2

1061 WEST AVENUE Neighborhood

Community

08226 (OCEAN CITY) Demographics

57
Median Age
863
Population Density (per sq. mile)
60%
College Educated
$87,060
Estimated Median Income
3,696
Estimated Total Home Owners
1,507
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1061 WEST AVENUE Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1061 WEST AVENUE Market Data

Based on the last 30 days in this zip code

$1,796,546
Average List Price
$1,124
Average Price per Square Foot
7
Properties Sold
88
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

1061 WEST AVENUE History

Date Event Value Agent
5/15/2026Source: BRIGHT MLS Price Reduction
$1,499,000 -11.8%
3/20/2026Source: BRIGHT MLS Added to Database
March 20, 2026
Listing provided courtesy of Keller Williams Realty - Atlantic Shore- MLS# NJCM2006972MLS ProviderContact Information: [email protected] - 6094849890