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1,565 sqft

$1,400,000

806 DELANCEY PLACE, OCEAN CITY NJ, 08226

Price per sqft$894.57
Built in1920
Property size1,565 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Nov 3, 2026

Updated 14h ago

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 rare—schedule your private tour today!

$9,314/mo

Est. mortgage payment based on a $1,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NJCM2008402

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$5,040
Tax Frequency
Annually
MLS provider logo

Listed by BHHS Fox & Roach-Medford
Listing Contact: 6094104200 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 11/3/2026 at 7:16 PM UTC

 

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