# 438 Shore Road, Somers Point, NJ 08244 > **TL;DR:** 2bd/0ba multi-family, $615,000. Est. $3,289/mo. Listed 4 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $615,000 | | Bedrooms | 2 | | Property Type | Multi-Family (Triplex) | | Status | Active | | Days on Market | 4 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,110 | | Estimated Insurance | $179 | | **Total** | **$3,289** | ## Description ### Agent Description A well-positioned income-producing triplex on one of Somers Point's most traveled corridors, offering immediate cash flow with meaningful upside. This three-unit property sits on Shore Road just minutes from Ocean City, the bay, and Shore Medical Center - a location that keeps units occupied year-round. The building comprises two one-bedroom units and a studio, generating current rents of $1,333, $1,800, and $1,300 per month for a combined gross income of $4,433/month. The third unit - a one-bedroom currently rented at $1,300 - is being offered with a projected post-renovation rent of $1,700/month, representing a straightforward value-add play with a clear path to $4,833/month in stabilized gross income. Pro forma cap rate = 7%. Built circa 1900 and encompassing approximately 1,795 square feet on a 0.17-acre lot, this property suits an owner-occupant looking to offset carrying costs or an investor seeking a low-maintenance addition to a South Jersey coastal portfolio. The Shore Road location delivers consistent rental demand driven by proximity to the Ocean City bridge, hospital employment, and the broader Atlantic County job market. Whether you're acquiring at current rents or executing the light renovation to push Unit 3 to market rate, the numbers work from day one. ## Location - **Address:** 438 Shore Road, Somers Point, NJ 08244 - **County:** Atlantic - **Coordinates:** 39.320122, -74.590575 - **Google Maps:** https://www.google.com/maps?q=39.320122,-74.590575 ## Listing Agent - **Name:** Mark Benevento, II - **Brokerage:** Compass New Jersey-Ocean City - **Broker Phone:** 6093227390 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/438-Shore-Rd_Somers-Point_NJ_08244_M52079-04131?f=listhub&s=SJSRMLSNJ&m=613272&c=propsimple) ## Photos ![438 Shore Road - Photo 1](http://lh.rdcpix.com/43cbc8e7cf643103d622d6652f0d18d1l-f832269747r.jpg) ![438 Shore Road - Photo 2](http://lh.rdcpix.com/43cbc8e7cf643103d622d6652f0d18d1l-f1070219842r.jpg) ![438 Shore Road - Photo 3](http://lh.rdcpix.com/43cbc8e7cf643103d622d6652f0d18d1l-f1454776850r.jpg) ![438 Shore Road - Photo 4](http://lh.rdcpix.com/43cbc8e7cf643103d622d6652f0d18d1l-f275073769r.jpg) ![438 Shore Road - Photo 5](http://lh.rdcpix.com/43cbc8e7cf643103d622d6652f0d18d1l-f1152573269r.jpg) ![438 Shore Road - Photo 6](http://lh.rdcpix.com/43cbc8e7cf643103d622d6652f0d18d1l-f1989594767r.jpg) ![438 Shore Road - Photo 7](http://lh.rdcpix.com/43cbc8e7cf643103d622d6652f0d18d1l-f1021242802r.jpg) ![438 Shore Road - Photo 8](http://lh.rdcpix.com/43cbc8e7cf643103d622d6652f0d18d1l-f3028801205r.jpg) --- **MLS#:** 613272 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/438-shore-road-somers-point-nj-08244-728d34037ca44975b1f302c722e0b795) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/438-shore-road-somers-point-nj-08244-728d34037ca44975b1f302c722e0b795#listing", "url": "https://staging.propertysimple.ai/listing/438-shore-road-somers-point-nj-08244-728d34037ca44975b1f302c722e0b795", "name": "438 Shore Road, Somers Point, NJ 08244", "description": "A well-positioned income-producing triplex on one of Somers Point's most traveled corridors, offering immediate cash flow with meaningful upside. 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