Multi-Unit Opportunity in Ocean City's Bay Area! Welcome to 2 Walton Place—a rare 3-unit property in the heart of Ocean City’s sought-after bay area! This unique offering features a front duplex and a detached rear cottage, all on a spacious 120x25 ft lot. The front building offers two well-maintained units: Unit A (First Floor): 1 bedroom, 1 full bathroom Unit B (Second Floor): 2 bedrooms, 1 full bathroom Tucked behind the main building, the detached cottage is full of charm and coastal whimsy, offering 2 bedrooms and 1 full bathroom—perfect for summer guests, extended family, or rental income. Enjoy the privacy and character of the central courtyard, perfect for outdoor dining or relaxing after a beach day. The spacious front yard adds curb appeal and room to play, while 2 off-street parking spots complete this investment package. Just a short walk to the bay, beach, boardwalk, and downtown, this is a versatile property with endless potential—ideal for investors or a multi-generational beach retreat!
For sale
Price cut: $100.1K (8/4)
$999,900
12 Walton Pl, Ocean City, NJ 08226
5beds
--sqft
Est.:
Single Family Residence
Built in ----
3,000 Square Feet Lot
$973,900 Zestimate®
$--/sqft
$-- HOA
What's special
Front duplexDetached rear cottageWell-maintained unitsSpacious front yardCentral courtyard
- 17 days
- on Zillow |
- 2,226 |
- 61 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 01:32pm
Listed by:
LORIE RICE,
BHHS FOX and ROACH-West Ave OC,
BRAD RICE,
BHHS FOX and ROACH-West Ave OC
Source: SJSRMLS,MLS#: 598616

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Space/Wall/Floor
Cooling
- Wall Unit(s)
Features
- Flooring: Hardwood, W/W Carpet
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: None
Features
- Exterior features: Outdoor Shower
Lot
- Size: 3,000 Square Feet
- Dimensions: 120 x 25
Details
- Parcel number: 7
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Cedar
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ocean City
Financial & listing details
- Tax assessed value: $263,900
- Annual tax amount: $2,961
- Date on market: 7/24/2025
- Date available: 07/24/2025
- Road surface type: Paved
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