Attention investors and shore house buyers. Here is a chance to own a 4 bed, 1.5 bath shore house, one block from the beach in Ship Bottom New Jersey, the gateway to LBI. The home currently rented has a monthly income of $2000.00 and tenants pay for all utilities. They are long term tenants as well. So, for those who are considering investing the passive income is already here. This cape style house sits on a 5000 sq. ft. lot with a detached garage. The house itself, built in the 1950’s, has that classic style of an era gone by on the Jersey shore. The lot is zoned residential/commercial which could be a bonus for the right investor. Priced to sell in this market with its ups and downs makes this property a diamond in the rough for the right person to make their own. Whether you’re thinking of buying and holding or buying and developing this is a must-see property. What do you have to lose with everything to gain.
Sold for $790,000 on 05/01/23
$790,000
405 Central Ave, Ship Bottom, NJ 08008
4beds
1,188sqft
Single Family Residence
Built in 1956
4,791.6 Square Feet Lot
$979,900 Zestimate®
$665/sqft
$3,510 Estimated rent
Home value
$979,900
$911,000 - $1.07M
$3,510/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 11, 2025 at 05:58pm
Listed by:
Jacqui Thomas 609-658-0517,
Keller Williams Premier
Bought with:
Joann Mulholland, 1434433
Weichert Realtors - Ship Bottom
Source: Bright MLS,MLS#: NJOC2015640
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Refrigerator, Washer/Dryer Stacked, Gas Water Heater
Features
- Entry Level Bedroom, Dry Wall
- Flooring: Vinyl, Carpet
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,188
- Total interior livable area: 1,188 sqft
- Finished area above ground: 1,188
Property
Parking
- Total spaces: 1
- Parking features: Other, Detached
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
- Waterfront features: Bayside
Lot
- Size: 4,791 sqft
- Dimensions: 40 x 125
Details
- Additional structures: Above Grade
- Parcel number: 290012600003
- Zoning: RESIDENTIAL/COMMERICAL
- Zoning description: THIS PROPERTY IS ZONED BOTH RESIDENTIAL/ COMMERICAL
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Cable Available, Sewer Available, Water Available, Electricity Available, Cable, Satellite Internet Service
Community & neighborhood
Location
- Region: Ship Bottom
- Subdivision: None Available
- Municipality: SHIP BOTTOM BORO
HOA & financial
Other financial information
- Total actual rent: 24000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2023 | Sold | $790,000+1.3%$665/sqft |
Source:  Bright MLS #NJOC2015640 | ||
| 1/14/2023 | Pending sale | $780,000$657/sqft |
Source: Bright MLS #NJOC2015640 | ||
| 1/10/2023 | Contingent | $780,000$657/sqft |
Source: Bright MLS #NJOC2015640 | ||
| 1/8/2023 | Listed for sale | $780,000-1.1%$657/sqft |
Source: Bright MLS #NJOC2015640 | ||
| 11/30/2021 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $4,466 +0.5% | $421,700 |
| 2022 | $4,445 | $421,700 |
| 2021 | $4,445 -0.4% | $421,700 |
Find assessor info on the county website
Neighborhood: 08008
Nearby schools
GreatSchools rating
- NAEthel A Jacobsen Elementary SchoolGrades: PK-2Distance: 0.2 mi
- 8/10Southern Reg Middle SchoolGrades: 7-8Distance: 5.8 mi
- 5/10Southern Reg High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- Elementary: Long Beach Island Grade School
- Middle: Southern Regional M.s.
- High: Southern Regional H.s.
- District: Southern Regional Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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