202 Palermo Avenue, Egg Harbor Township, NJ, 08234
About This Home
Turnkey investment opportunity with stunning water views and immediate income potential! This fully furnished 4-bedroom, 2.5-bath property offers the perfect combination of lifestyle and investment. Designed to accommodate families and groups, the spacious layout features generous living areas, a well-equipped kitchen, and comfortable sleeping accommodations, making it highly desirable for vacation guests. Expansive water views form the balcony off the primary bedroom provide a memorable guest experience that can help drive strong rental demand year-round. Whether you're expanding your portfolio or looking for a vacation home that pays for itself, this income-producing property offers immediate earning potential and long-term value. Start collecting profits from the moment you close.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Foundation: Slab
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Recessed Lighting
Heating & Cooling
- Heating features: Natural Gas,2 Zoned Heat
- Cooling features: 2 Zoned AC
Interior Area
- Total structure area: 2,358
- Total interior livable area: 2,358 sqft
Property
Details
- Parcel number: 0804211000000001
- Zoning description: Residential, Single Family
- Exclusions: Personal Property
Features
- Stories: 3
- Exterior features: Balcony
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Lot
- Lot size: 0.25 Acres
- Features: Cul-De-Sac
- Lot size dimensions: 100 x 107
Parking
- Total spaces: 3
- Parking features: Concrete,Driveway
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Strong Wind
- Winter Weather
- Cold Wave
- Hurricane
- Heat Wave
- Lightning
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $220 | $2,640 |
| Property Taxes | $928 | $11,136 |
| Electricity | $259 | $3,119 |
| Total | $4,435 | $53,220 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Listed for rent | $4,500 |
| 2026-07-23 | Price change | $599,000 |
| 2026-07-10 | Price change | $674,000 |
| 2026-06-13 | Listed for sale | $699,000 |
| 2025-07-17 | Listing removed | $559,900 |
| 2025-07-08 | Price change | $559,900 |
| 2025-06-06 | Price change | $579,900 |
| 2025-06-04 | Price change | $599,000 |
| 2025-05-21 | Price change | $599,900 |
| 2025-05-01 | Listed for sale | $599,000 |
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