See other homes in:
Primary listing photo
Listing photo 2

113-115 7th Terrace, Egg Harbor City, NJ, 08215

2beds
2baths
1,322sqft
$280,000
$212price/sqft
$2,206/moest. monthly cost
$88,240/yrincome needed

About This Home

Positioned as a strong addition to any investment portfolio, this tenant-occupied property offers immediate income potential. Currently leased, providing a seamless transition for the next owner. Offered strictly as-is, where-is. Seller makes no representations or warranties. Buyer responsible for all due diligence, inspections, and municipal requirements per New Jersey guidelines. Kindly respect tenant occupancy--do not approach property without a confirmed appointment.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

2/10
5/10
Cedar Creek High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1960

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: 3+ Zoned Heat
  • Cooling features: 3+ Zoned AC

Interior Area

  • Total structure area: 1,322
  • Total interior livable area: 1,322 sqft

Property

Details

  • Parcel number: 070032100000000402

Features

  • Stories: 2

Lot

  • Lot size: 1,742 sqft
  • Lot size dimensions: 40 x 50

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hurricane
Lightning
Wildfire
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $1,415$16,980
Home Insurance *$164$1,968
Property Taxes $434$5,208
Electricity $193$2,318
Total$2,206$26,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,634/yr
40% on housing$66,180/yr
45% on housing$58,826/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 08215$149
Atlantic County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 08215$216
Atlantic County$228

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)

No zestimate history available

Price History

DateEventPrice
2026-07-12Price change$280,000
2026-05-11Listed for sale$300,000

For Sale by Agent

AgentDonna Mancuso
BrokerageJersey Property Group Realty

Similar Homes