870 E  7th St #408, Ocean City, NJ 08226
FOR SALE

870 E 7th St #408
Ocean City, NJ 08226

  • 1 Bed
  • 1 Bath
  • 1 Bed
  • 1 Bath

$369,000

Est. Mortgage $2,387/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Ocean 7 Condominiums! Fully renovated with a proven track record of excellent rental income. Incredible 2023 gross income was $42,368.00. This double queen one bedroom with new queen sleeper sofa in living room sleeps six. Separate full bathroom, porcelain wood plank tile flooring throughout, refreshed cabinets, unique blue pearl granite countertop, tiled back-splash, custom herringbone tiled kitchen wall, glass stove top, GE compact microwave and best of all a full size stainless steel refrigerator. Bathroom upgrades include relocating the vanity into the bathroom (one of only five units in the building with this feature), newer faucets, LED circle mirror, beautiful tiled wall, ventilation fan and overhead lighting. Decorated to the nines with beautiful furnishings, custom art work and beach decor all included. Ocean 7 was magically transformed from a Grand Old Hotel into separately owned condominiums a few years ago. She offers all the conveniences of Hotel Living, daily check ins via the front desk, daily maid & linens service, on site management for care free ownership and heated resort style pool with sundeck. Includes parking and storage facility. Condo fees include water, sewer, hot water, flood & hazard insurance, common area maintenance, cable TV, Wi-Fi, & ELECTRIC! Located just a stones throw to the famous Ocean City beach & boardwalk. Ocean 7 is a seasonal building open from early April through late October. See Agent remarks.

Home Highlights

Parking
None
Outdoor
Porch, Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
45 days ago

Home Details for 870 E 7th St #408

Interior Features

Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Appliances & Utilities
Appliances: Electric Stove, Microwave, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
No FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Blinds, Curtains
Levels, Entrance, & Accessibility
Levels: One
View
No ViewView: Water

Exterior Features

Exterior Home Features
Patio / Porch: Deck/Porch, PatioOther Structures: Storage Facility
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 1Parking: None
Frontage
Waterfront: Boardwalk AreaNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Building Name: Ocean 7Construction Materials: Masonry/BlockNot a New Construction
Property Information
Included in Sale: Blinds, Curtains, FurnishedParcel Number: 15-C408

Price & Status

Price
List Price: $369,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Ocean CityCommunity: Ocean 7

Agent Information

Listing Agent
Listing ID: 583097

Community

Community Features: Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Storage FacilityNot Senior Community

HOA

HOA Fee Includes: Amenities, Electricity, Insurance, Maintenance, Management, Sewer, Trash, Water, Other Utilities, Hot Water, Air Conditioning, Heat, Cable TV, Pool

Rental

Furnished

Miscellaneous

Mls Number: 583097Water ViewWater View: Water View

Additional Information

HOA Amenities: Deck/Porch,Elevator,Laundromat On Site,Outside Shower,Patio,Storage Facility
Last check for updates: about 14 hours ago
Listing courtesy of Robert Gullo
Fox Real Estate-Ocean
Source: SJSRMLS, MLS#583097

Price History for 870 E 7th St #408

DatePriceEventSource
03/13/2024$369,000Listed For SaleSJSRMLS #583097
03/07/2024ListingRemovedSJSRMLS #578408
11/01/2023$369,000PriceChange
SJSRMLS #578408
10/04/2023$349,900Listed For SaleSJSRMLS #578408
10/02/2023ListingRemovedSJSRMLS #574708
06/26/2023$349,900PriceChange
SJSRMLS #574708
06/06/2023$369,000Listed For SaleSJSRMLS #574708
06/03/2023ListingRemovedSJSRMLS #572787
04/06/2023$369,000Listed For SaleSJSRMLS #572787
04/04/2023ListingRemovedSJSRMLS #571030
02/10/2023$369,000Listed For SaleSJSRMLS #571030
01/27/2023ListingRemovedSJSRMLS #564173
09/25/2022$359,000PriceChange
SJSRMLS #564173
06/17/2022$579,000Listed For SaleSJSRMLS #564173
06/14/2017$125,000Sold
N/A
04/12/2017$129,900Listed For SaleAgent Provided
06/25/2016$129,900ListingRemovedAgent Provided
10/23/2015$129,900Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$1,458
Assessment$136,100
Home facts updated by county records

Comparable Sales for 870 E 7th St #408

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Condo
$345,000
10/16/23
1
1
-
0.02
Condo
$395,000
07/14/23
1
1
-
0.03
Condo
$435,100
05/19/23
1
1
-
0.21
Condo
$313,600
03/20/24
1
1
-
0.29
Condo
$285,000
04/09/24
1
1
-
0.26
Condo
$325,000
08/31/23
1
1
-
0.32
Condo
$260,000
03/04/24
1
1
-
0.26
Condo
$340,000
04/18/24
1
1
-

What Locals Say about Ocean City

  • Amanda W.
    "People are so friendly around here! It’s been an amazing trip and the neighborhood is very well kept."
    10
    Flag
  • Mjmchugh14
    "This is a beach town that many people come to vacation. It’s a wonderful beach town with very friendly neighbors. The neighborhood is very clean. My family and I love it here. We thoroughly enjoy the summers here in OCNJ. I would love to bring my kids here when I have them so they can enjoy what I enjoyed as a kid. "
    9
    Flag
  • Edw213
    "Ocean City is a friendly safe place to raise your family. Convienent to everything and easy to navigate."
    3
    Flag
  • Stephenfugale
    "About school, taxes, public services, public safety, recreation, shopping , crime, after school programs "
    2
    Flag
  • Speca048
    "Great place to vacation and invest in real estate. Wonderful community with great food and retail. Excellent boardwalk and beaches. "
    2
    Flag
  • Edw213
    "Neighborhood Fourth of July Parade with all of our children. Very friendly people with well kept homes and yards."
    1
    Flag
  • Ivory W.
    "Clean streets , phenomenal parks for kids. Great downtown. Parking can be an issue and Bay Ave roads are a disgrace .........."
    1
    Flag
  • Ivory W.
    "Some people can be weird about dogs on their lawn. Majority of people are friendly though and dog beach is the best place ever "
    1
    Flag
  • Derrek C.
    "Fun, family beach town. Crowded in the summer, fun, but crowded. amazingly quiet in the off-season. "
    0
    Flag
  • Tabitha D.
    "Lovely! Crossing into OC over the 9th Street bridge is like a breath of fresh air...literally! Driving around town in such a clean town is amazing! "
    0
    Flag
  • Zoe W.
    "The best place to grow up, amazing schools, first job opportunities, and a great way to grow character/responsibilities "
    0
    Flag
  • Jeffreyjacuk
    "It’s a fantastic community. Although it’s primarily a resort town and there are not a huge amount of year round residents. This was my summer home for many years now it’s the primary residence. "
    0
    Flag
  • Tabitha D.
    "Coming over the 9th street bridge into OC is a breath of fresh air! My family and I love it here! My children are thriving in the awesome school system. I love living in such a friendly and CLEAN place!"
    2
    Flag
  • Ron D.
    "Ocean City has weekend events from March to December Car shows Fireworks Music Pier Events Horse and Carriage ride at Christmas"
    0
    Flag
  • Tabitha D.
    "Coming over the 9th street bridge into OC makes all my worries go away! I love this town! It’s so clean and safe and there is an amazing community feel. "
    0
    Flag
  • Deannahughes007
    "Almost every weekend all year long on the boardwalk; downtown on Asbury; active community center; amateur theater; school sports; beaches; parades; fireworks; all the things!"
    4
    Flag
  • Dbuchanan
    "To make certain your children know how to swim because of the close proximity of the bay and ocean. "
    0
    Flag
  • Nancy B.
    "Lots of dog lovers. Lots of people have dogs and most clean up after them. Some people walk dogs without leases which isn’t allowed. Sometimes you see people don’t pick up after their dogs . "
    2
    Flag
  • Bethpopis
    "Great, safe place to live/ visit. Well maintained and family-friendly. We’ve been visiting Ocean City since 1987 and would recommend it to any family. "
    3
    Flag
  • Ashleigh S.
    "Where I am on the island is extremely convenient to downtown, grocery store, public transportation, and the beach and bay! However, the commute to find gas is either half way down the island or across the bridge on the mainland. Overall great place to live!"
    0
    Flag
  • Trulia User
    "Night in Venice, various parades events and family activities. The beach, bay and boardwalk are fantastic "
    0
    Flag
  • Clemmer
    "It is a beautiful clean well kept community. It is especially nice in the fall and winter when the the summer rush in over."
    0
    Flag
  • Staceymariet
    "Love OC!! Small town feel!! Beautiful ocean side resort "
    0
    Flag
  • Jrtilli210
    "I walk my dogs. I see other people and dogs on my walk. There is grass on the curb side, so your dog doesn’t go on people’s lawn. It is well lit at night and tree lined for shade."
    1
    Flag
  • Alisoncfell
    "Local shops and restaurants are great! Very family friendly! Bustling shore town in the summer, but super fun year round!"
    1
    Flag
  • Lynne
    "Family oriented Beach town. I can walk on the beach before work and shop on Asbury Ave on my lunch breaks."
    1
    Flag
  • Jennifer D. K.
    "Lived here for 3 years. Neighbors look out for each other. Friendly area. Kid friendly. Can walk to many shops. "
    3
    Flag

LGBTQ Local Legal Protections

Robert Gullo, Fox Real Estate-Ocean
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
870 E 7th St #408, Ocean City, NJ 08226 is a 1 bedroom, 1 bathroom condo built in 1972. This property is currently available for sale and was listed by SJSRMLS on Mar 13, 2024. The MLS # for this home is MLS# 583097.