$4,030,800
- Studio
617 E 8th St, Ocean City, NJ 08226
Est. Refi. Payment $25,320/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 8, 2026 for $3,900,000
Home Value
Trulia Estimate
$4.03MSince last month
Increased$19K (+0.5%)Since last year
Increased$109K (+2.8%)Since last sale
Increased$126K (+3.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +4% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $4.03M |
| August 2026 | $4.04M |
| July 2026 | $4.01M |
| June 2026 | $3.96M |
| May 2026 | $3.95M |
| April 2026 | $3.92M |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $1,425,000 | 10/31/25 | 4 | 3,408 | ||
0.10 | Multi-Family Home | $1,310,000 | 03/27/26 | - | 6,440 | ||
0.36 | Multi-Family Home | $1,550,000 | 11/14/25 | 3 | - | ||
0.16 | Multi-Family Home | $1,050,000 | 04/13/26 | 5 | 4 | - | |
0.19 | Multi-Family Home | $999,000 | 04/24/26 | 2 | - | ||
0.34 | Multi-Family Home | $995,000 | 01/09/26 | 6 | - | - | |
0.51 | Multi-Family Home | $1,532,500 | 02/06/26 | - | - | ||
0.16 | Multi-Family Home | $950,000 | 09/30/25 | - | - | ||
0.63 | Multi-Family Home | $1,565,000 | 09/01/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $317,000 | 1 | 1 | - | Recently Sold | |
0.05 | $339,900 | 1 | 1 | 524 | Recently Sold | |
0.04 | $358,700 | 1 | 1 | - | Off Market | |
0.04 | $373,600 | 1 | 1 | - | Off Market | |
0.04 | $360,000 | 1 | 1 | - | Off Market | |
0.04 | $361,400 | 1 | 1 | - | Off Market | |
0.04 | $377,900 | 1 | 1 | - | Off Market | |
0.04 | $344,800 | 1 | 1 | - | Off Market | |
0.04 | $394,200 | 1 | 1 | - | Off Market | |
0.04 | $392,500 | 1 | 1 | - | Off Market | |
0.04 | $331,100 | 1 | 1 | 523 | Off Market | |
0.05 | $295,000 | 1 | 1 | 568 | Recently Sold |
Local Information
-- mins to
Home Highlights
Multi-Family
0.29 acre lot
About this House
This is the very BEST VALUE-ADD ON THE JERSEY SHORE ISLAND RESORT MARKET! Current Cash Flow Valuations are at a 9%+ CAPRATE which makes this fabulous buy an INVESTOR'S DREAM INCOME AQUISTION OPPORTUNITY & WITH TONS OF UPSIDE! The Blue Water Inn Hotel is a 40-Unit Mixed Use commercial investment property, with parking! This income producing gem is centrally located on a HIGH TRAFFIC CORNER of 8th & Ocean Ave in the the historic district in the very HEART OF THE HOTEL/ HOSPITALITY DISTRICT & situated on a whopping 135' x93.05 lot just a couple blocks from Ocean City's white sand beaches and bustling World Famous Boardwalk. The property features a total of40units which consists of: 32 hotel rooms (with 32 baths); 5 renovated apartments (3-1BR/1BA, 1-2BR/1BA, 1-3BR/1BA & 1-Manager'sefficiency apartment w/1BA); and 3 leased commercial stores on the street level of the building. The three commercial storefronts currently include a full-service restaurant and two additional food & beverage service retail stores. In addition, the building includes an additional 1/2 bath in Guest Check-In Lobby; 3 courtesy dayrooms with showers; laundry facility; and a total of 28 parking spaces in the parking lot adjacent to & in back of the hotel. Property recently started to undergo upgrades & renovations inclusive of the apartments; new front porch; and windows are relatively new. For the experienced developer/investor, this incredible acquisition opportunity comes with tremendous upside potential associated with property stabilization and income growth tied to increased seasonal rents to become in line with market rates, plus expanding business to include Winter Rental which could quickly add an instant $100K to the bottom line. Income generating investment opportunities like this come around rarely in Ocean City. Pre-Qual or Proof of Funds & NDA are required for financially qualified buyers only, and Buyers must complete and satisfy all their own due diligence. For more property details, obtain an NDA to review financials and schedule a private showing, please call us directly now.
617 E 8th St, Ocean City, NJ 08226 is a studio multi-family. It last sold for the $3,900,000 asking price on Apr 8, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $4,030,800, with a rent estimate of $1,826/month.
Last check for updates: about 19 hours ago
Listed by KRISTINA DOLISZNY, (609) 412-5547
eXp Realty - Ocean City O382L
Bought with: KRISTINA DOLISZNY, (609) 412-5547
Source: SJSRMLS, MLS#590176

Home Details for 617 E 8th St
|
|---|
Interior Details Basement: Crawl Space |
Appliances & Utilities Appliances: Dryer, Microwave, Refrigerator, WasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: NoneHas CoolingAir Conditioning: Ceiling Fan(s),Window Unit(s)No Heating |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Blinds, Curtains, Drapes, Shades, Screens |
View No ViewView: See Remarks |
|
|---|
Exterior Home Features Patio / Porch: Porch |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 3Parking: None |
Frontage Waterfront: Boardwalk AreaNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
|
|---|
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: VinylNot a New Construction |
Property Information Usage of Home: Multi-Family, OtherIncluded in Sale: Blinds, Curtains, Drapes, Furnished, Rugs, ShadesParcel Number: 17 |
|
|---|
Price List Price: $3,900,000 |
|
|---|
MLS Status: Sold CO OP by Member |
|
|---|
Direction & Address City: Ocean City |
|
|---|
Not Senior Community |
|
|---|
Lot Area: 0.29 acres |
|
|---|
Furnished |
|
|---|
Mls Number: 590176 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 8, 2026 Source: SJSRMLS #590176 | Sold | $3,900,000 |
Dec 30, 2025 Source: eXp Realty #590176 | Contingent | $3,900,000 |
Aug 12, 2025 Source: SJSRMLS #590176 | Pending | $3,900,000 |
Oct 21, 2024 Source: SJSRMLS #590176 | Listed For Sale | $3,900,000 |
Oct 10, 2024 Source: SJSRMLS #588239 | ListingRemoved | $3,900,000 |
Aug 20, 2024 Source: SJSRMLS #588239 | Listed For Sale | $3,900,000 |
Market trends in Ocean City
Last updated August 2026
Avg. sale price
$1.14M
$134KMoM
Sale-to-List Price
97.8%
Price per sq ft
โ
Available listings
208
6MoM
Around this home
What Locals Say about Ocean City
At least 197 Trulia users voted on each feature.
94 % Say it's dog friendly
93 % Say there are sidewalks
92 % Say people would walk alone at night
84 % Say kids play outside
84 % Say yards are well-kept
84 % Say streets are well-lit
81 % Say they plan to stay for at least 5 years
78 % Say it's walkable to restaurants
75 % Say there's holiday spirit
69 % Say it's walkable to grocery stores
66 % Say it's quiet
64 % Say parking is easy
59 % Say car is needed
58 % Say there are community events
57 % Say neighbors are friendly
40 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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.
ยฉ 2026 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Frequently asked questions about 617 E 8th St
- What is 617 E 8th St estimated to be worth?Trulia's estimated value for 617 E 8th St in Ocean City, NJ is $4,030,800.
- What is the price history for 617 E 8th St?617 E 8th St in Ocean City, NJ last sold for $3,900,000 in April 2026.
- Is Ocean City a buyer's or seller's market?Ocean City is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Ocean City?The median sale price in Ocean City is $1.14M. That is up $134K from the prior month.
- Does 617 E 8th St have air conditioning?Yes, 617 E 8th St in Ocean City, NJ has air conditioning.
- Does 617 E 8th St have laundry facilities?Yes, 617 E 8th St in Ocean City, NJ has in-unit laundry.

