5 months on rocket

807 E 8th St Unit 216, Ocean City, NJ, 08226

$329,900

Home List Price

$3,918*

Closing Credit

1 Bedroom
1 Full Bath
400 SqFt
$825/SqFt
Condo

Location

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807 E 8th St Unit 216, Ocean City$329,900

Buyer Closing Credits

$3,918*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone, See Remarks
HeatingElectric
CoolingWindow Unit(s)
WaterfrontSee Remarks
ViewSee Remarks
MLS #586554
StatusActive

About 807 E 8th St Unit 216

This coastal chic one-bedroom, one-full bathroom condo offers the perfect blend of convenience and comfort. Located in an area that has / is being transformed with hip chic hotels and restaurants. Featuring extra high ceilings, giving more of an open space feel. Nestled just steps away from the beach, it provides easy access to sun, sand, and surf. Additionally, its prime location puts you within a short distance of a variety of popular restaurants and the vibrant downtown area, making it an ideal spot for both relaxation and entertainment. Another option is using the property as an investment and rent out. This unit has a strong rental history which makes this a great deal! Gross income around $39,000! Another key point is, that you can use this condo for personal use without usage restrictions. With modern amenities and a cozy atmosphere, this condo is the perfect coastal retreat.

Property Details

Property Features

Property Information:

  • Architectural Style: Converted Apartments
  • Living Area: 400 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Jersey Shore-Ocean City
  • Office Phone: (609) 399-5454

Interior Features

Interior Information:

  • Appliances: Electric Stove, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: See Remarks
  • View: See Remarks
  • Exterior: Elevator, Security Fence, Storage

Parking Information:

  • Attached Garage: No
  • Parking: None, See Remarks

Lot Features

Lot Information:

  • Lot: Close to Clubhouse

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: 8th street

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,900
  • Price Per SqFt: $825/SqFt

HOA Fees:

  • Amount: $385
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

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Ocean City, NJ

City

Med. Sold Price

$915.8K

Med. Price/SqFt

$692

Avg. Days On Market

74

# of Sold Homes

33

807 E 8th St Unit 216 vs Ocean City

174 DAYS ON ROCKET

+100 Days

$329,900

-$585.9K Less

$825/SqFt

+$133 More

KEY TAKEAWAY

This property is $585.9K less than the Median Sold Price and $133/SqFt more than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #586554

Listing Office:

  • Office Name: Keller Williams Realty Jersey Shore-Ocean City
  • Office Phone: (609) 399-5454

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,099

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4389374
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 0.54 miles

  • Public District Grades PK-3

school-card-donut-4389375
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 3.50 miles

  • Public District Grades KG-3

school-card-donut-4389376
6
/10

  • Seaview Elementary School

  • 2013 Wabash Ave

  • 4.14 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,423. The majority of Ocean City, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 807 E 8th St Unit 216

What is the listing price of this property?

The listing price of 807 E 8th St Unit 216 property is $329,900.

What type of property is this?

The property 807 E 8th St Unit 216 is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 807 E 8th St Unit 216 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 807 E 8th St Unit 216 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 807 E 8th St Unit 216 is 400 SqFt (source: MLS/tax record).

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›807 E 8th St Unit 216

This home is located at 807 E 8th St Unit 216 in Ocean City, NJ and zip code 08226. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $329,900.

Over 5 listings were sold over their listed price in November 2024 in Ocean City, NJ. In the same period over 20 listings were sold below the listed price and 4 listings were sold for the listed price. In November 2024 in Ocean City, NJ there were 9.3% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $915,800, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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