1 month on rocket

870 7th St Unit 207, Ocean City, NJ, 08226

$324,900

Home List Price

$3,858*

Closing Credit

1 Bedroom
1 Full Bath
450 SqFt
$722/SqFt
Condo

Location

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870 7th St Unit 207, Ocean City$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Car
HeatingForced Air
CoolingWall Unit(s)
MLS #590383
StatusActive

About 870 7th St Unit 207

One of the best investment properties in town. Ocean 7 unit 207 is a fully furnished suite unit with living room, bath, bedroom, and kitchenette. Excellent rental history grossing $35,000 this season. This family friendly Condo-Tel is nonsmoking and pet free. Located at the foot of the boardwalk at 7th street features include off street parking , elevator, owner storage and heated pool. Excellent on-site management company which markets the building, handles rentals, linens and maid service. Condo fees cover management, flood insurance, cable TV, Wi-Fi, trash and all utilities. Make it your vacation getaway or join the management run rental program.

Property Details

Property Features

Property Information:

  • Architectural Style: Converted Motel
  • Living Area: 450 SqFt

Listing Office:

  • Office Name: Fox Real Estate - Beachwatch
  • Office Phone: (609) 398-5500

Interior Features

Interior Information:

  • Appliances: Electric Stove, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Deck/Porch, Elevator, Outside Shower, Pool, Storage

Parking Information:

  • Attached Garage: No
  • Parking: One Car

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Atlantic Ave to East on 7th St to 870 7th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $722/SqFt

HOA Fees:

  • Amount: $488
  • 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

870 7th St Unit 207 vs Ocean City

50 DAYS ON ROCKET

-24 Days

$324,900

-$590.9K Less

$722/SqFt

+$30 More

KEY TAKEAWAY

This property is $590.9K less than the Median Sold Price and $30/SqFt more than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #590383

Listing Office:

  • Office Name: Fox Real Estate - Beachwatch
  • Office Phone: (609) 398-5500

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

$2,177

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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-4380751
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 0.50 miles

  • Public District Grades PK-3

school-card-donut-4380752
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 3.46 miles

  • Public District Grades KG-3

school-card-donut-4380753
6
/10

  • Seaview Elementary School

  • 2013 Wabash Ave

  • 4.09 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 most common annual income of people living in Ocean City, NJ is between $35k-100k. Most families are 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 870 7th St Unit 207

What is the listing price of this property?

The listing price of 870 7th St Unit 207 property is $324,900.

What type of property is this?

The property 870 7th St Unit 207 is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 870 7th St Unit 207 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 870 7th St Unit 207 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 870 7th St Unit 207 is 450 SqFt (source: MLS/tax record).

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›870 7th St Unit 207

This home is located at 870 7th St Unit 207 in Ocean City, NJ and zip code 08226. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $324,900.

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. The number of listings in Ocean City, NJ decreased by 9.3% between October 2024 and November 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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