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Sold for $345,000
  • $345,000

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

    1beds
    --sqft
    Condominium
    Built in 1972
    -- sqft lot
    $392,800 Zestimate®
    $--/sqft
    $1,857 Estimated rent

    Home value

    $392,800

    $338,000 - $460,000

    $1,857/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    ROBERT GULLO 856-305-2091,

    Fox Real Estate-Ocean

    Bought with:

    ROBERT GULLO, 1224311

    Source: SJSRMLS,MLS#: 585564MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Dining Area
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Stove, Microwave, Refrigerator
    Features
    • Windows: Blinds, Curtains
    • Has fireplace: No
    • Furnished: Yes

    Property

    Parking
    • Total spaces: 1
    • Parking features: None
    Features
    • Levels: One
    • Patio & porch: Deck/Porch, Patio
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water View
    • Waterfront features: Boardwalk Area
    Details
    • Additional structures: Storage Facility
    • Parcel number: 15-C408

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Masonry/Block
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Storage Facility
    • Subdivision: Ocean 7
    HOA
    • Amenities included: Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Storage Facility
    • Services included: Air Conditioning, Amenities, Cable TV, Electricity, Heat, Hot Water, Insurance, Maintenance, Management, Other Utilities, Pool, Sewer, Trash, Water
    Location
    • Region: Ocean City

    Financial & listing details

    • Annual tax amount: $1,458
    • Date on market: 5/25/2024
    • Date available: 05/25/2024
    • Inclusions: Blinds, Curtains, Furnished

    Price history

    DateEventPrice
    8/28/2024Sold$345,000-1.4%
    Source: SJSRMLS #585564 Report a problem
    7/18/2024Pending sale$349,900
    Source: SJSRMLS #585564 Report a problem
    6/13/2024Contingent$349,900
    Source: SJSRMLS #585564 Report a problem
    5/25/2024Listed for sale$349,900-5.2%
    Source: SJSRMLS #585564 Report a problem
    5/15/2024Listing removed--
    Source: SJSRMLS #583097 Report a problem
    3/13/2024Listed for sale$369,000
    Source: SJSRMLS #583097 Report a problem
    3/7/2024Listing removed--
    Source: SJSRMLS #578408 Report a problem
    11/1/2023Price change$369,000+5.5%
    Source: SJSRMLS #578408 Report a problem
    10/4/2023Listed for sale$349,900
    Source: SJSRMLS #578408 Report a problem
    10/2/2023Listing removed--
    Source: SJSRMLS #574708 Report a problem
    6/26/2023Price change$349,900-5.2%
    Source: SJSRMLS #574708 Report a problem
    6/6/2023Listed for sale$369,000
    Source: SJSRMLS #574708 Report a problem
    6/3/2023Listing removed--
    Source: SJSRMLS #572787 Report a problem
    4/6/2023Listed for sale$369,000
    Source: SJSRMLS #572787 Report a problem
    4/4/2023Listing removed--
    Source: SJSRMLS #571030 Report a problem
    2/10/2023Listed for sale$369,000+2.8%
    Source: SJSRMLS #571030 Report a problem
    1/27/2023Listing removed--
    Source: SJSRMLS #564173 Report a problem
    9/25/2022Price change$359,000-38%
    Source: SJSRMLS #564173 Report a problem
    6/17/2022Listed for sale$579,000
    Source: SJSRMLS #564173 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $392,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $392,800