870 East 7th Street, Unit 306

Ocean City, NJ 08226

$320,000
Price
1
Bed
447 Sq. Ft.
$716 / Sq. Ft.
447
Sq. Ft.
$716
per Sq. Ft.

Description

This third-floor unit at Ocean 7 offers a prime investment opportunity or the perfect family vacation getaway. Fully furnished and featuring 2 bedrooms, a bath, and a kitchenette, this suite is part of a non-smoking, and pet-free building. Located at the foot of the boardwalk at 7th Street, the property includes off-street parking, an elevator, owner storage, and a heated pool. With an excellent rental history and an on-site management company handling marketing, rentals, linens, and maid service,...This third-floor unit at Ocean 7 offers a prime investment opportunity or the perfect family vacation getaway. Fully furnished and featuring 2 bedrooms, a bath, and a kitchenette, this suite is part of a non-smoking, and pet-free building. Located at the foot of the boardwalk at 7th Street, the property includes off-street parking, an elevator, owner storage, and a heated pool. With an excellent rental history and an on-site management company handling marketing, rentals, linens, and maid service, it's a worry-free investment. Condo fees cover all utilities, flood insurance, cable TV, Wi-Fi, and trash. Enjoy the convenience, amenities, and strong rental potential this third-floor unit provides! Call today to schedule your private showing!
  1. Listed by Anthony Chiolo • KELLER WILLIAMS REALTY JERSEY SHORE wc

Property Details for 870 East 7th Street, Unit 306

MLS #
243477
DOM
96
Approx Year Built
1972
County
Cape May
Class
CONDO/TOWNHOUSE
Location
Island
Sale/Rent
For Sale
Type
Condo
LISTING UPDATED: 03/13/2025 11:53 AM

Property Details for 870 East 7th Street, Unit 306

StatusUnder Contract
MLS #243477
Days on Market96
Taxes$1,404 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeCONDO/TOWNHOUSE / Condo
Year Built1972
CountyCape May County

Building Information for 870 East 7th Street, Unit 306

Building/Complex870 E 7th StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1972

Property Information for 870 East 7th Street, Unit 306

Summary
Location and General Information
  • Area: Ocean City
  • Address Number: 870
  • Sewer: Public Sewer
  • District - Township: 08-Ocean City
  • SEASONAL/YEAR ROUND: Seasonal use only
  • Address Search Number: 870.0
  • Address Direction: E
  • Address Street: 7th
  • City: Ocean City
  • Street Designation: Street
  • Beach Proximity: 1 Block
  • Address: 870 E 7th Street
  • Status: UNDER CONTRACT
  • State: NJ
  • Zip: 08226
  • Status Detail: 0
  • Number of Stories: One
Taxes and HOA Information
  • Taxes: $1,404.08
  • Condo Fee: 507.15
  • Tax Year: 2023
Parking
  • Parking: 1 Car,Assigned Parking
Property
Lot Information
  • Approx Living Sq Ft: 447.0
  • New Construction Y/N: No
  • Lot Number: 15
  • Block Number: 701
Property and Assessments
  • Total Assessment: $131,100
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Electric, Space/Wall/Floor
  • Cooling: Electric, Wall Air Conditioning
  • Hot water: Gas
  • Water: City
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Kitchen
  • Rooms: 3
  • Total Baths: 1.0
  • Full Baths: 1
  • Bedrooms: 1
  • Lavs: 0.0
  • Unit Features: Tile Floors,Laminate Fooring
  • Appliances Included: Microwave Oven, Refrigerator, Cooktop
  • Common Area features: Elevator,Patio,Deck/Porch,Storage Facilities,Cable TV,Outside Shower,Pool,Laundry Room,Onsite rental management
  • Also Included: Curtains, Blinds, Rugs, Furniture

Property History for 870 East 7th Street, Unit 306

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 870 East 7th Street, Unit 306

Taxable ValueLand$57,400Additions$73,700Total$131,100
Tax Record2023$1,404 ($117 / month)
Home Facts
Beds0Total Finished SqFt447 SqFtAbove Grade Finished SqFt447 SqFtStories1Lot Size33,201 SqFtStyleCondominiumYear Built1972CountyCAPE MAYAPN08 00701-0000-00015-0000-C306

Schools near 870 East 7th Street, Unit 306

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

St. Augustine Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY JERSEY SHORE wc

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.