NOT LISTED FOR SALE

101 E 7th St Ocean City, NJ 08226

Estimated Value: $1,541,000 - $2,229,075

5 Beds
4.5 Baths
-- Sq Ft
3,615 Sq Ft Lot

Last Sold July 15, 2023

Last sale price $2,099,900

Est. 11% decrease in value since last sale

Current estimated payment $11,037/month

11 Days on Market

Highlights

  • Water Views
  • New Construction
  • Deck
  • Ocean City Primary School Rated A
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of July 2023

Presenting 101 E 7th St... Your luxurious and immaculate NEW CUSTOM 5 bed 4.5 bath (+ den) beach house. The lucky homeowners will appreciate over 2500 square feet of living space situated on a CORNER LOT, 4 stop elevator, 6 decks boasting incredible views of the illuminated 9th st bridge, Great Egg Harbor Bay and Atlantic City Skyline! Other features include a two-car garage, Gourmet kitchen with center island, and more!! Boasting many high-end finishes throughout including (but not limited to) engineered white Oak hardwood floors, linear fireplace, luxury stainless steel appliances including icemaker, beautiful luxury tiled bathrooms, spacious laundry room with washer and dryer, off-street parking, multi zoned gas heat/central air, Dual tankless hot water heaters, custom mill package, mahogany soffits, Wolf portrait siding with PVC trim, Moen fixtures, and much more!! Your master suite will be equipped with vaulted ceilings, WET BAR, private elevated sitting room with stunning views, along with a custom master bathroom and your own private deck. Each bedroom will be provided with its own ensuite, making it the perfect place for the whole family to spend the summer. This property is located on a spacious corner lot in a great neighborhood, centrally located to Ocean City's downtown area, shopping, beaches, and boardwalk! Not a single detail was spared in the creation of this home. (Option for an in-ground pool upgrade is also available) -- --

Last Agent to Sell the Property

Kayla Noll

Compass New Jersey-Ocean City (O463E) Listed on: 04/21/2023

Compass New Jersey-Ocean City (O463E)

Co-Listed By

Eric Booth

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,900

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 40 x 90
  • Corner Lot

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Flooring
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Pad

Outdoor Features

  • In Ground Pool
  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,900

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 04/21/2023
  • New Construction: Yes
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling, Elevator
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Outside Features: Deck, Pool-In Ground, Porch

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 40 x 90
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 23, 2021
Sold by
Cavaretta Christopher J
Bought by
Elcon Custom Builders Llc
Seller's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Kayla Noll
Compass New Jersey-Ocean City (O463E)
List Price
$718,000
Sold Price
$715,000
Premium/Discount to List
-$3,000
-0.42%
Current Estimated Value
$1,867,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,152,519
Avg. Annual Appreciation
24.38%
Original Mortgage
$375,000
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2020
Sold by
Zammit Keith and Zamitt Kathryn
Bought by
Cavaretta Christopher J

Purchase Details

Listed on
Nov 17, 2012
Closed on
Jan 15, 2014
Sold by
Hughes Janet P and Turner Madelyn A
Bought by
Zammit Keith A and Zammit Kathryn A
Seller's Agent
Craig French
BERGER REALTY-Main
Buyer's Agent
JAMES F MONTELEONE
BERGER REALTY-A
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%

Purchase Details

Closed on
Nov 1, 2011
Sold by
Hughes Janet P
Bought by
Hughes Janet P and Turner Madelyn A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elcon Custom Builders Llc $715,000 None Available
Cavaretta Christopher J $390,000 Surety Title
Zammit Keith A $268,000 North American Title
Hughes Janet P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elcon Custom Builders Llc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2023 07/15/23 Sold $2,099,900 +5.0% --
05/02/2023 05/02/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $1,999,900 -4.8% --
04/22/2023 04/22/23 Off Market $2,099,900 -- --
04/21/2023 04/21/23 For Sale $1,999,900 +179.7% --
06/05/2021 06/05/21 Sold $715,000 -0.4% -- View Prior Sale
05/07/2021 05/07/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $718,000 +170.9% --
01/07/2014 01/07/14 Sold $265,000 0.0% -- View Prior Sale
10/30/2013 10/30/13 Pending -- -- --
11/17/2012 11/17/12 For Sale $265,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,900 $1,328,000 $170,900 $1,157,100
2024 $14,900 $1,328,000 $170,900 $1,157,100
2023 $1,830 $170,900 $170,900 $0
2022 $1,759 $170,900 $170,900 $0
2021 $3,011 $299,600 $170,900 $128,700
2020 $2,930 $299,600 $170,900 $128,700
2019 $2,897 $299,600 $170,900 $128,700
2018 $2,870 $299,600 $170,900 $128,700
2017 $2,825 $299,600 $170,900 $128,700
2016 $2,717 $299,600 $170,900 $128,700
2015 $2,681 $224,600 $170,900 $53,700
2014 $1,981 $224,600 $170,900 $53,700
Source: Public Records

Agents Affiliated with this Home

  • Kayla Noll

    Seller's Agent in 2023

    Kayla Noll

    Compass New Jersey-Ocean City (O463E)

    (732) 735-1918

    70 in this area

    135 Total Sales

    Kayla Noll
    Section Image
  • Eric Booth

    Seller Co-Listing Agent in 2023

    Eric Booth

    Compass New Jersey-Ocean City (O463E)

    (609) 602-2303

    79 in this area

    136 Total Sales

    Eric Booth
    Section Image
  • Ellen McGonigle

    Buyer's Agent in 2023

    Ellen McGonigle

    BHHS Fox & Roach

    (609) 602-7507

    71 in this area

    120 Total Sales

    Ellen McGonigle
    Section Image
  • Craig French

    Seller's Agent in 2014

    Craig French

    BERGER REALTY-Main

    (609) 408-3502

    Craig French
    Section Image
  • JAMES F MONTELEONE

    Buyer's Agent in 2014

    JAMES F MONTELEONE

    BERGER REALTY-A

    (609) 399-4211

    10 in this area

    13 Total Sales

    JAMES F MONTELEONE
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573256

South Jersey Shore Regional MLS

APN: 08-00607-0000-00001

New Jersey Cape May County Ocean City 08226

101 E 7th St, Ocean City, NJ

This home is located at 101 E 7th St, Ocean City, NJ 08226 since 21 April 2023 and is currently estimated at $1,867,519. This property was built in 2023. 101 E 7th St is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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