NOT LISTED FOR SALE

607 Ocean Ave Ocean City, NJ 08226

Estimated Value: $1,185,000 - $1,278,000

-- Bed
-- Bath
2,144 Sq Ft
$573/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $1,175,000 $548 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,173/month

62 Days on Market

About This Home

As of December 2024

Welcome to this charming duplex on Ocean Ave in the heart of Ocean City, NJ! Boasting beautiful curb appeal, this property offers two distinct units, making it a perfect investment opportunity or an ideal home for extended family living. The first unit features 3 spacious bedrooms, 2 full bathrooms, a modern kitchen, and an inviting living room. The second unit spans 2 floors and includes 4 bedrooms, 1.5 bathrooms, an additional lofted bedroom, a well-appointed kitchen, and a cozy living room with direct access to a deck and porch area, perfect for enjoying the ocean breeze. The backyard is equipped with an outdoor shower, adding to the convenience and appeal of this property. Additionally, there is ample parking for up to 6 cars, making it easy to accommodate guests. Don't miss out on this incredible property that combines comfort, style, and convenience in one of Ocean City's most desirable locations!

Last Agent to Sell the Property

Eleanor McKenna

eXp Realty - Montclair License #7856838 Listed on: 08/01/2024

eXp Realty - Montclair

Co-Listed By

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Last Buyer's Agent

Donna Ang

FOX REAL ESTATE-Brighton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,949

Lot Details

  • 3,049

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,949

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 08/31/2024
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 3250

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Dec 19, 2024
Sold by
Snug Harbour Oc Llc
Bought by
Roche Robert and Lavalla Danielle
Seller's Agent
Eleanor McKenna
eXp Realty - Montclair
Buyer's Agent
Donna Ang
FOX REAL ESTATE-Brighton
List Price
$1,400,000
Sold Price
$1,175,000
Premium/Discount to List
-$225,000
-16.07%
Views
82
Current Estimated Value
$1,227,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,686
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Sep 28, 2018
Sold by
Oc Vacations Llc
Bought by
Snug Harbour Oc Llc

Purchase Details

Closed on
Jan 1, 2004
Sold by
Rowell John D and Rowell Constance
Bought by
O C Vacations Llc

Purchase Details

Closed on
Oct 30, 2003
Sold by
Rowell John D
Bought by
Rowell John D and Rowell Constance

Purchase Details

Closed on
May 15, 1990
Sold by
Hendrickson Robert G and Hendrickson Mary A
Bought by
Rowell John D and Rowell Constance
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
Roche Robert $1,175,000 Elite Title Group
Roche Robert $1,175,000 Elite Title Group
Roche Robert $1,175,000 Elite Title Group
Snug Harbour Oc Llc $450,000 --
O C Vacations Llc -- --
Rowell John D -- --
Rowell John D $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oc Vacations Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $1,175,000 -16.1% $548 / Sq Ft
10/29/2024 10/29/24 Price Changed $1,400,000 +7.7% $653 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $1,300,000 -7.1% $606 / Sq Ft
08/01/2024 08/01/24 For Sale $1,400,000 -- $653 / Sq Ft
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 $5,949 $530,200 $322,600 $207,600
2024 $5,949 $530,200 $322,600 $207,600
2023 $5,678 $530,200 $322,600 $207,600
2022 $5,456 $530,200 $322,600 $207,600
2021 $4,945 $492,000 $322,600 $169,400
2020 $4,812 $492,000 $322,600 $169,400
2019 $4,758 $492,000 $322,600 $169,400
2018 $4,713 $492,000 $322,600 $169,400
2017 $4,640 $492,000 $322,600 $169,400
2016 $4,462 $492,000 $322,600 $169,400
2015 $4,403 $489,700 $322,600 $167,100
2014 $4,319 $489,700 $322,600 $167,100
Source: Public Records

Agents Affiliated with this Home

  • Eleanor McKenna

    Seller's Agent in 2024

    Eleanor McKenna

    eXp Realty - Montclair

    (856) 287-9023

    2 in this area

    74 Total Sales

    Eleanor McKenna
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Donna Ang

    Buyer's Agent in 2024

    Donna Ang

    FOX REAL ESTATE-Brighton

    (609) 703-8970

    61 in this area

    77 Total Sales

    Donna Ang
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 588607

South Jersey Shore Regional MLS

APN: 08-00601-0000-00009

New Jersey Cape May County Ocean City 08226

607 Ocean Ave, Ocean City, NJ

This home is located at 607 Ocean Ave, Ocean City, NJ 08226 since 01 August 2024 and is currently estimated at $1,227,686, approximately $572 per square foot. 607 Ocean Ave 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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