611 E 7th St Ocean City, NJ 08226
Estimated payment $8,898/month
Highlights
- Property near a bay
- Corner Lot
- Porch
- Ocean City Primary School Rated A
- Detached Garage
- 3-minute walk to Veterans Memorial Park
About This Home
Welcome to 611 East 7th Street in the historic heart of Ocean City, NJ! This property is not just a house—it's a grand adventure waiting to happen. This is the old Cresent Lodge featuring 6,440 square feet of space nestled on a 4,321 square foot lot, this home is bursting with potential and endless possibilities. Once a bustling rooming house, this property boasts a whopping 17 baths and 11 kitchens. Perfect for anyone who loves options or perhaps dreams of winning a culinary world record. And with 17 rooms, this space can transform to meet the needs of any imaginative soul. Parking woes? Not here! You'll have room to spare with parking for up to 10 cars. And after a day at the beach, rinse off in one of the two outdoor showers or enjoy the convenience of outdoor storage for all your seaside gear. For the eco-conscious (or just comfort-seeking), the property features both gas and electric baseboard heat, complemented by two water heaters to ensure those 17 baths are always ready for their starring role and 2 coin-operated washers and dryers included! This was used as a year round rental and has been vacant for over 2 years. Whether you're drawn to its rich history or its promise of future possibilities, 611 East 7th Street is a canvas for your next chapter. Come explore the charm and character of this unique Ocean City gem!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,968
Year Built
- Built in 1907
Lot Details
- Lot Dimensions are 45 x95
- Corner Lot
Interior Spaces
- 6,440 Sq Ft Home
- Living Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 17 Bedrooms
- 17 Bathrooms
Parking
- Detached Garage
- Parking Pad
- Driveway
Outdoor Features
- Property near a bay
- Porch
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- Electric Water Heater
- Cable TV Available
Community Details
- 7 Units
Listing and Financial Details
- Legal Lot and Block 26 / 602
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,968 | $621,000 | $292,400 | $328,600 |
| 2024 | $6,968 | $621,000 | $292,400 | $328,600 |
| 2023 | $6,651 | $621,000 | $292,400 | $328,600 |
| 2022 | $6,390 | $621,000 | $292,400 | $328,600 |
| 2021 | $4,633 | $621,000 | $292,400 | $328,600 |
| 2020 | $6,073 | $621,000 | $292,400 | $328,600 |
| 2019 | $6,005 | $621,000 | $292,400 | $328,600 |
| 2018 | $5,949 | $621,000 | $292,400 | $328,600 |
| 2017 | $5,856 | $621,000 | $292,400 | $328,600 |
| 2016 | $5,632 | $621,000 | $292,400 | $328,600 |
| 2015 | $5,558 | $621,000 | $292,400 | $328,600 |
| 2014 | $5,477 | $621,000 | $292,400 | $328,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | Price Changed | $1,575,000 | -7.4% | $245 / Sq Ft |
| 10/07/2025 10/07/25 | Price Changed | $1,700,000 | -5.6% | $264 / Sq Ft |
| 08/26/2025 08/26/25 | Price Changed | $1,799,999 | -9.8% | $280 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $1,995,000 | -8.3% | $310 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $2,175,000 | -1.1% | $338 / Sq Ft |
| 05/19/2025 05/19/25 | Price Changed | $2,200,000 | -4.3% | $342 / Sq Ft |
| 05/10/2025 05/10/25 | Price Changed | $2,300,000 | -8.0% | $357 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $2,500,000 | -- | $388 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $195,000 | -- | |
| Deed | $230,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $137,000 | No Value Available |
Source: Cape May County Association of REALTORS®
MLS Number: 250978
APN: 08-00602-0000-00026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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