$2,175,000
$325K PRICE DROP

611 E 7th St Ocean City, NJ 08226

Estimated payment $12,628/month

Total Views 7,452
17 Beds
17 Baths
6,440 Sq Ft
$338 Price per Sq Ft

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

This home is located at 611 E 7th St, Ocean City, NJ 08226 and is currently priced at $2,175,000, approximately $337 per square foot. This property was built in 1907. 611 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.

Listing Agent

Janet Cantwell-Papale

COMPASS RE - Moorestown License #9031080 Listed on: 03/28/2025

COMPASS RE - Moorestown

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,968

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Apartment
  • Location: Corner
  • District Township: 08-Ocean City
  • Estimated Year Built: 1907
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 611
  • Lot Size2: 45 x95
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1907

Interior Features

  • Total Bathrooms: 17
  • Basement: Full
  • Total Sq Ft: 6440
  • Other Rooms: Living Room

Exterior Features

  • Outside Features: Porch, Cable TV, Sidewalks

Garage/Parking

  • Parking: Parking Pad, Detached, Concrete Driveway, Black Top Driveway

Utilities

  • Cooling: Other
  • Heating: Gas Natural, Electric, Baseboard
  • Hot Water: Electric
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 26
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1046865
  • Zoning: RMF

Tax Info

  • Taxes: 6968
  • Tax Year: 2024

Multi Family

  • Number Of Units: 7

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $2,175,000 0.0% $338 / Sq Ft
05/30/2025 05/30/25 For Sale $2,175,000 -1.1% --
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
Source: Cape May County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $195,000 --
Deed $230,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,000 No Value Available
Source: Public Records

Similar Homes in Ocean City, NJ

  • 341 Central Ave, Ocean City, NJ 08226

    $2,780,000

    • Studio
    • 341 Central Ave
    • Ocean City, NJ

    Welcome to 341 Central Ave Duplex (1st Floor & 2nd Floor), Ready for Summer! Minus 3 walls New Construction by a Local OC Developer do not let your buyers miss this one! End cap street minimum thru traffic plus one of highest elevations in town. Unique build in an awesome neighborhood. This duplex in the heart of Ocean City, NJ. This multi-family property boasts a generous 3,400 square feet of

    Zach French Compass New Jersey-Ocean City (O463E)

    Section Image
  • 611 E 7th St, Ocean City, NJ 08226

    $2,175,000

    • Studio
    • 611 E 7th St
    • Ocean City, NJ

    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

    Janet Cantwell-Papale Compass Real Estate-Moorestown

    Section Image
  • 321 Wesley Ave, Ocean City, NJ 08226

    $1,899,000

    • Studio
    • 321 Wesley Ave
    • Ocean City, NJ

    Welcome to 321 Wesley Avenue – a unique historic oasis nestled in the heart of Ocean City’s beloved North End! This beautifully restored 1928 property seamlessly blends character, charm, and versatility, offering three distinct apartments on a generous 50 x 105 lot. Whether you seek a smart investment, a shore getaway, or a combination of both, this property caters to your needs. The

    Nicole Presnall BHHS FOX and ROACH-Simpson OC

    Section Image
  • 300 Wesley Ave, Ocean City, NJ 08226

    $1,699,000

    • Studio
    • 300 Wesley Ave
    • Ocean City, NJ

    Unique house with guest suite. LARGE CORNER LOT 50 X 120 with over 3000 sq ft of useable yard space. Property is located in the historic district but CONSIDERED NON CONTRIBUTING. BUILD A DUPLEX OR HUGE HOUSE! In the quiet north end of Ocean City that is less crowded and more relaxed compared to the central part of Ocean City. This makes it a great spot for families and people looking for a more

    Paula Hartman BHHS FOX and ROACH-Margate

    Section Image
  • 16 E 14th St, Ocean City, NJ 08226

    $1,739,900

    • Studio
    • 16 E 14th St
    • Ocean City, NJ

    Introducing 16-18 E 14th Street a multi-unit, corner property featuring (2) x 3 bedroom, 2 bathroom units, luxury vinyl flooring, quartz countertops, new entry steps and landing for both units, fully furnished and decorated, tons of off-street parking, outside shower, and so much more! Whether you are looking to add the perfect piece to your rental portfolio, use one unit and rent out the other,

    Jim Murray Keller Williams Realty Jersey Shore-Ocean City

    Section Image
  • 154-56 Ocean Rd, Ocean City, NJ 08226

    $1,799,900

    • Studio
    • 154-56 Ocean Rd
    • Ocean City, NJ

    Well built older "gardens" duplex close to the beach~ Being sold "As Is" First Floor unit has 4 bedrooms and 2.5 baths Second Floor has 2 bedrooms, 1 bath with a large front porch garage, off-street parking & a back yard~ Both units have central air and gas baseboard heat.

    Harry Vanderslice Compass New Jersey-Ocean City (O463H)

    Section Image

Source: Cape May County Association of REALTORS®

MLS Number: 250978

Cape May County Association of REALTORS®

APN: 08-00602-0000-00026