NOT LISTED FOR SALE

612 E 8th St Unit 2 Ocean City, NJ 08226

Estimated Value: $763,219

2 Beds
1 Bath
-- Sq Ft
1,002 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $510,000

Est. 50% increase in value since last sale

Current estimated payment $4,336/month

11 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • 2-minute walk to North Street Playground
  • Ocean City Primary School Rated A
  • Baseboard Heating

About This Home

As of January 2023

This unique property offers a commercial unit on the ground floor with an open floorplan and a charming 2 Bedroom, 1 Bathroom condominium on the second floor. This is a great opportunity to own a multi-unit building in the heart of Ocean City just steps to the beach and boardwalk.

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC Listed on: 01/03/2023

BHHS FOX and ROACH-West Ave OC

Co-Listed By

Jason Frost

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Dean Chorin

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Lot Details

  • 1,002

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Wood Flooring

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Starr Steven N
Bought by
Jgj Rentals Llc
Current Estimated Value
$763,219

Purchase Details

Listed on
Jan 3, 2023
Closed on
Jan 27, 2023
Sold by
Jakk Capital Llc
Bought by
Starr Steven N
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Jun 15, 2022
Sold by
Katherine R Mcnally Testamentary Trust
Bought by
Jakk Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 14, 2020
Sold by
Mcnally Katherine R Est
Bought by
Mcnully Kara M

Purchase Details

Closed on
Dec 16, 2019
Sold by
Mazz Mark J and Mazz Marsha K
Bought by
Mazz Ret

Purchase Details

Closed on
Nov 14, 2000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jgj Rentals Llc $700,000 Trident Land Transfer
Jgj Rentals Llc $700,000 Trident Land Transfer
Starr Steven N $510,000 Freedom Title & Abstract
Starr Steven N $510,000 Freedom Title & Abstract
Jakk Capital Llc $425,000 Freedom Title
Jakk Capital Llc $425,000 Freedom Title
Mcnully Kara M -- None Available
Mazz Ret -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jakk Capital Llc $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $510,000 -7.3% --
01/14/2023 01/14/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $549,900 -- --
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 $3,850 $343,100 $115,200 $227,900
2024 $3,850 $343,100 $115,200 $227,900
2023 $2,773 $258,900 $115,200 $143,700
2022 $2,206 $214,400 $115,200 $99,200
2021 $1,599 $214,400 $115,200 $99,200
2020 $2,097 $214,400 $115,200 $99,200
2019 $2,073 $214,400 $115,200 $99,200
2018 $2,054 $214,400 $115,200 $99,200
2017 $2,022 $214,400 $115,200 $99,200
2016 $1,945 $214,400 $115,200 $99,200
2015 $1,919 $214,400 $115,200 $99,200
2014 $1,891 $214,400 $115,200 $99,200
Source: Public Records

Agents Affiliated with this Home

  • Patrick Halliday

    Seller's Agent in 2023

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    212 in this area

    360 Total Sales

    Patrick Halliday
    Section Image
  • Jason Frost

    Seller Co-Listing Agent in 2023

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    136 in this area

    165 Total Sales

    Jason Frost
    Section Image
  • Dean Chorin

    Buyer's Agent in 2023

    Dean Chorin

    BHHS Fox & Roach

    (609) 602-0313

    131 in this area

    159 Total Sales

    Dean Chorin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 569880

South Jersey Shore Regional MLS

APN: 08-00804-0000-00010

New Jersey Cape May County Ocean City 08226

612 E 8th St Unit 2, Ocean City, NJ

Not Listed for Sale

Condos

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