Seller's Agent in 2025
Marc Drabkoski
RE/MAX
(609) 827-1903
3 in this area
44 Total Sales
701 E 4th St Ocean City, NJ 08226
Studio
3
Baths
--
Sq Ft
2,004
Sq Ft Lot
Highlights
- The property is located in a historic district
- Corner Lot
- Laundry Room
- Ocean City Primary School Rated A
- Den
- 1-minute walk to Lake Memorial Park
About This Home
As of September 2025Now available a mixed use building in Ocean City's beautiful and historic North End. The building is in the Residential R2 zone, and is preexisting non-conforming use for the restaurant, upstairs you will find the two residential units. Former home to 701 Mosaic, a fifty seat restaurant with approved sidewalk seating for additional guests, this unique three story building is full of potential. Upstairs on the third floor is a three bedroom, one bath unit with interior and exterior stairs for access. The second floor is the home of the owners, some modifications were made to the floor plan, turning the three bedroom space into a one bedroom, harvesting a bedroom for use as a walk in closet, and extra cold and dry storage for the restaurant in the other bedroom. Easily return to a three bedroom by opening an old doorway, and closing the door to the "closet". Let's make your ownership dreams come true, and schedule your showing appointment today!
Last Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE License #00000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,659
Year Built
- Built in 1950
Lot Details
- Lot Dimensions are 40x50
- Corner Lot
Home Design
- Triplex
Interior Spaces
- Dining Area
- Den
Kitchen
- Self-Cleaning Oven
- Stove
- Dishwasher
Laundry
- Laundry Room
- Dryer
- Washer
Location
- The property is located in a historic district
Utilities
- Forced Air Zoned Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Baseboard Heating
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 1 / 304
Community Details
Overview
- 3 Units
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2024
Closed on
Sep 15, 2025
Sold by
Mcallwood Hilbert and Allwood Hilbert
Bought by
Best Choice Marina Llc
Seller's Agent
Marc Drabkoski
Re/Max Surfside-Cape May
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,575,000
Sold Price
$999,999
Premium/Discount to List
-$575,001
-36.51%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,418
Avg. Annual Appreciation
10.95%
Purchase Details
Closed on
Feb 7, 2005
Sold by
Ducky Charles Llc
Bought by
Mcallwood Hilbert and Womble Pamela L
Purchase Details
Closed on
Sep 27, 2004
Sold by
Teti Joseph G and Teti Joanne M
Bought by
Ducky Charles Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $999,999 | National Integrity | |
| Quit Claim Deed | -- | -- | |
| Deed | $523,000 | The Title Company Of Jersey |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Sold | $999,999 | -28.6% | -- |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | Price Changed | $1,399,900 | -11.1% | -- |
| 04/25/2024 04/25/24 | For Sale | $1,575,000 | -- | -- |
Source: South Jersey Shore Regional MLS
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 | $5,659 | $504,400 | $310,700 | $193,700 |
| 2024 | $5,402 | $504,400 | $310,700 | $193,700 |
| 2023 | $5,402 | $504,400 | $310,700 | $193,700 |
| 2022 | $5,190 | $504,400 | $310,700 | $193,700 |
| 2021 | $5,069 | $504,400 | $310,700 | $193,700 |
| 2020 | $4,933 | $504,400 | $310,700 | $193,700 |
| 2019 | $4,878 | $504,400 | $310,700 | $193,700 |
| 2018 | $4,832 | $504,400 | $310,700 | $193,700 |
| 2017 | $4,756 | $504,400 | $310,700 | $193,700 |
| 2016 | $4,575 | $504,400 | $310,700 | $193,700 |
| 2015 | $4,514 | $504,400 | $310,700 | $193,700 |
| 2014 | $4,760 | $539,700 | $383,000 | $156,700 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Drabkoski
-
A
Buyer's Agent in 2025
AGENT NON-MEMBER
NON-MEMBER OFFICE
Map
Source: South Jersey Shore Regional MLS
MLS Number: 595072
APN: 08-00304-0000-00001
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