$1,199,900
NEW CONSTRUCTION

703 North St Unit 5 Ocean City, NJ 08226

Estimated payment $7,038/month

Total Views 357
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • Deck
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • Den
  • Laundry Room

About This Home

Welcome to 703-705 North St – A Turnkey property in the Heart of The Gardens, Ocean City, NJ! Situated in one of Ocean City’s most coveted neighborhoods, this beautifully renovated home offers endless possibilities just steps from the beach. While it is zoned "residential," it is currently setup as two separate units. Whether you're looking for a full-time residence, a shore getaway with rental income, or a pure investment property, this two-unit gem delivers. The first-floor unit (703) features one bedroom, one full bathroom + laundry, a fully equipped kitchen, and inviting living space—perfect for a cozy personal retreat or guest suite. The second-floor unit (705) offers 2 bedrooms, 1 full bathroom, and a bright, open-concept kitchen and living area ideal for entertaining or vacation rental potential. Enjoy the flexibility of living in one unit while renting the other, leasing both for steady income, or using the entire property as your private shore escape. With an extended driveway offering off-street parking for up to three cars (incredibly rare for the area), convenience meets functionality. The home has been fully updated, with all major systems and finishes thoughtfully taken care of—just move right in and enjoy. It is also as low-maintenance as it gets (vinyl siding, white vinyl railings, trex treads, zero lawn-care). Out back, you'll find a quaint, private backyard, perfect for hosting barbecues or simply unwinding in the ocean breeze. This is a rare opportunity to own a versatile, turn-key property in the exclusive Gardens section of Ocean City. Don’t miss your chance to make 703-705 North St your beachside sanctuary or next great investment! Schedule your showing today and see all that this great property has to offer!

Listing Agent

Adam Brown

BHHS FOX and ROACH-Margate License #2076411 Listed on: 07/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,780

Parking

  • 3 Parking Spaces

Home Design

  • New Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Blinds
  • Dining Area
  • Den
  • Storage
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,780

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds
  • Lvt Date: 07/23/2025
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Vinyl
  • Interior Amenities: Kitchen Center Island, Storage
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Basement: Slab
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Shed, Sidewalks, Enclosed Outside Shower
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Electric, Multi-Zoned
  • Heating: Electric, Gas-Natural, Heat Pump, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 6X90,55x23
  • Lot Size: Less Than One Acre

Map

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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 $4,780 $426,000 $388,000 $38,000
2023 $4,562 $426,000 $388,000 $38,000
2022 $4,384 $426,000 $388,000 $38,000
2021 $3,178 $426,000 $388,000 $38,000
2020 $4,166 $426,000 $388,000 $38,000
2019 $4,119 $426,000 $388,000 $38,000
2018 $4,081 $426,000 $388,000 $38,000
2017 $4,017 $426,000 $388,000 $38,000
2016 $3,864 $426,000 $388,000 $38,000
2015 $3,813 $426,000 $388,000 $38,000
2014 $3,757 $426,000 $388,000 $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $1,199,900 +227.4% --
03/13/2020 03/13/20 Sold $366,500 -3.5% $416 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
12/11/2019 12/11/19 Price Changed $379,900 -5.0% $432 / Sq Ft
11/22/2019 11/22/19 For Sale $399,900 -- $454 / Sq Ft
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $397,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,000 Purchase Money Mortgage
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 598537

South Jersey Shore Regional MLS

APN: 08-00070-01-00002