$1,290,000
SOLD JUL 22, 2025

807 3rd St Ocean City, NJ 08226

4 Beds
2 Baths
1,606 Sq Ft
3,006 Sq Ft Lot

Recently Sold

$803 Per Sq Ft

17% Below List Price

95 Days on Market

Highlights

  • Traditional Architecture
  • Instant Hot Water
  • Dogs Allowed
  • Ocean City Primary School Rated A
  • 90% Forced Air Heating and Cooling System

About This Home

As of July 2025

BETTER THAN NEW..$86,000 + RENTAL Income for 2024!!. RARE TOWNHOUSE!! Commercial elevator!! Come check out this beauty! This newer construction townhouse was built in 2018 and has 4 BR and 2 Bathrooms and 3 decks. This gem has a master suite (1 BR and 1 full bathroom) on the top floor with its own mini-split AC/heat unit provides the perfect temperature at all times and has a private deck. The elevator goes from the ground level (garage level) stops at the 2nd floor ( 3 BR's & 1bath) and the third floor(kitchen, dining & living area). This house comes beautifully furnished and is turn key so all you have to do is start collecting the rental income. There is an outside shower and parking for 1 car in garage and 1 car in the driveway. This property is located on the 800 block of 3rdst and is in walking distance to downtown, the boardwalk and all the famous OC attractions. OFFERED FULLY FURNISHED.

Last Agent to Sell the Property

Melissa Nallen

Realty Mark Advantage License #1757914 Listed on: 03/17/2025

Realty Mark Advantage

Last Buyer's Agent

Natalia Fogelstrom

Opus Elite Real Estate License #RS356486

Opus Elite Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,177

Year Built

  • Built in 2018

Parking

  • Off-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Foundation Flood Vent
  • Aluminum Siding

Interior Spaces

  • 1,606 Sq Ft Home
  • Property has 4 Levels
  • Instant Hot Water

Bedrooms and Bathrooms

Additional Features

  • Accessible Elevator Installed
  • Flood Risk
  • 90% Forced Air Heating and Cooling System

Listing and Financial Details

  • No Smoking Allowed

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,177

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Habitable Residence: No
  • Ownership: Condominium
  • Exclusions: furniture
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Buildout Allowance: No
  • Remarks Public: BETTER THAN NEW..$86,000 + RENTAL Income for 2024!!. RARE TOWNHOUSE!! Commercial elevator!! Come check out this beauty! This newer construction townhouse was built in 2018 and has 4 BR and 2 Bathrooms and 3 decks. This gem has a master suite (1 BR and 1 full bathroom) on the top floor with its own mini-split AC/heat unit provides the perfect temperature at all times and has a private deck. The elevator goes from the ground level (garage level) stops at the 2nd floor ( 3 BR's & 1bath) and the third floor(kitchen, dining & living area). This house comes beautifully furnished and is turn key so all you have to do is start collecting the rental income. There is an outside shower and parking for 1 car in garage and 1 car in the driveway. This property is located on the 800 block of 3rdst and is in walking distance to downtown, the boardwalk and all the famous OC attractions. OFFERED FULLY FURNISHED.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Flood Vent
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 1606
  • Living Area Sq Ft: 1606
  • Price Per Sq Ft: 868.62
  • Above Grade Finished Sq Ft: 1606
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 807

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Access To Pool: No
  • Pool Private: No
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Fencing: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: No
  • Electricity On Property: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • School District Key: 300200397020
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Irrigation Water Rights: No
  • Land Lease: No
  • Property Attached Yn: No
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No

Green Features

  • Green Verification: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 8177.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 07/22/2025
  • Tax Opportunity Zone: No

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
Jul 15, 2025
Sold by
807 3Rd Street Llc
Bought by
Mjs 307 3Rd St Llc
Seller's Agent
Melissa Nallen
Realty Mark Advantage
Buyer's Agent
Natalia Fogelstrom
Opus Elite Real Estate
List Price
$1,550,000
Sold Price
$1,290,000
Premium/Discount to List
-$260,000
-16.77%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.83%
Original Mortgage
$1,032,000
Outstanding Balance
$1,031,122
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$369,781

Purchase Details

Closed on
Jan 24, 2023
Sold by
Massaro Ralph and Rose Vena
Bought by
807 3Rd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2022
Sold by
Heck and Michele
Bought by
Massaro Ralph and Massaro Rose Vena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,290,000 Title Services
Deed $1,290,000 Title Services
Deed $1,400,000 Turnkey Title
Deed $999,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,032,000 New Conventional
Closed $1,032,000 New Conventional
Previous Owner $1,050,000 New Conventional
Previous Owner $647,200 New Conventional
Previous Owner $647,200 New Conventional
Previous Owner $201,850 Credit Line Revolving
Previous Owner $647,200 New Conventional
Previous Owner $615,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $1,290,000 -7.5% $803 / Sq Ft
04/26/2025 04/26/25 Price Changed $1,395,000 -6.7% $869 / Sq Ft
04/06/2025 04/06/25 Price Changed $1,495,000 -3.5% $931 / Sq Ft
03/17/2025 03/17/25 For Sale $1,550,000 -- $965 / Sq Ft
Source: Bright 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 $8,177 $728,800 $315,200 $413,600
2024 $8,177 $728,800 $315,200 $413,600
2023 $7,805 $728,800 $315,200 $413,600
2022 $7,499 $728,800 $315,200 $413,600
2021 $3,559 $728,800 $315,200 $413,600
2020 $6,895 $705,000 $315,200 $389,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM2004854

Bright MLS

APN: 08 00205-0000-00043-0000-C807