840 Ocean Ave Unit 24 Ocean City, NJ 08226
Estimated payment $970/month
Highlights
- Corner Lot
- Furnished
- Community Pool
- Ocean City Primary School Rated A
- Ground Level Unit
- 1-minute walk to North Street Playground
About This Home
#24 Sifting Sands is 1st floor unit, in excellent condition, sleeping 4 people. In 2024 it grossed $14,790 in summer rentals add another $4,550 for the winter rental totaling $19,340.00. This unit has several upgrades that are reflected in the pictures. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! The complex was remodeled & converted to condo/motel ownership in 2004. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15 -Oct) guarantees "hands off & hassle free" income. Building open year 'round. Block off some personal usage between rentals in the summer (14 days max) and off season (Nov 1 - April 15) there are no usage restrictions - available for your use or rent by owner at your pleasure off-season. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car, bldg. insurance ( fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo+/-), property taxes & interior contents/liability insurance (@$500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITHTHIS. Take a real good look.....where else in OC can you get an apartment that sleeps 4 with a pool this close to the ocean and boardwalk at this price? Call Listing Agent for details & questions regarding personal usage & the Rental Program. The Motel is in full operation, so all showings have to be in-between Guests. Note: as of 5/25 no financing is available on this property. It is below the current lending sq.ft . minimum size requirement of 300 sq.ft. minimum.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $876
Parking
- 1 Parking Space
Home Design
- Concrete Siding
- Steel Siding
- Stucco
Interior Spaces
- 2-Story Property
- Furnished
- Blinds
Kitchen
- Stove
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Location
- Ground Level Unit
Utilities
- Air Conditioning
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Cable TV Available
Community Details
Overview
- Association fees include amenities, insurance, maintenance, management, sewer, trash, water, hot water, cable, pool
- Sifting Sands Condos
Recreation
- Community Pool
Pet Policy
- Pets Allowed
- Pet Restriction
Map
Home Values in the Area
Average Home Value in this Area
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 | $876 | $78,100 | $42,700 | $35,400 |
| 2024 | $876 | $78,100 | $42,700 | $35,400 |
| 2023 | $836 | $78,100 | $42,700 | $35,400 |
| 2022 | $804 | $78,100 | $42,700 | $35,400 |
| 2021 | $785 | $78,100 | $42,700 | $35,400 |
| 2020 | $764 | $78,100 | $42,700 | $35,400 |
| 2019 | $755 | $78,100 | $42,700 | $35,400 |
| 2018 | $748 | $78,100 | $42,700 | $35,400 |
| 2017 | $736 | $78,100 | $42,700 | $35,400 |
| 2016 | $708 | $78,100 | $42,700 | $35,400 |
| 2015 | $699 | $78,100 | $42,700 | $35,400 |
| 2014 | $689 | $78,100 | $42,700 | $35,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $169,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $169,000 | The Title Company Of Jersey | |
| Deed | $139,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,200 | Purchase Money Mortgage |
Source: South Jersey Shore Regional MLS
MLS Number: 596450
APN: 08-00804-0000-00017-0000-C24
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© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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