$310,000
SOLD MAY 30, 2025

870 E 7th St Unit 207 Ocean City, NJ 08226

1 Bed
1 Bath
-- Sq Ft
0.76 Acres

Recently Sold

5% Below List Price

183 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Community Pool
  • Ocean City Primary School Rated A
  • Furnished
  • Elevator

About This Home

As of May 2025

One of the best investment properties in town. Ocean 7 unit 207 is a fully furnished suite unit with living room, bath, bedroom, and kitchenette. Excellent rental history grossing $35,000 this season. This family friendly Condo-Tel is nonsmoking and pet free. Located at the foot of the boardwalk at 7th street features include off street parking , elevator, owner storage and heated pool. Excellent on-site management company which markets the building, handles rentals, linens and maid service. Condo fees cover management, flood insurance, cable TV, Wi-Fi, trash and all utilities. Make it your vacation getaway or join the management run rental program.

Last Agent to Sell the Property

Francis Brady

Fox Real Estate - Beachwatch Listed on: 10/28/2024

Last Buyer's Agent

Craig Troilo

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,005

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views

Community Details

Overview

  • Association fees include amenities, electric, management, trash, water, gas, hot water, air conditioning, heat, cable, pool
  • Ocean 7 Condos

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,005

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Blinds, Curtains, Drapes, Furnished
  • Lvt Date: 10/28/2024
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Common Area Features: Cable Tv, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Management, Trash, Water, Gas, Hot Water, Air Conditioning, Heat, Cable, Pool
  • Condo Name: Ocean 7
  • Management: On-Site Professionals

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
May 30, 2025
Sold by
Sherretta Carrie H
Bought by
Elghazaly Paul and Elghazaly Maryana
Seller's Agent
Francis Brady
Fox Real Estate - Beachwatch
Buyer's Agent
Craig Troilo
Compass New Jersey-Ocean City (O463E)
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%
Views
94
Current Estimated Value
$314,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,338
Avg. Annual Appreciation
4.44%
Original Mortgage
$232,500
Outstanding Balance
$231,903
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$82,435

Purchase Details

Closed on
Feb 19, 2016
Sold by
Hirschhorn Gloria
Bought by
Sherretta Carrie H

Purchase Details

Closed on
Nov 14, 2007
Sold by
Beaver Properties Llc
Bought by
Hirschhorn Marvin and Hirschhorn Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,760
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $310,000 Freedom Title
Deed $310,000 Freedom Title
Deed -- None Available
Deed $279,700 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,500 New Conventional
Closed $232,500 New Conventional
Previous Owner $223,760 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $310,000 -4.6% --
04/29/2025 04/29/25 Pending -- -- --
10/28/2024 10/28/24 For Sale $324,900 -- --
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 $2,005 $178,700 $95,600 $83,100
2024 $2,005 $178,700 $95,600 $83,100
2023 $1,914 $178,700 $95,600 $83,100
2022 $1,839 $178,700 $95,600 $83,100
2021 $1,748 $178,700 $95,600 $83,100
2020 $1,748 $178,700 $95,600 $83,100
2019 $1,728 $178,700 $95,600 $83,100
2018 $1,712 $178,700 $95,600 $83,100
2017 $1,685 $178,700 $95,600 $83,100
2016 $1,621 $178,700 $95,600 $83,100
2015 $1,599 $178,700 $95,600 $83,100
2014 $1,576 $178,700 $95,600 $83,100
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2025

    Francis Brady

    Fox Real Estate - Beachwatch

    (215) 801-7138

    7 in this area

    7 Total Sales

    Francis Brady
    Section Image
  • Craig Troilo

    Buyer's Agent in 2025

    Craig Troilo

    Compass New Jersey-Ocean City (O463E)

    (609) 226-1087

    47 in this area

    53 Total Sales

    Craig Troilo
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 590383

South Jersey Shore Regional MLS

APN: 08-00701-0000-00015-0000-C207

New Jersey Cape May County Ocean City 08226

870 E 7th St Unit 207, Ocean City, NJ

This home is located at 870 E 7th St Unit 207, Ocean City, NJ 08226 and is currently priced at $310,000. 870 E 7th St Unit 207 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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