NOT LISTED FOR SALE

870 E 7th St Unit 310 Ocean City, NJ 08226

Ocean City Area

Estimated Value: $332,824

1 Bed
1 Bath
-- Sq Ft
0.76 Acre Lot

Sale Details

Date Sold: November 22, 2024

Last sale price $315,000

Est. 6% increase in value since last sale

Current estimated payment $1,952 / mo

34 Days on Market

Highlights

  • Water Views
  • Deck
  • Furnished
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Community Pool

About This Home

As of November 2024

Welcome to Ocean 7, located steps from the Boardwalk and Beaches in OCNJ. This 1 Bedroom with 2 Queen Beds features an additional Sleeper Sofa to sleep 6. The unit also features a kitchenette with refrigerator, microwave, and cooktop. The Unit comes Fully Furnished and Equipped. The Ocean 7 is a Condominium Hotel that has a front desk and is professionally managed and rented nightly. There is an awesome Heated Pool and Sundeck. Association fees include water & sewer, hot water, flood & hazard insurance, common area maintenance, cable TV, Wi-Fi, & Electric. The building is open Seasonally from April through October. Gross Rental Revenue of $38,945 for 2023.

Last Agent to Sell the Property

Eric Booth

Compass New Jersey-Ocean City (O463E) Listed on: 08/27/2024

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Ryan Huck

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 0.76

Parking

  • 1 Parking Space

Home Design

  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

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

Community Details

Overview

  • Association fees include amenities, electric, insurance, maintenance, management, sewer, trash, water, hot water, cable, pool
  • Ocean 7 Condos

Amenities

  • Building Patio
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0.76 Acres

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Rugs
  • Year Built: 1972
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Cable Tv, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Pool

Exterior Features

  • Siding Exterior: Concrete

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water, Cable, Pool
  • Condo Name: Ocean 7
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Elevator, Hardwood Floors

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Nov 22, 2024
Sold by
Bought by
Seller's Agent
Eric Booth
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Views
62
Current Estimated Value
$332,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,824
Avg. Annual Appreciation
3.25%
Original Mortgage
$157,500
Outstanding Balance
$154,627
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$178,197

Purchase Details

Closed on
Feb 16, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2020
Sold by
Bought by

Purchase Details

Listed on
Feb 3, 2019
Closed on
Sep 6, 2019
Sold by
Bought by
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Eric Booth
Compass New Jersey-Ocean City (O463E)
List Price
$148,900
Sold Price
$140,000
Premium/Discount to List
-$8,900
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$105,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2017
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean City, NJ

  • Jack Yao Real Estate Agent - Realmart Realty, LLC

    Jack Yao

    Realmart Realty, LLC

    (732) 838-6992

    1,403 Total Sales

    2 in Ocean City

    $800K - $1.3M Price Range

    Jack Yao
     Section Image
  • SEAN MORRISEY Real Estate Agent - BHHS FOX and ROACH-109 34th OC

    SEAN MORRISEY

    BHHS FOX and ROACH-109 34th OC

    (640) 900-6730

    33 Total Sales

    28 in Ocean City

    $171K - $3M Price Range

    SEAN MORRISEY
     Section Image
  • Eric Millstein Real Estate Agent - Soleil Sotheby's International Realty - A

    Eric Millstein

    Responds Quickly

    Soleil Sotheby's International Realty - A

    (609) 739-9829

    146 Total Sales

    2 in Ocean City

    $650K - $860K Price Range

    Eric Millstein
     Section Image
  • MICHAEL RIORDAN Real Estate Agent - KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    MICHAEL RIORDAN

    KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    (609) 312-5310

    90 Total Sales

    2 in Ocean City

    $540K - $615K Price Range

    MICHAEL RIORDAN
     Section Image
  • Angela Desch Real Estate Agent - Keller Williams Realty Jersey Shore - Margate

    Angela Desch

    Keller Williams Realty Jersey Shore - Margate

    (640) 900-5520

    128 Total Sales

    2 in Ocean City

    $575K - $1.8M Price Range

    Angela Desch
     Section Image
  • GLADYS DELUCA Real Estate Agent - eXp Realty - Montclair

    GLADYS DELUCA

    eXp Realty - Montclair

    (609) 855-5708

    38 Total Sales

    1 in Ocean City

    $925,000 Price

    GLADYS DELUCA
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 Freedom Title
$26,500 None Listed On Document
$48,721 None Available
$140,000 Title Company Of Jersey
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $157,500
Previous Owner $105,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2024 11/22/24 Sold $315,000 -1.5% --
09/30/2024 09/30/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $319,900 +128.5% --
09/06/2019 09/06/19 Sold $140,000 -6.0% -- View Prior Sale
07/31/2019 07/31/19 Pending -- -- --
02/03/2019 02/03/19 For Sale $148,900 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,471 $131,100 $57,400 $73,700
2025 $1,471 $131,100 $57,400 $73,700
2024 $1,404 $131,100 $57,400 $73,700
2023 $1,404 $131,100 $57,400 $73,700
2022 $1,349 $131,100 $57,400 $73,700
2021 $978 $131,100 $57,400 $73,700
2020 $1,282 $131,100 $57,400 $73,700
2019 $1,268 $131,100 $57,400 $73,700
2018 $1,256 $131,100 $57,400 $73,700
2017 $1,732 $183,700 $95,600 $88,100
2016 $1,666 $183,700 $95,600 $88,100
2015 $1,644 $183,700 $95,600 $88,100
2014 $1,620 $183,700 $95,600 $88,100
Source: Public Records

Agents Affiliated with this Home

  • Eric Booth Real Estate Agent - Compass New Jersey-Ocean City (O463E)

    Seller's Agent in 2024

    Eric Booth

    Compass New Jersey-Ocean City (O463E)

    (609) 602-2303

    109 Total Sales

    Eric Booth
    Section Image
  • Ryan Huck Real Estate Agent - GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    Buyer's Agent in 2024

    Ryan Huck

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 425-8824

    93 Total Sales

    Ryan Huck
    Section Image
  • Robert Gullo Real Estate Agent - Fox Real Estate-Ocean

    Seller's Agent in 2019

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    142 Total Sales

    Robert Gullo
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 588465

South Jersey Shore Regional MLS

APN: 08-00701-0000-00015-0000-C310

New Jersey Cape May County Ocean City 08226

870 E 7th St Unit 310, Ocean City, NJ

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.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2026 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.