$329,900
PENDING

870 E 7th St Unit 420 Ocean City, NJ 08226

Estimated payment $1,981/month

-- Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Water Views
  • Unit is on the top floor
  • End Unit
  • Ocean City Primary School Rated A
  • Deck
  • Community Pool

About This Home

Fourth floor ocean facing unit at Ocean 7. Ocean 7 unit 420 is a fully furnished studio unit with bedroom, bath, and kitchenette. Excellent rental history grossing $35,000 last season. Currently $31,000 gross rent booked for rest of season. Located at the foot of the boardwalk at 7th street, features include off street parking, elevator, owner storage and heated pool. This family friendly Condo-Tel is nonsmoking and pet free. 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.

Listing Agent

John Kotakis

FOX REAL ESTATE-Brighton License #1436164 Listed on: 07/16/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,846

Parking

  • 1 Parking Space

Property Views

  • Water
  • Pool

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 3-Story Property
  • Shades
  • Carpet

Kitchen

  • Stove
  • Microwave

Utilities

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

Additional Features

  • Deck
  • End Unit
  • Unit is on the top floor

Community Details

Overview

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

Amenities

  • Building Patio
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,846

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Shades
  • Lvt Date: 07/16/2025
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Pool View, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

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

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Boardwalk Front

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Wall To Wall Carpet

Map

Range of Values:

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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 $1,846 $164,500 $89,000 $75,500
2023 $1,762 $164,500 $89,000 $75,500
2022 $1,693 $164,500 $89,000 $75,500
2021 $1,591 $164,500 $89,000 $75,500
2020 $1,609 $164,500 $89,000 $75,500
2019 $1,591 $164,500 $89,000 $75,500
2018 $1,576 $164,500 $89,000 $75,500
2017 $1,551 $164,500 $89,000 $75,500
2016 $1,492 $164,500 $89,000 $75,500
2015 $1,472 $164,500 $89,000 $75,500
2014 $1,451 $164,500 $89,000 $75,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $329,900 +8.3% --
01/14/2025 01/14/25 Sold $304,600 -4.7% --
12/09/2024 12/09/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $319,500 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $304,600 Surety Title
Deed $304,600 Surety Title
Deed -- --
Quit Claim Deed -- --
Deed $255,700 Lloyds & Handson Title Agenc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $204,560 Purchase Money Mortgage
Previous Owner $204,560 Unknown
Source: Public Records

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See All Homes in Ocean City

Source: South Jersey Shore Regional MLS

MLS Number: 598308

South Jersey Shore Regional MLS

APN: 08-00701-0000-00015-0000-C420

New Jersey Cape May County Ocean City 08226

870 E 7th St Unit 420, Ocean City, NJ

This home is located at 870 E 7th St Unit 420, Ocean City, NJ 08226 and is currently priced at $329,900. 870 E 7th St Unit 420 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.

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John Kotakis
Listing Agent
John Kotakis
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FOX REAL ESTATE-Brighton
(609) 622-4197