$307,500
SOLD MAY 21, 2025

901 Ocean Ave Unit 318 Ocean City, NJ 08226

1 Bed
1 Bath
-- Sq Ft
2.99 Acres

Recently Sold

5% Below List Price

154 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Main Floor Primary Bedroom
  • Pool View
  • Ocean City Primary School Rated A
  • Corner Lot
  • 1-minute walk to North Street Playground

About This Home

As of May 2025

Discover the unmatched convenience of Watson's Regency, Ocean City's premier condo complex featuring the only indoor pool in town. This spacious 3rd-floor suite offers a raised balcony with views of the pool, perfect for relaxing after a day on the nearby beach and boardwalk. Inside, you’ll find a bright living room with a queen sofa bed, a full kitchen upgraded with granite countertops, a dining area, and a separate bedroom with a queen bed for added privacy. The recently remodeled bathroom bolsters tile flooring, granite countertops and a new bathtub. For peace of mind a new HVAC system was recently added to this unit. Take advantage of hassle-free ownership: the on-site front desk rents out your suite nightly, with daily housekeeping provided for your guests. Condo fees cover cable TV, WiFi, basic phone service, water, sewer, flood insurance, hazard insurance, and common area maintenance—ensuring peace of mind and steady income potential. Watson’s Regency boasts one of the island’s top rental addresses, making this an excellent choice for those seeking year-round availability with high investment income. Enjoy private covered parking, consistent rental income history, and seamless management. All owners must participate in the on-site rental program. Don’t miss this rare opportunity to own a piece of Ocean City’s most sought-after condo destination!

Last Agent to Sell the Property

Michael Sutley

Keller Williams Realty Jersey Shore-Ocean City Listed on: 11/05/2024

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Michaela Day

eXp Realty - Ocean City O382L

eXp Realty - Ocean City O382L

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,096

Lot Details

  • Building is beachfront but unit may not have water views

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Pool Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Parking Pad
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, hot water, cable, pool
  • Watsons Regency Condos
  • 6-Story Property

Amenities

  • Community Deck or Porch
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,096

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Blinds, Curtains, Drapes, Furnished
  • Lvt Date: 11/05/2024
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: Pool View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Room, Primary Br On 1st Floor
  • Common Area Features: Cable Tv, Elevator, Enclsd/Covered Porch, Laundromat On Site, Outside Shower, Pool, Security

Garage/Parking

  • Parking Exterior: One Car, Assigned, Parking Pad, Carport

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block, Corner, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Elevator

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
May 9, 2025
Sold by
Lendolo Oc Llc
Bought by
Stout James and Stout Laurie
Seller's Agent
Michael Sutley
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Michaela Day
eXp Realty - Ocean City O382L
List Price
$325,000
Sold Price
$307,500
Premium/Discount to List
-$17,500
-5.38%
Views
110
Current Estimated Value
$322,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,002
Avg. Annual Appreciation
20.99%
Original Mortgage
$207,500
Outstanding Balance
$207,146
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$115,356

Purchase Details

Closed on
May 17, 2022
Sold by
Watsons Regency Condominium Inc
Bought by
Given Not

Purchase Details

Closed on
Apr 9, 2002
Sold by
Schell Walter M
Bought by
Bader Stephen C and Bader Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
6.84%

Purchase Details

Closed on
Aug 23, 1997
Sold by
Jagielski Walter
Bought by
Schell Walter and Schell Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.36%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Pleasant Bay Ltd
Bought by
Tagielski Walter and Tagielski Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
8.51%
Source: Public Records

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Range of Values:

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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 $307,500 Title Company Of Jersey
Special Master Deed -- None Listed On Document
Deed $141,900 --
Deed $102,000 --
Deed $94,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $207,500 New Conventional
Previous Owner $237,000 New Conventional
Previous Owner $133,800 No Value Available
Previous Owner $79,000 No Value Available
Previous Owner $94,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $307,500 -5.4% --
04/08/2025 04/08/25 Pending -- -- --
11/05/2024 11/05/24 For Sale $325,000 +51.2% --
01/25/2019 01/25/19 Sold $215,000 -4.4% --
01/04/2019 01/04/19 Pending -- -- --
12/12/2018 12/12/18 Price Changed $225,000 -6.2% --
11/26/2018 11/26/18 For Sale $239,900 -- --
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 $3,096 $275,900 $173,800 $102,100
2024 $3,096 $275,900 $173,800 $102,100
2023 $2,955 $275,900 $173,800 $102,100
2022 $2,839 $275,900 $173,800 $102,100
2021 $2,058 $275,900 $173,800 $102,100
2020 $2,698 $275,900 $173,800 $102,100
2019 $2,668 $275,900 $173,800 $102,100
2018 $2,643 $275,900 $173,800 $102,100
2017 $2,602 $275,900 $173,800 $102,100
2016 $2,502 $275,900 $173,800 $102,100
2015 $2,469 $275,900 $173,800 $102,100
2014 $2,433 $275,900 $173,800 $102,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Sutley

    Seller's Agent in 2025

    Michael Sutley

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 473-6178

    9 in this area

    28 Total Sales

    Michael Sutley
    Section Image

  • M

    Buyer's Agent in 2025

    Michaela Day

    eXp Realty - Ocean City O382L

    (954) 318-8408

    1 in this area

    5 Total Sales

    Michaela Day
    Section Image
  • Adam D'Annunzio

    Seller's Agent in 2019

    Adam D'Annunzio

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 225-4975

    59 in this area

    139 Total Sales

    Adam D'Annunzio
    Section Image

  • L

    Buyer's Agent in 2019

    LORI MCCLOSKEY

    BERGER REALTY-A

    (609) 214-3078

    1 in this area

    2 Total Sales

    LORI MCCLOSKEY
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 590595

South Jersey Shore Regional MLS

APN: 08-00901-0000-00001-0000-C318

New Jersey Cape May County Ocean City 08226

901 Ocean Ave Unit 318, Ocean City, NJ

This home is located at 901 Ocean Ave Unit 318, Ocean City, NJ 08226 and is currently priced at $307,500. 901 Ocean Ave Unit 318 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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Information is deemed reliable but not guaranteed.
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