807 E 8th St, Unit 402

$185,000
Price
Studio
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don’t miss this fully furnished studio in the Hanscom, just steps from the beach! Rented year-round, it generated nearly $36,000 in gross income in 2024 and over $25,000 in 2025, making it one of the building’s most profitable rentals. The studio is a well-known rental in the building, with a dedicated website that drives strong traffic and generates consistent inquiries and bookings - a benefit a new owner could immediately take advantage of. Inside, it features original flooring, a new AC, full...Don’t miss this fully furnished studio in the Hanscom, just steps from the beach! Rented year-round, it generated nearly $36,000 in gross income in 2024 and over $25,000 in 2025, making it one of the building’s most profitable rentals. The studio is a well-known rental in the building, with a dedicated website that drives strong traffic and generates consistent inquiries and bookings - a benefit a new owner could immediately take advantage of. Inside, it features original flooring, a new AC, full bathroom, kitchenette, dining area, and storage closet, creating a low-maintenance beachside retreat. The building offers a lobby, sitting area, elevator access, on-site laundry, and private storage for each unit. A low HOA fee covers utilities, building amenities and maintenance, insurance, and WiFi, with electric as the only separate expense. This is a cash-only purchase, as financing is not available. Conveniently located within walking distance of Sundae’s Ice Cream Shop, bike rentals, the OC Waterpark, shops, dining, and the boardwalk, this studio is ready to provide dependable rental income or serve as your own vacation getaway.
  1. Listed by CHERYL HUBER • BHHS FOX and ROACH-109 34th OC
  2. Listed by DEBORAH LONGENECKER • BHHS FOX and ROACH-109 34th OC

Property Details for 807 East 8th Street, Unit 402

City/Community
Ocean City
Class
CONDOMINIUM
Parking - Exterior
None
Waterfront (Y/N)
No
LISTING UPDATED: 11/29/2025 02:48 PM

Property Details for 807 East 8th Street, Unit 402

StatusActive
MLS #602511
Days on Market34
Taxes$675 / year
HOA Fees$400
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDOMINIUM / Condo
Year Built1928
CountyCape May County

Location

Listing Courtesy of BHHS FOX and ROACH-109 34th OC
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Building Information for 807 East 8th Street, Unit 402

Building/ComplexHomesteadFloor4Stories6Residences-Pet Policy-Pet Policy Details-Year Built1928

Payment Calculator

$1,370 per month

30 year fixed, 6.28% Interest

Principal and Interest

$914

Property Taxes

$56

HOA Dues

$400

The Payment Calculator is for illustrative purposes only.

Property Information for 807 East 8th Street, Unit 402

Summary
Location and General Information
  • Address: 807 E 8th Street
  • Address Direction: E
  • Address Number: 807
  • Address Search Number: 807
  • Address Street: 8th
  • Area: Ocean City/Central
  • Condo Name: Homestead
  • County: Cape May
  • Directions: 807 E 8th St, #402
  • Fips Code: 34009
  • Location: Beach Block, Boardwalk Area
  • State: NJ
  • Street Designation: Street
  • Unit #: 402
  • Zip: 08226
Parking
  • Garage: None
Taxes and HOA Information
  • Assoc Fee Includes: Amenities, Insurance, Maintenance, Sewer, Trash, Water, Cable
  • LVT Date: 11-19-2025
  • Management: Association
  • Monthly Assoc Fees: $400
  • Tax Year: 2024
  • Taxes: 675
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 702
  • Lot #: 25-C402
Property and Assessments
  • # of Levels in Unit: One
  • # of Stories in Bldg: Six to Ten
  • Associated Document Count: 4
  • Common Area Features: Elevator, Laundromat On Site, Outside Shower, Storage Facility
  • Doc Timestamp: 11-29-2025
  • New Construction: No
  • Total Assessment: 60200
  • Water: Public Water
  • Adult Community/55+: No
Utilities
  • Full Baths: 1
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Air Conditioning: Ceiling Fan(s), Window Units
  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 0
  • Half Baths: 0
  • Heating: Baseboard, Electric
  • Other Rooms: Dining Area
  • Rooms: 2
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No
Rental
Rental Information
  • Pets: No pets allowed

Property History for 807 East 8th Street, Unit 402

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Listed (Active)

SJSRMLS #602511

$185,000
Apr 29, 2022

Closed

SJSRMLS #560549

$151,000
Mar 14, 2022

Pending

SJSRMLS #560549

Mar 4, 2022

Listed (Active)

SJSRMLS #560549

$150,000
Apr 2, 2019

Expired

SJSRMLS #512591

$74,900
Oct 12, 2018

Listed (Active)

SJSRMLS #512591

$74,900
Apr 26, 2016

Closed

SJSRMLS #456323

$39,300
Apr 22, 2016

Closed (Public Record)

Public Record #570794466

$39,300

+21.7% / yr

Apr 3, 2016

Pending

SJSRMLS #456323

Oct 8, 2015

Listed (Active)

SJSRMLS #456323

$41,900
Jul 29, 2013

Closed (Public Record)

Public Record #366967892

$23,000

-7.9% / yr

Jul 29, 2013

Closed

SJSRMLS #413668

$23,000
Jul 7, 2013

Pending

SJSRMLS #413668

Jun 27, 2013

Listed (Active)

SJSRMLS #413668

$29,900
Jan 8, 2011

Closed

SJSRMLS #357925

$30,000
May 4, 2010

Closed (Public Record)

Public Record #289756642

$30,000

-21.6% / yr

Apr 8, 2010

Pending

SJSRMLS #357925

Apr 1, 2010

Listed (Active)

SJSRMLS #357925

$45,000
Oct 1, 2004

Closed (Public Record)

Public Record #595067232

$116,900
DateEvent & SourcePrice
11/19/2025

Listed (Active)

SJSRMLS #602511

$185,000
04/29/2022

Closed

SJSRMLS #560549

$151,000
03/14/2022

Pending

SJSRMLS #560549

03/04/2022

Listed (Active)

SJSRMLS #560549

$150,000
04/02/2019

Expired

SJSRMLS #512591

$74,900
10/12/2018

Listed (Active)

SJSRMLS #512591

$74,900
04/26/2016

Closed

SJSRMLS #456323

$39,300
04/22/2016

Closed (Public Record)

Public Record #570794466

$39,300

+21.7% / yr

04/03/2016

Pending

SJSRMLS #456323

10/08/2015

Listed (Active)

SJSRMLS #456323

$41,900
07/29/2013

Closed (Public Record)

Public Record #366967892

$23,000

-7.9% / yr

07/29/2013

Closed

SJSRMLS #413668

$23,000
07/07/2013

Pending

SJSRMLS #413668

06/27/2013

Listed (Active)

SJSRMLS #413668

$29,900
01/08/2011

Closed

SJSRMLS #357925

$30,000
05/04/2010

Closed (Public Record)

Public Record #289756642

$30,000

-21.6% / yr

04/08/2010

Pending

SJSRMLS #357925

04/01/2010

Listed (Active)

SJSRMLS #357925

$45,000
10/01/2004

Closed (Public Record)

Public Record #595067232

$116,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 807 East 8th Street, Unit 402

Taxable ValueLand$9,300Additions$50,900Total$60,200
Tax Record2024$675 ($56 / month)
Home Facts
Beds0Total Finished SqFt179 SqFtAbove Grade Finished SqFt179 SqFtStories1Lot Size8,024 SqFtStyleCondominiumYear Built1928CountyCAPE MAYAPN08 00702-0000-00025-0000-C402

Schools near 807 East 8th Street, Unit 402

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

St. Augustine Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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807 East 8th Street, Unit 402 is a condo for sale in Ocean City, NJ 08226. This property was listed for sale on November 19, 2025 by BHHS FOX and ROACH-109 34th OC, it's currently listed at $185,000. It has been on the market for a total of 34 days and was last sold on April 29, 2022. This listing's school district is Ocean City School District. Nearby schools include Ocean City Primary School, Ocean City Intermediate School and Ocean City High School. 807 East 8th Street, Unit 402 is a 0-bed, 1-bath, condo built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS FOX and ROACH-109 34th OC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.