509 East 7th Street
509 East 7th Street
$949,999
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Description
Looking for an income generating property? Personal paradise? Look no further! So many options with this gem, earn income with one unit and enjoy the other, use both for yourself, renovate or enjoy as is! Property zoning is R-MF which allows for single and multi-family dwellings. This property’s ideal location puts you a short walk from the heart of Asbury Ave, beaches and boardwalk. Location, location, location. Entering the first floor unit you’ll be greeted by the bright and airy living and dining...Looking for an income generating property? Personal paradise? Look no further! So many options with this gem, earn income with one unit and enjoy the other, use both for yourself, renovate or enjoy as is! Property zoning is R-MF which allows for single and multi-family dwellings. This property’s ideal location puts you a short walk from the heart of Asbury Ave, beaches and boardwalk. Location, location, location. Entering the first floor unit you’ll be greeted by the bright and airy living and dining areas with original hardwood floors. This unit offers 2 bedrooms and 2 full bathrooms. While downstairs you’ll notice a perfect blend of upgrades with charm throughout. Some newly renovated areas include the ensuite bathroom with a carrera marble vanity as well as the kitchen which offers a brand new granite counter tops and breakfast bar and new lighting. But for those who appreciate the classics, the original hardwood flooring and clawfoot soaking tub will be sure to catch your eye as well. Moving upstairs, you’ll be welcomed by a wraparound deck, a perfect place to enjoy a meal and the summer breeze after a long day on the beach. The second floor unit which was recently renovated features 2 large bedrooms and 1 bathroom. You’ll notice the luxury vinyl wood plank flooring, and kitchen upgrades such as stainless steel appliances and granite counters. Property also has newer high end gas heating system, new instant hot water heater, enclosed outdoor shower and one off street parking area. A one year home warranty is included. Current owner is licensed NJ Realtor.
- Listed by Kari Lynn Fagan • eXp Realty - Montclair
Property Details for 509 East 7th Street
City/Community
Ocean City
ClassMULTI-FAMILY
Parking - ExteriorOne Car
Waterfront (Y/N)No
ZonedRMF
Location
LISTING UPDATED: 03/07/2024 12:09 PM
Property Details for 509 East 7th Street
Status | Active |
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MLS # | 581845 |
Days on Market | 87 |
Taxes | $3,885 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | MULTI-FAMILY / Duplex |
Year Built | 1920 |
Lot Size | 0.04 AC / 1,750 SF |
County | Cape May County |
Location
Building Information for 509 East 7th Street
Stories-Residences2Year Built1920Building Size-Lot Size0.04 AC / 1,750 SF
Payment Calculator
$5,508 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 509 East 7th Street
Property History for 509 East 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 509 East 7th Street
Taxable ValueLand$232,900Additions$129,800Total$362,700
Tax Record2022$3,732 ($311 / month)
Home Facts
Beds0Total Finished SqFt1,336 SqFtAbove Grade Finished SqFt1,336 SqFtStories2Lot Size1,751 SqFtStyleSingle Family ResidenceYear Built1920ZoningHD3CountyCAPE MAYAPN08 00603-0000-00025
Schools near 509 East 7th Street
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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