617 Ocean Avenue

Ocean City, NJ 08226

$875,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Ocean City NJ Duplex. 3 Bedrooms 2 Full Baths Upstairs and 2 Bedrooms 2 Full Baths Downstairs. 6th And Ocean Location Provides Easy Walking Distance To The Boardwalk And Downtown. Both Units Are Large at +/- 1300 Sq Ft Each. Features, Hardwood Flooring, Granite Counters And Updated Kitchen Downstairs, Central Air Downstairs, Updated Baths, 2 Gas Fireplaces Downstairs, Wood Burning Fire Place Upstairs, Laundry In Both Units, Back Deck, Back Patio, Outside Shower, And Plenty Of Parking. Sold Fully...Ocean City NJ Duplex. 3 Bedrooms 2 Full Baths Upstairs and 2 Bedrooms 2 Full Baths Downstairs. 6th And Ocean Location Provides Easy Walking Distance To The Boardwalk And Downtown. Both Units Are Large at +/- 1300 Sq Ft Each. Features, Hardwood Flooring, Granite Counters And Updated Kitchen Downstairs, Central Air Downstairs, Updated Baths, 2 Gas Fireplaces Downstairs, Wood Burning Fire Place Upstairs, Laundry In Both Units, Back Deck, Back Patio, Outside Shower, And Plenty Of Parking. Sold Fully Furnished And Equipped. Currently Used As A "Cash Flow Positive" Rental Income Investment. Gross Rental Income Of $74,005. Contact For Income And Expenses. Many Possible Uses Exist, Continue Operating A Profitable Rental Business, Use 1 Unit As Personal Residence, Convert Into Condos, Etc. For 3D Virtual Tour, Copy and Paste: https://bit.ly/617Ocean
  1. Listed by ADAM D'ANNUNZIO • Keller Williams Realty Jersey Shore-Ocean City

Property Details for 617 Ocean Avenue

City/Community
Ocean City
Class
MULTI-FAMILY
Parking - Exterior
Parking Pad, Three or More Cars
Waterfront (Y/N)
No

Location

Listing Courtesy of Keller Williams Realty Jersey Shore-Ocean City

Sold By GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Add your commute
LISTING UPDATED: 11/20/2021 09:31 AM

Property Details for 617 Ocean Avenue

StatusSold
MLS #553901
Days on Market58
Taxes$5,576 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1910
Lot Size0.09 AC / 3,900 SF
CountyCape May County

Location

Listing Courtesy of Keller Williams Realty Jersey Shore-Ocean City

Sold By GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Add your commute

Virtual Tour

Building Information for 617 Ocean Avenue

Stories-Residences2Year Built1910Building Size-Lot Size0.09 AC / 3,900 SF

Payment Calculator

$5,240 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$465

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 617 Ocean Avenue

Summary
Location and General Information
  • Address: 617 Ocean Ave
  • Address Number: 617
  • Address Search Number: 617
  • Address Street: Ocean
  • Area: Ocean City/Central
  • County: Cape May
  • Directions: 9th street, North on Ocean Ave.
  • Fips Code: 34009
  • Location: Historical District, Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08226
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 08-04-2021
  • Tax Year: 2020
  • Taxes: 5576
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 601
  • Lot #: 7
  • Lot Dimensions: 30x130
Property and Assessments
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Furnished
  • Associated Document Count: 0
  • New Construction: No
  • Total Assessment: 564400
  • Water: Public
  • Year Built: 1910
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Outside Shower, Patio
  • Siding/Exterior: Vinyl
Interior Features
  • Air Conditioning: Central, Window Units
  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Heating: Gas-Natural, Hot Water
  • Other Rooms: Dining Room, Eat In Kitchen, Kitchen, Living Room
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 1
  • # of 3 Bedroom Units: 1
  • Annual Electric: 2090.6
  • Annual Gas: 817.02
  • Annual Taxes: 5576
  • Annual Water: 944.01
  • Available: Lease Information, Utility Information
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Rental Information: 100 Percent Occupancy, Seasonal, Weekly
  • Separate Meters: Electric
  • Suitable For: Condo Conversion
  • Total Income: 74005
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 2
Unit 2
  • Unit 2 Baths: 2
  • Unit 2 Bedrooms: 3

Property History for 617 Ocean Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 617 Ocean Avenue

Taxable ValueLand$322,600Additions$241,800Total$564,400
Tax Record2021$5,672 ($473 / month)
Home Facts
Beds0Total Finished SqFt2,748 SqFtAbove Grade Finished SqFt2,748 SqFtStories2Lot Size3,899 SqFtStyleSingle Family ResidenceYear Built1910ZoningRMFCountyCAPE MAYAPN08 00601-0000-00007

Schools near 617 Ocean Avenue

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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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Jersey Shore-Ocean City

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.