13 days on rocket

719 E 10th St Unit 301, 302, 303, Ocean City, NJ, 08226

$969,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
Condo
Schools Nearby

Location

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719 E 10th St Unit 301, 302, 303, Ocean City$969,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Off Site Parking
Attached GarageYes
HeatingElectric, Forced Air, Heat Pump, Zoned
CoolingCeiling Fan(s), Central Air, Electric, Zoned
WaterfrontWaterfront
ViewWater, Pool, See Remarks
MLS #584297
StatusActive

About 719 E 10th St Unit 301, 302, 303

Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed accommodations. The building, constructed in 2021, is under the management of an on-site property management firm, ensuring a hassle-free experience for proprietors. The management company oversees all facets of property management, encompassing rental procurement, upkeep, and reservations, thus rendering this investment opportunity truly hands-off. The previous owner effortlessly garnered $50,000 in rental revenue last year, with projections for this season already exceeding $55,000. The Impala Suites boast full occupancy throughout the summer, underscoring their popularity and potential for substantial returns. Positioned directly at the beach and boardwalk, the units offer breathtaking ocean vistas and convenient access to the pool. Distinguished from other units in the building, these residences feature a well-illuminated entry, forgoing the inconvenience of dim hallways. Seize the chance to invest in this fully-furnished opportunity at Impala Suites in Ocean City, where prime location, luxurious amenities, and robust rental income potential converge seamlessly.

Property Details

Property Features

Listing Office:

  • Office Name: Compass Real Estate-Sea Isle
  • Office Phone: (609) 263-8300

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Electric Stove, Intercom, Refrigerator
  • Flooring Type: Hardwood
  • Interior: Elevator, Foyer, Handicap Features, Master Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water, Pool, See Remarks
  • Exterior: Deck/Porch, Elevator, Enclosed/Covered Porch, Pool

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Off Site Parking

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned

School Info

Assigned Schools Information:

  • Ocean City High School, Public District Grades 9-12
  • Ocean City Intermediate School, Public District Grades 4-8

Other

Directions Information:

  • Directions: Turn right off of West Ave onto 10th St. Cross over Ocean Ave and the building is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $969,900

HOA Fees:

  • Amount: $555
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

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Ocean City, NJ

City

Med. Sold Price

$979K

Med. Price/SqFt

$688

Avg. Days On Market

66

# of Sold Homes

49

719 E 10th St Unit 301, 302, 303 vs Ocean City

13 DAYS ON ROCKET

-53 Days

$969,900

-$9.1K Less

KEY TAKEAWAY

This property is $9.1K less than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #584297

Listing Office:

  • Office Name: Compass Real Estate-Sea Isle
  • Office Phone: (609) 263-8300

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 5:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,974

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4553210
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 1.02 miles

  • Public District Grades 4-8

High School

school-card-donut-4553211
7
/10

  • Ocean City High School

  • 501 Atlantic Ave

  • 0.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,239. Residents of Ocean City, NJ typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 719 E 10th St Unit 301, 302, 303

What is the listing price of this property?

The listing price of 719 E 10th St Unit 301, 302, 303 property is $969,900.

What type of property is this?

The property 719 E 10th St Unit 301, 302, 303 is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 719 E 10th St Unit 301, 302, 303 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 719 E 10th St Unit 301, 302, 303 are:
Ocean City Intermediate School: GreatSchools Rating 4/10
Ocean City High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 719 E 10th St Unit 301, 302, 303 has 3 bedrooms and 3 bathrooms.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›719 E 10th St Unit 301, 302, 303

This home is located at 719 E 10th St Unit 301, 302, 303 in Ocean City, NJ and zip code 08226. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $969,900.

In April 2024 more than 5 listings in Ocean City, NJ were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 28 were sold below. The number of listings in Ocean City, NJ increased by 4.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $979,000, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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