Back 402/807 E 8th St
Off Market

402/807 E 8th St

Ocean City NJ 08226

1
Condo
Last sold for $176,000
Cheryl HuberCheryl Huber, last sold this property on 11 May 2026 after 172 days on market.

Overview

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.

Features

1 bathroom
Condo

Estimated Value

Based on this property and similar condos sold in Ocean City over the last 12 months, the estimated median property value of 402/807 E 8th St is $951.11k.

Median value
$951.11k
Estimated value range
$105k - $4.65m
Median days on market
33
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ocean City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 402/807 E 8th St

2026
Sold
$176,000
11 May 2026 by Cheryl Huber, of BHHS Fox & Roach-109 34th St Ocean City
2022
Sold
$151,000
29 Apr 2022 by Hader Rivas, of eXp Realty - Montclair
2016
Sold
$39,300
26 Apr 2016 by ROBERT GULLO, of JESSE REAL ESTATE

Happy sellers in Ocean City

100%
100% of sellers in Ocean City reported that their sale price either exceeded or met their price expectations.

Ocean City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Ocean City over the last 12 months.

Local market activity for condos in Ocean City

In the last 12 months, 464 condos similar to 402/807 E 8th St, have been sold.

This represents a 15% increase in condos sales when compared to the previous 12 months.

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