About This Home

This 1-bedroom, 1-bathroom condo at 840 Ocean Ave #45 in Ocean City, NJ is listed for $199,000. on a N/A lot.

Property Details

1 full
#45
Listing Description

Turnkey Investment Opportunity & Personal Getaway! Fully furnished, newly remodeled and decorated one-bedroom condo features a charming coastal theme. Looking for a profitable investment and personal use! Ideally located just two blocks from the beach, boardwalk, shopping, dining, and entertainment!

Owners are allowed pets. This property is an excellent income producer with on-site management during summer season, making it effortless to generate revenue. Owners reserve 21-days for personal use during summer season, and unlimited personal use off-season.

On-site summer rental program allows hassle free management and income. Owner decides if prefer to allow pets during summer rental season, at extra fee to renters, allowing additional income. Income for units during summer rental season known to gross $13-17,000+.

Off season (Nov 1-April 15), is non-restricted opportunity to use yourself or known to rent for additional income of $4,200+. Property Highlights: - Fully furnished, move-in ready - Strong rental income - On-site summer rental management includes following amenities: - Pool with finished sun deck and gas grill - Guaranteed parking space - Beach tags on loan for tenants - On-site cleaning services - Laundry facilities on-site

Monthly Cost Estimate

$1,439/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58
HOA$375

Estimates only. Actual payments may vary.

Location

840 Ocean Ave #45

Ocean City, NJ 08226

Property Details

Heating

Baseboard

Cooling

Ceiling Fan(s)

Appliances

Electric StoveMicrowaveRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 840 Ocean Ave is listed at $199,000. The estimated monthly payment is $1,439 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $375/month.

This property is listed by Alicia Medaglia.

AM

Alicia Medaglia

Agent at CENTURY 21 ALLIANCE-O1O4J

Listed by CENTURY 21 ALLIANCE-O1O4J · Broker phone: 6093995711 · View on Broker Site

MLS# 605211· Source: South Jersey Shore Regional MLS· 244 days on PropertySimple

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

840 Ocean Ave #45, Ocean City, NJ 08226

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