901 Ocean 314, Ocean City, NJ 08226
Cape May County
Key Facts
Description
Prime Ocean City location just steps to the boardwalk and beach! This condo offers excellent rental history with strong demand due to its walk -able access to attractions, dining and shopping. A rare opportunity to own in one of Ocean City’s most desirable locations. Watson's Regency boasts the only indoor pool in Ocean City. This 3rd floor condo is complete with a balcony, living room with a queen sofa bed, full kitchen, dining area seating six, large bath and a separate bedroom with a queen bed. Upgrades include luxury vinyl plank flooring throughout living area, quartz kitchen counter-top and granite vanity top. Just steps from the beach and boardwalk. The front desk rents your suite on a nightly basis and offers daily housekeeping to your guests. Don't miss this one, make arrangements to see it now. Condo fees include cable TV, WiFi, basic phone service, water, sewer, flood insurance, hazard insurance & common area maintenance. Watson's boasts one of the island's best rental addresses, too...if high investment income is what you are after, look no farther. 2025 gross rental income exceeded 27K! Enjoy private covered parking. All owners must participate in the onsite Watson's Regency Rental program (no outside rentals permitted). Owner usage is limited to 30 nights per seasonal quarter. See breakdown below of seasonal quarters: Summer – June 21st to September 20th, Fall – September 21st – December 20th, Winter – December 21st – March 20th, Spring – March 21st - June 20th. Onsite Rental Management fee is 23% of the gross rental income plus $27.00 per occupied day for the maid service. Please see Agent Remarks. Seller Property Disclosure and monthly income statements in Associated Docs.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1989
Living Area
715 sq ft
Garage Spaces
1
Days on Market
34
MLS® Listing#
606454
Property Features
Interior
Appliances
Cooling
Heating
Community
Sewer
Water Source
Financial Details
Annual Taxes
$3,224
Affordability Calculator
$67,980
Estimated monthly payment
$1,809/mo
Principal $271,920 · Est. interest $379,353 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ocean City, NJ
- $618,308
- Median Listing Price
- 50
- Median Days on Market
- 1,400
- Median Sq Ft
- $419
- Median Price / Sq Ft
- 3,290
- Active Listings
- This home’s price is 45% below the area median.
- Its price per sq ft is 13% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ocean City, NJ.
Location
Points of Interest in Ocean City, NJ
Showing the Ocean City area map.
Nearby Schools
Ocean City High School
Secondary · 0.4 mi away
Ocean City Primary School
Elementary · 0.5 mi away
Ocean City Public Schools
School · 1.1 mi away
Ocean City Intermediate School
Secondary · 1.1 mi away
Saint Joseph Regional School
School · 3.0 mi away
Somers Point School District
Elementary · 3.0 mi away
Somers Point Board-Education
School · 3.0 mi away
Dawes Avenue School
Elementary · 3.4 mi away
Jordan Road School
Secondary · 3.5 mi away
Chartertech High School
Secondary · 3.8 mi away
Trinity Nursery School
Elementary · 3.9 mi away
Upper Township Elementary School
Elementary · 4.0 mi away
Linwood Nursery School
School · 4.0 mi away
Seaview Elementary School
Elementary · 4.1 mi away
Mainland Assembly of God
School · 4.1 mi away
Linwood Public Schools
Secondary · 4.5 mi away
Union Avenue Elementary School
Elementary · 4.8 mi away
Mainland Regional High School
Secondary · 4.8 mi away
William H Ross School
Elementary · 5.4 mi away
Margate City School District
Secondary · 5.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 526 Pacific 903, Atlantic City, NJ | $239,000 | 2 | — | 1,127 |
| 747 757 N Broad St. 203, Elizabeth City, NJ | $239,000 | 2 | 2 | — |
| 380 MOUNTAIN RD 110, Union City, NJ | $239,000 | 1 | 1 | 650 |
| 429 FAIRMOUNT AVE 403, Jersey City, NJ | $239,000 | 1 | 1 | 501 |
| 194 Kensington Avenue 303, Jersey City, NJ | $239,000 | 1 | 1 | 504 |
| 194 KENSINGTON AVE, Jersey City, NJ | $239,000 | 1 | 1 | — |
Moving Cost Estimate
EXIT Agents in Ocean City
Listing Courtesy: Fox Real Estate-Ocean - 6093995377