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    611 E 7Th St Ocean City, NJ 08226

    For Sale
    $1,575,000

    4 - 10 Units - Ocean City, NJ

    Property size:
    6,440 SF
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 611 E 7Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    rmf
    Rooms
    Basement
    Patio and Porch features
    Porch
    Exterior features
    Porch
    Basement Y/N
    1
    Size
    6,440 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    1907
    Number of units
    7

    Compass New Jersey-Ocean City (609) 322-7390

    Listing agent JANET CANTWELL-PAPALE (609) 322-7390 License #9031080

    Listing date Nov 18, 2025

    MLS# 596785 Listing URL

    Copyright © 2025 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.

    Overview

    Ocean City Multifamily Opportunity

    Located in the historic heart of Ocean City, NJ, the property at 611 East 7th Street offers a unique opportunity. Formerly the Cresent Lodge, this 6,440 square foot property is situated on a 4,321 square foot lot. The building features 11 kitchens and 17 baths. Previously used as a year-round rental unit, the property has been vacant for at least 2 years. Parking is available for up to 10 cars. Additional features include two outdoor showers and outdoor storage. The property is equipped with both gas and electric baseboard heat, along with two water heaters. Two coin-operated washers and dryers are also included. The property's zoning is rmf.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crescent Lodge Indoor Lodging

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.5714523
    Latitude
    39.2796592

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    FAQs

    What type of property is this?
    Apartment building - Historic Ocean City property with 11 kitchens and 17 baths.
    Where is this apartment building located?
    The property is located at 611 E 7Th St Ocean City, NJ.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: - Unique historic property: Formerly the Cresent Lodge, offering a unique opportunity in Ocean City.; - Exceptional space: 6,440 sq ft on a 4,321 sq ft lot, providing ample room for various uses.; - Multiple kitchens and baths: Features 11 kitchens and 17 baths, suitable for rentals or unique living arrangements.
    (609) 322-7390
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    611 E 7Th St Ocean City, NJ 08226
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    Ocean City, NJ 08226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    611 E 7Th St Ocean City, NJ 08226
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