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About This Home

This 1-bedroom, 1-bathroom condo at 840 Ocean Ave in Ocean City, NJ is listed for $179,900. on a N/A lot.

Agent Description

RENTAL POWERHOUSE! 2023 Income was $23,623.81, 2024 Income was $24,513.17, 2025 Income was $25,746. After all expenses, this unit generated $9,468.99 in 2025 net profits, generating a 5.25% return on invested dollars with a cash purchase, before factoring in tax write-offs and increased value due to inflation & market conditions.

Unit #14 @ The "Sifting Sands" Condo/Motel. 100% gutted, remodeled, improved & refurnished 2023, all new interior.. New "All-in-One" Kitchen, micro, frig/freezer, paint, window blinds, 40" wall-mounted swivel TV, AC unit, New Kitchen & bath cabs. New Toilet.

Sale inc. all-new pots, pans, kitchen supplies. Tiled throughout for maintenance-free ownership. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. The complex was remodeled and converted to condo/motel ownership in '04.

SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15-Oct 30) guarantees "hands off & hassle free" income. Convenient 1st floor location. Building open year 'round.

Block off some personal usage between rentals in the summer for your own usage (21 days max). Off-season usage non-restricted (Nov 1 - April 15) - use at your pleasure...use it, rent it yourself, rent it through a Realtor, whatever you'd like. Well run, stable, well funded professionally managed building.

Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car (w/minimal annual fee), bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & interior contents/liability insurance ($500/yr +/-).

VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Call Listing Agent for details & questions on personal usage & the Rental Program. The Motel is in full operation - All showings will be in-between Guests.

Property Details

1 full
#14

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$130
Interest$780
Insurance$52
HOA$375

Estimates only. Actual payments may vary.

Location

840 Ocean Ave

Ocean City, NJ 08226

Property Details

Heating

BaseboardElectric (Heating)

Cooling

ElectricWall Unit(s)

Appliances

Electric StoveMicrowaveRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 840 Ocean Ave is listed at $179,900. The estimated monthly payment is $1,155 based on 20% down at 6.5% interest.

HOA fees are $375/month.

This property is listed by JESSE BRIGLIA and can be reached at 6094429840.

JB

JESSE BRIGLIA

Agent at Fox Real Estate-Ocean

(609) 442-9840

Listed by Fox Real Estate-Ocean · View on Broker Site

MLS# 607900· Source: listhub· Updated 18 days ago

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, Ocean City, NJ 08226

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