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Sold for $2,600,000
  • $2,600,000

    1 Michigan Ave, Ocean City, NJ 08226

    7beds
    --sqft
    Single Family Residence
    Built in 2023
    5,000 Square Feet Lot
    $2,963,200 Zestimate®
    $--/sqft
    $4,696 Estimated rent

    Home value

    $2,963,200

    $2.64M - $3.32M

    $4,696/mo

    Zestimate® history
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    What's special

    Electric fireplaceContemporary crown molding
    The Most affordable New Construction on a 50 ft. lot currently available on the island!! 7 bedrooms plus a flex room (can sleep 17). Luxury awaits in this custom-built single family home located in Ocean City's most desirable Riviera neighborhood. Featuring 7 bedrooms (plus a study)5 full baths along with 2 half baths, this one-of-a-kind home built by Dean Adams Custom Builders has tons of upgrades throughout and is ready for its new owners. This home boasts 3 levels of living along with a 4-stop elevator. The custom features include premium contemporary crown molding throughout the heart of the home, with ¾” thick hardwood flooring from top to bottom with added insulation in the walls, floors and ceilings to enhance the quietness of the home and a state of the art electric fireplace. The kitchen layout is suited for the largest kitchen island possible and additional cabinets to accommodate larger seating areas. Appliance package is Cafe’ Series by GE, also featuring a double oven, French -Door refrigerator, dishwasher, 36 inch gas cooktop, 24-inch microwave by Sharpe with concealed controls, two door wine and beverage cooler by Zephyr, as well as an oversized GE Washer & Dryer. The third-floor flex space, has endless options and can be used as a master bedroom suite, family room or office, and is equipped with a closet, a half bathroom and full bathroom, a coffee bar along with a wine and beverage cooler by Zephyr. The lucky new homeowners will also enjoy a beautiful 10x16 in-ground pool with a bullnose edge deck, a HUGE patio and multiple decks. The entrance ceilings on both front and rear composite decks have been upgraded to Versatex, prefinishedand pre colored canvas series soffits with a 30-year warranty on the finish. Upper floors have fiberglass decking with drainage. A front to back full ground level cemented floor (1,400 sq. feet) providing TONS of additional storage, perfect as owner’s closets for pool equipment, beach gear and so much more with multiple access locations under the entire home. There is enough room to park a minimum of 7 cars, with 1 attached garage and 1 detached garage. Additional attributes: upgraded lighting, audio system/Wi-Fi throughout the indoor and the outdoor of the home with speakers in the dining room, living room and all of the deck and pool space, pre-wired security system and cameras are located in the front and rear entrances of the home. A unique one-of-a-kind Riviera property close to the water that you will want to call Home. Easy to show, call today.

    Zillow last checked:

    Listing updated:

    Listed by:

    KAYLA NOLL 732-735-1918,

    Compass New Jersey-Ocean City (O463E),

    ERIC R BOOTH,

    Compass New Jersey-Ocean City

    Bought with:

    Justin Selby, 2320929

    Source: SJSRMLS,MLS#: 588622MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Elevator, Walk-In Closet(s)
    • Flooring: Hardwood
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Living Room

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Garage, Detached Garage
    • Has attached garage: Yes
    Accessibility
    • Accessibility features: Elevator
    Features
    • Levels: 3 Story
    • Stories: 3
    • Patio & porch: Deck, Porch
    • Exterior features: Deck, Outdoor Shower, Pool-In Ground, Porch
    • Pool features: In Ground
    Lot
    • Size: 5,000 Square Feet
    • Dimensions: 50 x 100
    Details
    • Parcel number: 9.02

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Tax assessed value: $1,490,200
    • Annual tax amount: $16,720
    • Date on market: 9/1/2024
    • Date available: 09/01/2024

    Price history

    DateEventPrice
    1/6/2025Sold$2,600,000-3.7%
    Source: SJSRMLS #588622 Report a problem
    12/26/2024Pending sale$2,699,999
    Source: SJSRMLS #588622 Report a problem
    10/3/2024Price change$2,699,999+3.8%
    Source: SJSRMLS #588622 Report a problem
    7/3/2024Price change$2,599,999-5.5%
    Source: SJSRMLS #586769 Report a problem
    4/26/2024Price change$2,750,000-1.8%
    Source: SJSRMLS #584650 Report a problem
    2/22/2024Listed for sale$2,799,999+0%
    Source: SJSRMLS #582461 Report a problem
    12/21/2023Listing removed--
    Source: SJSRMLS #578327 Report a problem
    11/26/2023Price change$2,799,9980%
    Source: SJSRMLS #578327 Report a problem
    10/28/2023Price change$2,799,999+12%
    Source: SJSRMLS #578327 Report a problem
    9/29/2023Price change$2,499,999-9.1%
    Source: SJSRMLS #577229 Report a problem
    7/7/2023Listed for sale$2,750,000
    Source: SJSRMLS #575644 Report a problem
    6/25/2023Listing removed--
    Source: Long & Foster Broker Feed Report a problem
    3/24/2023Listed for sale$2,750,000+120%
    Source: SJSRMLS #572375 Report a problem
    9/1/2022Listing removed--
    Source: Long & Foster Broker Feed Report a problem
    7/14/2022Price change$1,250,000-7.4%
    Source: SJSRMLS #565099 Report a problem
    6/9/2022Listed for sale$1,350,000+50%
    Source: Owner Report a problem
    7/23/2021Sold$900,000+0.1%
    Source: SJSRMLS #547134 Report a problem
    6/24/2021Pending sale$899,000
    Source: SJSRMLS #547134 Report a problem
    2/25/2021Listing removed--
    Source: Long & Foster Broker Feed Report a problem
    2/11/2021Listed for sale$899,000+93.3%
    Source: LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St #547134 Report a problem
    6/2/2017Sold$465,000-4.1%
    Source: SJSRMLS #473290 Report a problem
    2/9/2017Price change$484,900-2.8%
    Source: LONG AND FOSTER REAL ESTATE INC-Ocean City, West Ave #473290 Report a problem
    1/10/2017Price change$498,900-3.1%
    Source: LONG AND FOSTER REAL ESTATE INC-Ocean City, West Ave #473290 Report a problem
    10/6/2016Price change$514,900-1%
    Source: LONG AND FOSTER REAL ESTATE INC-Ocean City, West Ave #473290 Report a problem
    8/20/2016Listed for sale$519,900-2.8%
    Source: LONG AND FOSTER REAL ESTATE INC-Ocean City, West Ave #473290 Report a problem
    4/12/2016Listing removed$535,000+224.2%
    Source: BHHS Fox & Roach #458956 Report a problem
    2/24/1997Sold$165,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,720 +282.1%$1,490,200 +282.1%
    2024$4,376 +4.8%$390,000
    2023$4,177 -39.5%$390,000 -43.2%
    2022$6,903 +2.8%$686,900
    2021$6,718 +1.1%$686,900
    2020$6,642 +0.9%$686,900
    2019$6,581 $686,900
    2018$6,581 +5.6%$686,900
    2017$6,230 +1.3%$686,900
    2016$6,148 +1.5%$686,900
    2015$6,058 +4.8%$686,900
    2014$5,784 -8.9%$686,900
    2013$6,345 +4.1%$686,900 -15.2%
    2012$6,094 +2.6%$810,400
    2011$5,940 +3.8%$810,400
    2010$5,721 +4.4%$810,400
    2009$5,478 +27.6%$810,400 +0.2%
    2008$4,294 +3.1%$808,900 +88.4%
    2007$4,165 $429,400
    2006-- $429,400
    2005-- $429,400
    2004$4,165 $429,400
    2003-- $429,400 +121.8%
    2002-- $193,600
    2001-- $193,600
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

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    Estimated market value
    $2,963,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,963,200