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Sold for $524,900
  • $524,900

    1027 Ocean Ave APT 6, Ocean City, NJ 08226

    2beds
    546sqft
    Condominium
    Built in ----
    -- sqft lot
    $585,200 Zestimate®
    $961/sqft
    $2,865 Estimated rent

    Home value

    $585,200

    $544,000 - $626,000

    $2,865/mo

    Zestimate® history
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    What's special

    Welcome to your dream coastal retreat in the heart of Ocean City, NJ! This fully renovated 2 bedroom 1.5 bathroom condo is a true gem, perfectly situated just steps away from the iconic Ocean City boardwalk. This condo has undergone a complete transformation with modern finishes and high-quality materials, ensuring you'll be living in style. The 3 mini-split AC/heating units were just installed in 2022 and the condo is being sold fully furnished and turn-key. Here's your chance to own a piece of paradise with all the features you've been searching for. Property Highlights: Location, Location, Location: Enjoy the best of Ocean City living with this prime location just off the famous boardwalk. Low HOA Fees & No Condo Buy-In Fee: This condo offers the advantage of some of the lowest HOA fees on the island, making it an excellent choice for cost-conscious buyers. Plus, there's no condo buy-in fee, so you can start enjoying your coastal oasis without any extra expenses. Pet-Friendly: Pet lovers rejoice! This is one of the rare complexes in Ocean City that welcomes your furry family members. Say goodbye to the stress of leaving your pets behind and make this condo your haven for both you and your four-legged friends. No Rental Restrictions: Whether you're seeking a permanent residence or a savvy investment property, you have the freedom to choose. There are no rental restrictions, giving you the flexibility to use the condo as a primary residence, a vacation getaway, or a lucrative rental property. Proven Rental History: If you're looking for an investment opportunity, this property has a proven rental history with gross rental income of over $30,000 per summer. And there's room for even more income with its prime location and untapped offseason potential. Don't miss out on this rare opportunity to own a fully renovated, pet-friendly condo with low HOA fees, no buy-in fee, and unlimited rental potential, all just steps from the Ocean City boardwalk. Whether you're looking for your own coastal haven or a smart investment, this condo has it all. Contact us today to schedule your private showing and make your Ocean City dream a reality!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Deckard,

    eXp REALTY

    Bought with:

    Non-Member Non-Member

    Non Member

    Source: CMCAOR,MLS#: 232520MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • Partial bathrooms: 1
    Heating
    • Electric, Baseboard
    Cooling
    • Electric, Ceiling Fan(s), Zoned
    Appliances
    • Included: Self Cleaning Oven, Microwave, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Windows: Blinds
    • Furnished: Yes
    • Common walls with other units/homes: No One Above
    Interior area
    • Total interior livable area: 546 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Car, Assigned
    Features
    • Levels: One
    • Entry location: Top Floor
    Lot
    • Features: Beach Block
    Details
    • Parcel number: 08010010000000070000C6

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Deck/Porch, Storage Facilities
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • HOA fee: $710 quarterly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $961/sqft
    • Tax assessed value: $240,400
    • Annual tax amount: $2,475
    • Date on market: 9/19/2023
    • Inclusions: Blinds, Rugs, Furniture

    Price history

    DateEventPrice
    3/4/2026Listing removed$1,500$3/sqft
    Source: Zillow Rentals Report a problem
    11/7/2025Price change$1,500-6.3%$3/sqft
    Source: Zillow Rentals Report a problem
    10/10/2025Price change$1,600-5.9%$3/sqft
    Source: Zillow Rentals Report a problem
    9/29/2025Price change$1,700-2.9%$3/sqft
    Source: Zillow Rentals Report a problem
    8/28/2025Price change$1,750-5.4%$3/sqft
    Source: Zillow Rentals Report a problem
    7/12/2025Listed for rent$1,850-11.9%$3/sqft
    Source: Zillow Rentals Report a problem
    6/12/2025Listing removed$2,100$4/sqft
    Source: Zillow Rentals Report a problem
    5/3/2025Listed for rent$2,100$4/sqft
    Source: Zillow Rentals Report a problem
    11/20/2023Sold$524,900$961/sqft
    Source: CMCAOR #232520 Report a problem
    9/28/2023Contingent$524,900$961/sqft
    Source: CMCAOR #232520 Report a problem
    9/28/2023Pending sale$524,900$961/sqft
    Source: SJSRMLS #577908 Report a problem
    9/18/2023Listed for sale$524,900+16.9%$961/sqft
    Source: SJSRMLS #577908 Report a problem
    6/30/2022Sold$449,000+74.4%$822/sqft
    Source: Public Record Report a problem
    9/2/2004Sold$257,500+210.2%$472/sqft
    Source: Public Record Report a problem
    4/6/1999Sold$83,000$152/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,913 $259,600
    2024$2,913 +13.1%$259,600 +8%
    2023$2,575 +10.1%$240,400 +3.3%
    2022$2,339 +2.8%$232,700
    2021$2,276 +1.1%$232,700
    2020$2,250 +0.9%$232,700
    2019$2,229 $232,700
    2018$2,229 +5.6%$232,700
    2017$2,111 +1.3%$232,700
    2016$2,083 +1.5%$232,700
    2015$2,052 +4.8%$232,700
    2014$1,959 -9.2%$232,700 -18.9%
    2012$2,159 +2.6%$287,100
    2011$2,104 +3.8%$287,100
    2010$2,027 +4.4%$287,100
    2009$1,941 +19.4%$287,100
    2008$1,626 +3.1%$287,100 +76.6%
    2007$1,577 $162,600
    2006-- $162,600
    2005-- $162,600
    2004$1,577 $162,600
    2003-- $162,600 +111.4%
    2002-- $76,900
    2001-- $76,900
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $585,200
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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
    $585,200