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Sold for $999,999
  • $999,999

    106 Reef Dr, Ocean City, NJ 08226

    3beds
    1,700sqft
    Townhouse
    Built in 1985
    -- sqft lot
    $1,088,700 Zestimate®
    $588/sqft
    $3,427 Estimated rent

    Home value

    $1,088,700

    $1.01M - $1.18M

    $3,427/mo

    Zestimate® history
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    What's special

    Beautiful Completely Remodeled (2021), 3 Bedroom, 3 Bath Townhome, with Tons of Storage, Facing Open Bay In Ocean Reef Development, the Best Kept Secret in Ocean City; From the Balcony View Fantastic Sunsets, the Boat Slip (That is Included at This Price), The Waterways and the Night in Venice Boat Parade Turns Around at the Balcony; It is the Best Seat in the House; Perfect Location in Development with 8 Guest Spots Outside the Building; Also There are 2 Designated Spots for This Townhome, One Right Outside the Building and the Other One on the Side; There is Never a Problem with Parking For Guests; Ocean Reef Amenities Include 2 Pools, One for Children and One for Adults, Outdoor Shower, Tennis Court, 2 Pickleball Courts, Kayak Storage and Ramp/Decking to Launch, a Yacht Club with 3 Sets of 10 Boat Slips; Ocean Reef is Located Off of Tennessee Ave, Which is Between 23rd and 22nd Streets off Bay Ave and Backs up to Municipal Park; Situated in Building 23, this Townhome Has Ease of Entry with a Combination Door Lock That Can be Assessed Remotely; Also Ring Camera Stays with Home, Great For Monitoring; Private Entrance with Bike Storage Under the Steps; The Entire Townhouse was Remodeled in 2021- Bathrooms, Kitchen, Luxury Vinyl Plank Flooring, Tile Flooring (no Carpeting) and All New Windows (2023) Except for the Kitchen Dining Area Triple Windows; Enter Into the Foyer with Tile Floor, Coat Closet; Full Bathroom with Stall Shower Off Foyer with Tile Floors and Walls, Custom Vanity with Quartz Top; 2 Story Family Room with Vaulted Ceiling, New Queen Sofa Bed, Blackout Curtains, Lighted Ceiling Fans, Built-In Bar/TV Cabinet, Sony TV with Sonos Speakers, Electric Fireplace, 8 Foot Sliders to Deck and Portico Windows; Large Deck Faces the Open Bay, Very Relaxing, with a Storage Closet Great for Beach Toys; Kitchen/Dining Area was Expanded and Opened with Quartz Coutners, Subway Backsplash, Custom Cabinets, Upgraded SS Appliances and Refrigerator, Hot/Cold Water Dispenser, Tons of Cabinets, Pantry Closet, Built-ins, Triple Windows with Views of the Open Bay and Sunsets, Recessed Lighting and Lighted Ceiling Fan; Second Bedroom with Full Bath, Linen Closet, Walk In Closet with Organizers, Lighted Ceiling Fan, New Sliding Doors to Private Deck to Relax; Second Bedroom Bathroom was Completed Gutted with Tile Floors and Walls, Custom Vanity and Lighting, Clear Glass Sliding Door in Shower and a Large Closet; Third Bedroom with 4 Bunk Beds, Recessed Lighting, New Windows, Closet with Organizers, and a Brand New Electrical Panel (Wall will Be Fixed around the panel); Spiral Staircase to the Amazing 2nd Floor with a Loft Office/Workout Area Overlooks the Entire Family Room and Kitchen Dining Area and Outside, Tons of Natural Light, with a Skylight; Laundry Room Closet with Full Stackable Front Loading Washer and Dryer (2021) and has a Vanity with a Sink, Water Heater(2021); Huge Master Bedroom with Vaulted Ceiling, TV and Sonos Bar, Electric Fireplace, Lighted Ceiling Fan, Newer Pottery Barn King Bed/Furniture, New Windows & Curtains, Full Wall of Closets & Storage Above; Master Bath with 8x5 Walk In Shower with Clear Glass Doors, 3 Shower Heads & a Slate Seat, Tiled Floors and Walls, High End Vanity/Cabinets & Portico Windows for Natural Light and View of the Fam Rm/Kitchen; WalkIn Attic with Built in Cabinets for Storage, and Tools; Boat Slip and Dock Box is Included and Has a Separate Parcel#, in the A-Dock Slip 7, Which is the 4th Slip on Your Right Walking Down from the Property; The A-Dock is the First One on the Left; Yacht Club Dues Were 1000 in 2024 and Only the Dock Owners are Permitted on Dock for the Parade or at Any Time; Heater & AC 2013; Owner is a NJ Licensed Realtor; This Home Will Not Last!!! Certified Pre-Owned Home Has Been Pre-Inspected, Report Available in MLS Downloads, See What Repairs Have Been Made If Any!

    Zillow last checked:

    Listing updated:

    Listed by:

    Diane Cardano-Casacio 215-576-8666,

    EXP Realty, LLC

    Bought with:

    NON MEMBER, 0225194075

    Non Subscribing Office

    Source: Bright MLS,MLS#: NJCM2003606MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Loft, Bathroom 2, Bathroom 3, Primary Bathroom
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer, Self Cleaning Oven, Oven/Range - Electric, Microwave, Built-In Range, Disposal, Energy Efficient Appliances, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Ice Maker, Instant Hot Water, Range Hood, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Heater, Electric Water Heater
    • Laundry: Upper Level, Has Laundry, Dryer In Unit, Washer In Unit, Laundry Room
    Features
    • Ceiling Fan(s), Dining Area, Eat-in Kitchen, Bathroom - Stall Shower, Upgraded Countertops, Attic, Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Spiral Staircase, Walk-In Closet(s), Cathedral Ceiling(s)
    • Flooring: Luxury Vinyl, Wood
    • Doors: Six Panel, Sliding Glass, Storm Door(s)
    • Windows: Energy Efficient, Insulated Windows, Double Pane Windows, Screens, Skylight(s), Sliding, Storm Window(s), Window Treatments
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Electric
    Interior area
    • Total structure area: 1,700
    • Total interior livable area: 1,700 sqft
    • Finished area above ground: 1,700
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Assigned, Lighted, Paved, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Lighting, Flood Lights, Lawn Sprinkler, Outdoor Shower, Storage, Sidewalks, Street Lights, Tennis Court(s), Underground Lawn Sprinkler
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: Bay, Water
    • Has water view: Yes
    • Water view: Bay,Water
    • Waterfront features: Shared, Bayfront, Boat - Electric Motor Only, Canoe/Kayak, Personal Watercraft (PWC), Sail, Bay
    • Body of water: Garnet Thorofare
    • Frontage length: Water Frontage Ft: 80
    Lot
    • Features: Backs - Open Common Area, Level
    Details
    • Additional structures: Above Grade, Below Grade
    • Additional parcels included: Boat Slip Valued at 60k;
    • Parcel number: 080335000015C97
    • Zoning: RES CONDO 6-3-3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary,Other
    • Property subtype: Townhouse
    Materials
    • Wood Siding, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 1985
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: No Septic System, Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities, Cable

    Community & HOA

    Community
    • Features: Pool
    • Security: Motion Detectors
    • Condo and coop fee: $1,764 quarterly
    • Subdivision: Ocean Reef
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Pier/Dock, Pool, Reserved/Assigned Parking, Tennis Court(s), Picnic Area, Common Grounds, Marina/Marina Club
    • Services included: Common Area Maintenance, Maintenance Structure, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Maintenance Grounds, Pier/Dock Maintenance, Trash, Pool(s), Parking Fee
    • HOA name: Ocean Reef Club Condominium Association
    Location
    • Region: Ocean City
    • Municipality: OCEAN CITY CITY

    Financial & listing details

    • Price per square foot: $588/sqft
    • Tax assessed value: $368,200
    • Annual tax amount: $4,021
    • Date on market: 6/7/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Washer, Dryer, Refrigerator, 2 Tvs With Sono Bar And Mounts(fam Rm And Master Br), 2nd Bedroom Tv And Mount, Fully Furnished Except Pictures And Floor Lamp In Dining Area, Mirror In Foyer Bath; 2 Person Kayak; All Beach Equipment; Boat Grille
    • Exclusions: Pictures And Floor Lamp In Dining Area, Mirror In Foyer Bath.
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/20/2024Sold$999,999$588/sqft
    Source: Bright MLS #NJCM2003606 Report a problem
    6/13/2024Pending sale$999,999$588/sqft
    Source: Bright MLS #NJCM2003606 Report a problem
    6/7/2024Listed for sale$999,999+163.2%$588/sqft
    Source: Bright MLS #NJCM2003606 Report a problem
    2/14/2003Sold$380,000+90%$224/sqft
    Source: Public Record Report a problem
    12/19/1995Sold$200,000$118/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,175 +25.3%$461,200 +25.3%
    2024$4,131 +4.8%$368,200
    2023$3,943 +6.6%$368,200
    2022$3,700 +2.8%$368,200
    2021$3,601 +1.1%$368,200
    2020$3,560 +33.9%$368,200
    2019$2,659 $368,200
    2018$2,659 -20.4%$368,200
    2017$3,340 +1.3%$368,200
    2016$3,295 +1.5%$368,200
    2015$3,248 +4.8%$368,200
    2014$3,100 -29.8%$368,200 -37.3%
    2012$4,416 +2.6%$587,200
    2011$4,304 +3.8%$587,200
    2010$4,146 +4.4%$587,200
    2009$3,969 +4.1%$587,200
    2008$3,812 +3.1%$587,200 +54%
    2007$3,698 $381,200
    2006-- $381,200
    2005-- $381,200
    2004$3,698 $381,200
    2003-- $381,200 +101.4%
    2002-- $189,300
    2001-- $189,300
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Ocean City Intermediate M.s.
    • High: Ocean City H.s.
    • District: Ocean City Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,088,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,088,700