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Sold for $1,050,000
  • $1,050,000

    142 Reef Dr, Ocean City, NJ 08226

    3beds
    1,700sqft
    Townhouse
    Built in 1986
    521 Square Feet Lot
    $1,071,600 Zestimate®
    $618/sqft
    $4,542 Estimated rent

    Home value

    $1,071,600

    $964,000 - $1.19M

    $4,542/mo

    Zestimate® history
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    What's special

    Bedroom with a balconyBoat slips availableTennis courtsMassive walk in closetWalk in closetsPickleball courtsEn-suite bathroom
    Welcome home to the absolute premier unit in the exclusive and highly desired Ocean Reef Club in Ocean City. Tucked away yet in the heart of town, 142 Reef Dr offers the rare balance of proximity and privacy. Comprising of 3 beds and 3 full baths, this waterfront home on the top floor features an astonishing 80 FEET OF BAY FRONTAGE with unobstructed views of the intracoastal waterway, 2 designated parking spaces, an abundance of guest parking spots, and 2 gracious balconies with stunning bay views and an electric shade awning. While the property is a stone’s throw away from the heart of Ocean City, including the beach, destinations like Asbury Ave, and the boardwalk, the landscape design and thoughtful exterior layout ensure the feeling of a calm waterfront oasis. This residence consists of 3 full baths completed with high end finishes, including Restoration Hardware vanities and honed marble tile which complement the home’s elegant flow. Modern finishes and meticulous updates elevate every room with truly exquisite design, including stainless steel kitchen appliances, black granite countertops and backsplash, custom soft close cabinetry kitchen, with a peninsula that opens seamlessly to the large living room with soaring vaulted ceilings with a Nest thermostat. The common areas of the home are underscored with hardwood flooring throughout, new carpeting, Pottery Barn curtain rods, and fresh paint, a brand new ceiling fan/light, and Floss lighting in the dining area. Two guest bedrooms, including a bedroom with a balcony, a walk in closet and en-suite bathroom, offer comfort and flexibility for family and guests. The upper level provides a large loft/gym that serves as the perfect flex space for all of your needs, a laundry room, and a sensational primary bedroom with soaring ceilings, a massive walk in closet, and a luxurious bath. The home is also thoughtfully furnished with high end pieces, including furniture from Roche Bobois, Pottery Barn, Macy’s, Le Corbusier, and custom shelving from Peace of Wood in the living area, all of which are available for purchase separately, offering buyers the opportunity for a truly turnkey Ocean City bayfront residence. The HOA includes two sparkling pools (one heated), a jacuzzi, an outdoor shower, a clubhouse/event space, activities, tennis courts, pickleball courts, boat slips available, kayaking/canoeing, common area maintenance, bike storage, trash removal, snow removal, insurance, landscaping, and on site management, all within walking distance. The attention to detail in the construction is genuinely unrivaled and coupled with the low maintenance waterfront living, this residence lives more like a five star hotel than a traditional home. Available immediately for summer enjoyment. Don’t miss this opportunity - call today to schedule a showing and start living the dream!

    Zillow last checked:

    Listing updated:

    Listed by:

    Juliette Kousombos 267-626-3122,

    RE/MAX Affiliates

    Bought with:

    Non Subscriber

    Non Subscribing Office

    Source: Bright MLS,MLS#: NJCM2007000MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit
    Features
    • Has basement: No
    • Number of fireplaces: 1
    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
    • Total spaces: 2
    • Parking features: Driveway, Off Street, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Boat/Launch Ramp - Private, Canoe/Kayak, Private Access, Bay
    • Frontage length: Water Frontage Ft: 80
    Lot
    • Size: 521 Square Feet
    • Dimensions: 521 sq ft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 080335000015C139
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Stucco
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Pool
    • Subdivision: Riviera Lagoon
    HOA
    • Has HOA: Yes
    • Amenities included: Common Grounds, Community Center, Meeting Room, Pool, Tennis Court(s), Water/Lake Privileges
    • Services included: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Maintenance Grounds, Management, Parking Fee, Recreation Facility, Reserve Funds, Road Maintenance, Security, Snow Removal
    • HOA fee: $2,417 quarterly
    • HOA name: OCEAN REEF CLUB
    Location
    • Region: Ocean City
    • Municipality: OCEAN CITY CITY

    Financial & listing details

    • Price per square foot: $618/sqft
    • Tax assessed value: $368,200
    • Annual tax amount: $4,271
    • Date on market: 3/26/2026
    • Listing agreement: Exclusive Agency
    • Inclusions: Furniture Is Negotiable
    • Exclusions: Artwork, Accessories / Personal Items (i.e. Home Decor Like Coffee Table Books And Knick Knacks), The Television In The Living Room, And The Sculpture In Dining Room
    • Ownership: Condominium

    Price history

    DateEventPrice
    4/29/2026Sold$1,050,000-8.7%$618/sqft
    Source: Bright MLS #NJCM2007000 Report a problem
    3/30/2026Contingent$1,150,000$676/sqft
    Source: Bright MLS #NJCM2007000 Report a problem
    3/26/2026Listed for sale$1,150,000+187.5%$676/sqft
    Source: Bright MLS #NJCM2007000 Report a problem
    12/4/2013Sold$400,000-10.9%$235/sqft
    Source: Public Record Report a problem
    9/25/2013Listed for sale$449,000-10.2%$264/sqft
    Source: Prudential Fox and Roach #417959 Report a problem
    7/2/2011Listing removed$499,900$294/sqft
    Source: Ocean City Realty, Inc #372589 Report a problem
    4/10/2011Price change$499,900-5.7%$294/sqft
    Source: Ocean City Realty, Inc #372589 Report a problem
    4/2/2011Listed for sale$529,900+64.6%$312/sqft
    Source: Ocean City Realty, Inc #372589 Report a problem
    3/26/2001Sold$322,000$189/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,131 $368,200
    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 +0.9%$368,200
    2019$3,527 $368,200
    2018$3,527 +5.6%$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 +122.5%
    2002-- $171,300
    2001-- $171,300
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $1,071,600
    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
    $1,071,600