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Sold for $340,000
  • $340,000

    5201 Ocean Ave APT 1003, Wildwood, NJ 08260

    1beds
    1baths
    1,050sqft
    Condo
    Built in 1971
    -- sqft lot
    $356,400 Zestimate®
    $324/sqft
    $1,958 Estimated rent

    Home value

    $356,400

    $321,000 - $396,000

    $1,958/mo

    Zestimate® history
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    $1,958/mo

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    $2,524/mo

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    $2,524/mo

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    What's special

    EASY TO SHOW - BEACH FRONT AT OCEAN TOWERS! This unit has enjoyed a great rental history, generating $1820/week in prime season - this is a strong income producer and at this price, a very attractive opportunity! There is nothing left to do but simply move in and enjoy this very spacious pool level one bedroom condominium, situated directly on the beach and world famous boardwalk in the North Tower of Ocean Towers. You'll love the location - right at the border of Wildwood and Wildwood Crest, and the beach and boardwalk are so close to this condo. The pool level location is very convenient - enjoy having access to the pool, grills, the beach and more right out your back door. Ocean Towers truly feels like a resort with cabanas, a gorgeous pool, hot tubs and plenty of areas to lounge and relax. The condo offers an open floor plan with bright living area, a kitchen with center island, full bath with tiled floor and a tub, and a HUGE bedroom that can easily accommodate 4 people - the perfect retreat after a long day at the beach. This unit offers upgrades such as newer carpeting, newer heat and air, newer tile in bath, a newer sliding door and utility door, newer upgraded electric box and and newer hot water heater with shut off valve. The condo will be sold mostly furnished. Amenities of Ocean Towers include a heated swimming pool, kiddie pool, whirlpool spa, huge sun deck with beautiful hardscape and landscape, cabanas, exercise room, sauna, community room, laundry rooms, elevator, covered parking for one car and security features. The assigned parking spot for this unit is the first in the row, which makes it very convenient. The condo fee covers the cost of water, sewer, common area maintenance and electric and common area insurances for flood, fire and liability, and professional property management. This unit would be ideal for personal use or investment purposes, as units at Ocean Towers rent very well due to the size of the units and the many amenities offered. You can rent by owner as well. Please note that the square footage quoted was taken from tax records, and should be verified by Buyer prior to purchase.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 1,050 sqft

    Property

    Parking
    • Parking features: Carport, Off-street
    Lot
    • Size: 1,049 Square Feet
    Details
    • Parcel number: 14000170000000010000C1003

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1971

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $366 monthly
    Location
    • Region: Wildwood

    Financial & listing details

    • Price per square foot: $324/sqft
    • Tax assessed value: $187,600
    • Annual tax amount: $5,630

    Price history

    DateEventPrice
    1/7/2026Sold$340,000+119.4%$324/sqft
    Source: Public Record Report a problem
    7/21/2015Sold$155,000-6.1%$148/sqft
    Source: Public Record Report a problem
    5/15/2015Price change$165,000-2.9%$157/sqft
    Source: Lees Real Estate Agency Report a problem
    11/22/2014Listed for sale$169,900+25.9%$162/sqft
    Source: Lees Real Estate Agency Report a problem
    10/22/2002Sold$135,000$129/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,630 $187,600
    2024$5,630 +2.5%$187,600
    2023$5,495 +6.3%$187,600
    2022$5,168 +2.4%$187,600
    2021$5,046 +3.7%$187,600
    2020$4,866 +3.8%$187,600
    2019$4,688 $187,600
    2018$4,688 +7.5%$187,600
    2017$4,360 +1.6%$187,600
    2016$4,290 +1.2%$187,600
    2015$4,240 +7.6%$187,600
    2014$3,942 $187,600
    Find assessor info on the county website

    Neighborhood: 08260

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $356,400
    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
    $356,400