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.
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
Owner options
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$1,958/mo
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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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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
| Date | Event | Price |
|---|---|---|
| 1/7/2026 | Sold | $340,000+119.4%$324/sqft |
Source: Public Record Report a problem | ||
| 7/21/2015 | Sold | $155,000-6.1%$148/sqft |
Source: Public Record Report a problem | ||
| 5/15/2015 | Price change | $165,000-2.9%$157/sqft |
Source: Lees Real Estate Agency Report a problem | ||
| 11/22/2014 | Listed for sale | $169,900+25.9%$162/sqft |
Source: Lees Real Estate Agency Report a problem | ||
| 10/22/2002 | Sold | $135,000$129/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 3/10Glenwood Ave Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10Wildwood Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Wildwood High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$356,400
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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
$356,400
- New Jersey
- Cape May County
- Wildwood
- 08260
- 5201 Ocean Ave Apartment 1003