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Off market
  • Tax assessed value
    $1,472,800

    815 5th St, Ocean City, NJ 08226

    15beds
    6,100sqft
    SingleFamily
    Built in 1915
    5,998 Square Feet Lot
    $-- Zestimate®
    $241/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    COME SEE this Incredible Single-Family/Multi-Family MONEY-MAKING 4-UNIT Estate Compound! Beautifully renovated CASH COW property consists of main home with 5+ beds/5 baths; plus 3 additional condos: one 4-Bed/2-Bath unit (w/handicap access) & two 3-Bed/2-Baths units. Charming Victorian is RENTAL MACHINE full of alluring character, boasts large living/dining & kitchen to entertain/sleep 17 in main house + 30guests in other 3 units. Main house has wide-plank hardwood floors; beautiful new kitchen; carved oak staircase w/original stained glass window; new Anderson windows throughout; decorative fireplace gorgeous walnut/mahogany bar; pocket oak doors; wide trim/arched doorways. All 4 units come w/fully equipped modern kitchens, appliances, granite tops; tiled baths & showers; new flooring; multiple porches, patios & outdoor living areas; & ocean views off 2nd/3rd fl. Plus, 8 onsite parking spots! Seller consistently generates impressive annual gross rentals (mostly from 3 units while living in Condo C). And you just can't beat the incredible BEACHBLOCK/Off-Boardwalk trophy location! Situated across street from Ocean City tennis courts, steps to beach/boardwalk/rides & few short block walk to downtown shopping/restaurants. Value opportunities like this to buy incredible BEACH HOME w/bonus units offered to in-laws/family/friends, or to rent for fabulous income streams simply don't come around -not in ANY market! Call Us Now & Submit Offer!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 13
    • Full bathrooms: 11
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave
    Features
    • Pantry, Dining Room, Dining Area, Storage, Bar, In-Law Quarters, Laundry/Utility Room, Eat In Kitchen, Master BR on 1st floor, Den/TV Room, Recreation/Family
    • Flooring: Tile, Hardwood
    • Windows: Insulated Windows, Blinds, Curtains
    • Basement: Slab
    • Attic: Storage
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total interior livable area: 6,100 sqft

    Property

    Parking
    • Total spaces: 3
    Accessibility
    • Accessibility features: Handicap Access, Handicap Features
    Features
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Stone, Stucco, Vinyl, Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Boardwalk Area, Beach Block
    Lot
    • Size: 5,998 Square Feet
    Details
    • Additional structures: Shed, Storage
    • Parcel number: 0800403000000030

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Multi Level
    Materials
    • Frame
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $241/sqft
    • Tax assessed value: $1,472,800
    • Annual tax amount: $15,774
    • Inclusions: Rugs, Blinds, Curtains, Furnished
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/28/2023Sold$1,605,000-3.2%$263/sqft
    Source: SJSRMLS #575690 Report a problem
    7/17/2023Pending sale$1,658,000$272/sqft
    Source: SJSRMLS #575690 Report a problem
    7/8/2023Listed for sale$1,658,000-33.7%$272/sqft
    Source: SJSRMLS #575690 Report a problem
    4/28/2021Sold$2,500,000$410/sqft
    Source: SJSRMLS #547394 Report a problem
    3/30/2021Listed for sale$2,500,000$410/sqft
    Source: Keller Williams #547395 Report a problem
    3/7/2021Listing removed--
    Source: Keller Williams Report a problem
    2/18/2021Listed for sale$2,500,000$410/sqft
    Source: Keller Williams Realty Jersey Shore-Ocean City #547394 Report a problem
    12/18/2011Listing removed$25,960+384.3%$4/sqft
    Source: Berger Realty Report a problem
    11/24/2011Price change$5,360-17.4%$1/sqft
    Source: Berger Realty Report a problem
    11/22/2011Listed for rent$6,490$1/sqft
    Source: Berger Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$15,774 +52.8%$1,472,800
    2022$10,322 +2.8%$1,472,800 +43.4%
    2021$10,045 +1.1%$1,027,100
    2020$9,932 +0.9%$1,027,100
    2019$9,840 $1,027,100
    2018$9,840 +5.6%$1,027,100
    2017$9,316 +1.3%$1,027,100
    2016$9,193 +1.5%$1,027,100
    2015$9,059 -9%$1,027,100
    2014$9,956 +12%$1,027,100 -13.1%
    2012$8,892 +2.6%$1,182,400
    2011$8,667 +3.8%$1,182,400
    2010$8,348 +4.4%$1,182,400
    2009$7,993 +5.1%$1,182,400
    2008$7,605 +3.1%$1,182,400 +55.5%
    2007$7,377 $760,500
    2006-- $760,500
    2005-- $760,500
    2004$6,286 $760,500 +17.4%
    2003-- $648,000 +103.8%
    2002-- $318,000
    2001-- $318,000
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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