862 1st St #2, Ocean City, NJ 08226 is a condo home that contains 1,676 sq ft and was built in 1920. It contains 5 bedrooms and 2 bathrooms. This home last sold for $945,000 in September 2023.
The Zestimate for this house is $1,164,000. The Rent Zestimate for this home is $7,046/mo.
Sold for $945,000
Street View
$945,000
862 1st St #2, Ocean City, NJ 08226
5beds
2baths
1,676sqft
Condo
Built in 1920
-- sqft lot
$1,164,000 Zestimate®
$564/sqft
$7,046 Estimated rent
Home value
$1,164,000
$1.08M - $1.27M
$7,046/mo
Zestimate® history
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$7,046/mo
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$5,995/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Other, Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,676 sqft
Property
Features
- Exterior features: Shingle (Not Wood), Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 08001020000000280000C2
Construction
Type & style
- Home type: Condo
Materials
- Frame
- Roof: Other
Condition
- Year built: 1920
Community & HOA
Location
- Region: Ocean City
Financial & listing details
- Price per square foot: $564/sqft
- Tax assessed value: $471,500
- Annual tax amount: $5,290
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2023 | Sold | $945,000+100%$564/sqft |
Source: Public Record Report a problem | ||
| 11/12/2014 | Sold | $472,500-5.5%$282/sqft |
Source: Public Record Report a problem | ||
| 9/5/2014 | Listed for sale | $499,900+437.5%$298/sqft |
Source: LONG and FOSTER REAL ESTATE INC-Ocean City #435196 Report a problem | ||
| 11/4/1994 | Sold | $93,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,290 | $471,500 |
| 2024 | $5,290 +5.5% | $471,500 +0.7% |
| 2023 | $5,014 +6.6% | $468,200 |
| 2022 | $4,705 +2.8% | $468,200 |
| 2021 | $4,579 +1.1% | $468,200 |
| 2020 | $4,527 +0.9% | $468,200 |
| 2019 | $4,485 | $468,200 |
| 2018 | $4,485 +5.6% | $468,200 |
| 2017 | $4,247 +1.3% | $468,200 |
| 2016 | $4,190 +1.5% | $468,200 |
| 2015 | $4,130 -6.6% | $468,200 |
| 2014 | $4,421 +12% | $468,200 -10.8% |
| 2012 | $3,948 +2.6% | $525,000 |
| 2011 | $3,848 +3.8% | $525,000 |
| 2010 | $3,707 +4.4% | $525,000 |
| 2009 | $3,549 +67.7% | $525,000 |
| 2008 | $2,116 +3.1% | $525,000 +148.1% |
| 2007 | $2,053 | $211,600 |
| 2006 | -- | $211,600 |
| 2005 | -- | $211,600 |
| 2004 | $2,053 | $211,600 |
| 2003 | -- | $211,600 +122.7% |
| 2002 | -- | $95,000 |
| 2001 | -- | $95,000 |
Find assessor info on the county website
Neighborhood: 08226
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Nearby schools
GreatSchools rating
- 7/10Ocean City Primary SchoolGrades: PK-3Distance: 0.7 mi
- 6/10Ocean City Intermediate SchoolGrades: 4-8Distance: 2 mi
- 8/10Ocean City High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,164,000
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
$1,164,000
- New Jersey
- Cape May County
- Ocean City
- 08226
- 862 1st St Unit 2
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