BEST PRICED 5 Bedroom Condo in Ocean City!!!! This charming 2nd fl unit features HUGE wraparound porch with GREAT Ocean Views!!! Spacious layout with beautiful hardwood floors, Newer kitchen, original woodwork and trim, 5 large bedrooms, Living room, and full dining room!CLASSIC SEASHORE HOME! Location, Location, Location! Must see!
Sold for $825,000
$825,000
862 1st St #3, Ocean City, NJ 08226
5beds
2baths
660sqft
SingleFamily
Built in 1920
5,000 Square Feet Lot
$1,011,400 Zestimate®
$1,250/sqft
$3,692 Estimated rent
Home value
$1,011,400
$941,000 - $1.10M
$3,692/mo
Zestimate® history
Owner options
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$3,692/mo
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$3,692/mo
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$5,199/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Interior area
- Total interior livable area: 660 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 08001020000000280000C3
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
Condition
- Year built: 1920
Community & HOA
Location
- Region: Ocean City
Financial & listing details
- Price per square foot: $1,250/sqft
- Tax assessed value: $286,500
- Annual tax amount: $3,215
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Sold | $825,000+74.6%$1,250/sqft |
Source: Public Record Report a problem | ||
| 10/31/2014 | Sold | $472,500-5.5%$716/sqft |
Source: Agent Provided Report a problem | ||
| 9/8/2014 | Listed for sale | $499,900$757/sqft |
Source: Visual Tour #435196 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,215 | $286,500 |
| 2024 | $3,215 +4.8% | $286,500 |
| 2023 | $3,068 +6.6% | $286,500 |
| 2022 | $2,879 +2.8% | $286,500 |
| 2021 | $2,802 +1.1% | $286,500 |
| 2020 | $2,770 +0.9% | $286,500 |
| 2019 | $2,745 | $286,500 |
| 2018 | $2,745 +5.6% | $286,500 |
| 2017 | $2,599 +1.3% | $286,500 |
| 2016 | $2,564 +1.5% | $286,500 |
| 2015 | $2,527 -14% | $286,500 |
| 2014 | $2,939 +12% | $286,500 -17.9% |
| 2012 | $2,625 +2.6% | $349,100 |
| 2011 | $2,559 +3.8% | $349,100 |
| 2010 | $2,465 +4.4% | $349,100 |
| 2009 | $2,360 +34.7% | $349,100 |
| 2008 | $1,752 +3.1% | $349,100 +99.3% |
| 2007 | $1,699 | $175,200 |
| 2006 | -- | $175,200 |
| 2005 | -- | $175,200 |
| 2004 | $1,699 | $175,200 |
| 2003 | -- | $175,200 +169.5% |
| 2002 | -- | $65,000 |
| 2001 | -- | $65,000 |
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
$1,011,400
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
$1,011,400
- New Jersey
- Cape May County
- Ocean City
- 08226
- 862 1st St Unit 3