12 days on rocket

1 Michigan Ave, Ocean City, NJ, 08226

$2,750,000

6 Bedrooms
5 Full Baths, 2 Partial
3,323 SqFt
$828/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingThree or More Cars, Parking Pad, See Remarks
Attached Garage1 space
Year BuiltNew Const., 2023
HeatingForced Air, Natural Gas, Zoned
CoolingCeiling Fan(s), Central Air, Zoned
FireplaceBuilt-In, Living Room, See Remarks
Private PoolYes
MLS #584650
StatusActive

About 1 Michigan Ave

The Most affordable New Construction on a 50 ft. lot currently available on the island!! 6 bedrooms with the potential for 8! (can sleep 17). Luxury awaits in this custom-built single family home located in Ocean City's most desirable Riviera neighborhood. Featuring 6 bedrooms (plus a study) 5 full baths along with 2 half baths, this one-of-a-kind home built by Dean Adams Custom Builders has tons of upgrades throughout and is ready for its new owners. This home boasts 3 levels of living along with a 4-stop elevator. The custom features include premium contemporary crown molding throughout the heart of the home, with ¾” thick hardwood flooring from top to bottom with added insulation in the walls, floors and ceilings to enhance the quietness of the home and a state of the art electric fireplace. The kitchen layout is suited for the largest kitchen island possible and additional cabinets to accommodate larger seating areas. Appliance package is Cafe’ Series by GE, also featuring a double oven, French -Door refrigerator, dishwasher, 36 inch gas cooktop, 24-inch microwave by Sharpe with concealed controls, two door wine and beverage cooler by Zephyr, as well as an oversized GE Washer & Dryer. The third-floor flex space, has endless options and can be used as a master bedroom suite, family room or office, and is equipped with a closet, a half bathroom and full bathroom, a coffee bar along with a wine and beverage cooler by Zephyr. The lucky new homeowners will also enjoy a beautiful 10x16 in-ground pool with a bullnose edge deck, a HUGE patio and multiple decks. The entrance ceilings on both front and rear composite decks have been upgraded to Versatex, prefinished and pre colored canvas series soffits with a 30-year warranty on the finish. Upper floors have fiberglass decking with drainage. A front to back full ground level cemented floor (1,400 sq. feet) providing TONS of additional storage, perfect as owner’s closets for pool equipment, beach gear and so much more with multiple access locations under the entire home. There is enough room to park a minimum of 7 cars, with 1 attached garage and 1 detached garage. Additional attributes: upgraded lighting, audio system/Wi-Fi throughout the indoor and the outdoor of the home with speakers in the dining room, living room and all of the deck and pool space, pre-wired security system and cameras are located in the front and rear entrances of the home. A unique one-of-a-kind Riviera property close to the water that you will want to call Home. Easy to show, call today.

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Year Built: 2023
  • Stories: 3
  • Living Area: 3,323 SqFt

Listing Office:

  • Office Name: BHHS FOX and ROACH-109 34th OC
  • Office Phone: (609) 399-8200

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Walk In Closet
  • Fireplace: Built-In, Living Room, See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Curbs, Deck, Fenced Yard, Patio, Pool-In Ground, Porch, Sidewalks, Sprinkler System, Enclosed Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Three or More Cars, Parking Pad, See Remarks

Lot Features

Lot Information:

  • Lot: Curbs, Fencing, Sidewalk, Sprinklers

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Zoned

School Info

Assigned Schools Information:

  • Ocean City High School, Public District Grades 9-12
  • Ocean City Intermediate School, Public District Grades 4-8

Other

Directions Information:

  • Directions: Bay Avenue North to left on Michigan. House on right side

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,750,000
  • Price Per SqFt: $828/SqFt

Tax Information:

  • Annual Amount: $6,642
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

Med. Sold Price

$979K

Med. Price/SqFt

$688

Avg. Days On Market

66

# of Sold Homes

49

1 Michigan Ave vs Ocean City

12 DAYS ON ROCKET

-54 Days

$2,750,000

+$1.7M More

$828/SqFt

+$139 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $139/SqFt more than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #584650

Listing Office:

  • Office Name: BHHS FOX and ROACH-109 34th OC
  • Office Phone: (609) 399-8200

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2024, 9:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 03, 2021Home Sold
$900,000
Jun 19, 2017Home Sold
$465,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,642$686,900
2019$6,580$686,900
2018$6,581$686,900
2017$6,477$686,900

History based on county public records data.

Payment Calculator

$13.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,311

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-8960733
4
/10
  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 0.09 miles

  • Public District Grades 4-8

High School

school-card-donut-8960734
7
/10
  • Ocean City High School

  • 501 Atlantic Ave

  • 1.46 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,598. Typical income of Ocean City, NJ residents is between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1 Michigan Ave

What is the listing price of this property?

The listing price of 1 Michigan Ave property is $2,750,000.

What type of property is this?

The property 1 Michigan Ave is a house located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 1 Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1 Michigan Ave are:
Ocean City Intermediate School: GreatSchools Rating 4/10
Ocean City High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,642 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 3, 2021 for $900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1 Michigan Ave has 6 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 1 Michigan Ave is 3,323 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 Michigan Ave is 2023.
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Rocket HomesNew JerseyCape May CountyOcean City082261 Michigan Ave

This home is located at 1 Michigan Ave in Ocean City, NJ and zip code 08226. This 3,323 square foot home was built in 2023. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $2,750,000.

Ocean City, NJ housing market in April 2024 saw over 5 listings sold above listed price, more than 6 sold at listed price and over 28 sold below. Between March 2024 and April 2024, Ocean City, NJ real estate market has seen increase in the number of listings by 4.3%. While the average time on the market in April 2024 was 66 days, the median list price was $979,000.

From Rocket Homes Real Estate and based on county public records data.

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