5 months on rocket

1027 Ocean Ave Unit 4, Ocean City, NJ, 08226

$509,900

Home List Price

$6,055*

Closing Credit

2 Bedrooms
1 Full Bath
564 SqFt
$904/SqFt
Condo
Schools Nearby

Location

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1027 Ocean Ave Unit 4, Ocean City$509,900

Buyer Closing Credits

$6,055*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Car
Year Built1968
HeatingBaseboard, Electric
CoolingCeiling Fan(s), Window Unit(s)
MLS #579487
StatusActive

About 1027 Ocean Ave Unit 4

Welcome to Dolphin Court in the heart of Ocean City NJ. This updated 2 Br/ 1 Bath condo is ready for you and your family to enjoy as a residence or investment property. The awesome location allows you to take in all that Ocean City has to offer with great beaches, iconic boardwalk, shopping and restaurants only steps away. The low HOA fees with no buy in fee, as well as an assigned parking space make this an excellent buying choice. In addition, this is one of a few condo complexes on the island that allows pets. Recent upgrades to the unit include laminate flooring throughout, new windows and storm door as well as newer AC units. Lastly no rental restrictions exist on this unit, so you are free to use this property as a residence, vacation home or rental machine! Make an appointment to see this in today!

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 2
  • Living Area: 564 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Electric Stove, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck/Porch, Outside Shower, Storage

Parking Information:

  • Attached Garage: No
  • Parking: One Car

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Ceiling Fan(s), Window Unit(s)

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: From 10th & west process east on 10th Street to Ocean Ave. Make a right on Ocean Ave to 1027 on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $509,900
  • Price Per SqFt: $904/SqFt

HOA Fees:

  • Amount: $267
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$969.1K

Med. Price/SqFt

$682

Avg. Days On Market

56

# of Sold Homes

43

1027 Ocean Ave Unit 4 vs Ocean City

165 DAYS ON ROCKET

+109 Days

$509,900

-$459.2K Less

$904/SqFt

+$221 More

KEY TAKEAWAY

This property is $459.2K less than the Median Sold Price and $221/SqFt more than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #579487

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: 4/29/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,879

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,595

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-2795139
4
/10
  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 0.97 miles

  • Public District Grades 4-8

High School

school-card-donut-2795140
7
/10
  • Ocean City High School

  • 501 Atlantic Ave

  • 0.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,239. The majority of Ocean City, NJ residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1027 Ocean Ave Unit 4

What is the listing price of this property?

The listing price of 1027 Ocean Ave Unit 4 property is $509,900.

What type of property is this?

The property 1027 Ocean Ave Unit 4 is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 1027 Ocean Ave Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1027 Ocean Ave Unit 4 are:
Ocean City Intermediate School: GreatSchools Rating 4/10
Ocean City High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1027 Ocean Ave Unit 4 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1027 Ocean Ave Unit 4 is 564 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1027 Ocean Ave Unit 4 is 1968.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›1027 Ocean Ave Unit 4

This home is located at 1027 Ocean Ave Unit 4 in Ocean City, NJ and zip code 08226. This 564 square foot home was built in 1968. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $509,900.

Ocean City, NJ housing market in March 2024 saw over 8 listings sold above listed price, more than 5 sold at listed price and over 23 sold below. In March 2024 in Ocean City, NJ there were 11% more homes for sale than in February 2024. While the average time on the market in March 2024 was 56 days, the median list price was $969,125.

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

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