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126 Reef Dr Unit 126, Ocean City, NJ, 08226

$1,230,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,700 SqFt
$724/SqFt
Condo
Schools Nearby

Location

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126 Reef Dr Unit 126, Ocean City$1,230,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingTwo Car, Assigned
HeatingElectric
CoolingCeiling Fan(s), Central Air
WaterfrontBay Front, Waterfront
FireplaceLiving Room
ViewBay, Water
MLS #583289
StatusActive

About 126 Reef Dr Unit 126

BAY FRONT Ocean Reef 3 bedroom 2.5 bathroom condo with breathtaking unobstructed water views! Large 1700sqft unit! Completely renovated top to bottom for the homeowner's personal use - this is not a flip and has not been rented! Upgrades include new HVAC, hot water heater, hardwood flooring throughout the 1st floor, luxury vinyl plank flooring on 2nd floor and a new open floor plan created by local luxury home builder Marzilli construction which features custom kitchen and dining cabinetry, Cafe appliances, all new bathrooms with marble tile and custom vanities, custom window treatments and more! Don't miss this one of a kind home! Ocean Reef amenities include 2 pools, clubhouse, tennis courts, pickleball, kayaking/canoeing and private boat slips available for rent or purchase!

Property Details

Property Features

Property Information:

  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: BALSLEY/LOSCO
  • Office Phone: (609) 646-3207

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Fireplace(s), Foyer, Master Bath, Skylight, Walk in/Cedar Closet
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Waterfront
  • View: Bay, Water
  • Exterior: Seawall, Deck/Porch, Pool, Tennis Court(s)

Parking Information:

  • Attached Garage: No
  • Parking: Two Car, Assigned

Lot Features

Lot Information:

  • Lot: Seawall, Close to Clubhouse

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s), Central Air

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 Ave to Tennessee Ave to Ocean Reef

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,230,000
  • Price Per SqFt: $724/SqFt

HOA Fees:

  • Amount: $588
  • Frequency: Monthly
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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

126 Reef Dr Unit 126 vs Ocean City

43 DAYS ON ROCKET

-23 Days

$1,230,000

+$251K More

$724/SqFt

+$35 More

KEY TAKEAWAY

This property is $251K more than the Median Sold Price and $35/SqFt more than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #583289

Listing Office:

  • Office Name: BALSLEY/LOSCO
  • Office Phone: (609) 646-3207

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: 5/1/2024, 9:25:23 PM 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

$6,794

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,754

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-4400176
4
/10
  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 0.67 miles

  • Public District Grades 4-8

High School

school-card-donut-4400177
7
/10
  • Ocean City High School

  • 501 Atlantic Ave

  • 2.15 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. The majority of Ocean City, NJ residents have income between $35k-100k annually. Typical family type is married, 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 126 Reef Dr Unit 126

What is the listing price of this property?

The listing price of 126 Reef Dr Unit 126 property is $1,230,000.

What type of property is this?

The property 126 Reef Dr Unit 126 is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 126 Reef Dr Unit 126 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 126 Reef Dr Unit 126 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 126 Reef Dr Unit 126 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 126 Reef Dr Unit 126 is 1,700 SqFt (source: MLS/tax record).

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›126 Reef Dr Unit 126

This home is located at 126 Reef Dr Unit 126 in Ocean City, NJ and zip code 08226. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $1,230,000.

Over 5 listings were sold over their listed price in April 2024 in Ocean City, NJ. In the same period over 28 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Ocean City, NJ increased by 4.3% between March 2024 and April 2024. In April 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $979,000.

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

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