13 days on rocket

5 Spinnaker Ct Unit 5, Ocean City, NJ, 08226

$624,900

Home List Price

$7,421*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
Condo
Schools Nearby

Location

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5 Spinnaker Ct Unit 5, Ocean City$624,900

Buyer Closing Credits

$7,421*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
HeatingNatural Gas
CoolingCeiling Fan(s), Central Air
FireplaceWood Burning
MLS #584288
StatusActive

About 5 Spinnaker Ct Unit 5

Rare Find in Ocean Reef! This spacious townhouse offers 2 large bedrooms, 1.5 baths, dressing area, 2 decks, freshly painted, new tankless h/w heater, new washer/dryer, new dishwasher, newer HVAC, and much more! The amenities at Ocean Reef are the best in Ocean City! Enjoy 2 heated pools, 2 tennis courts, clubhouse, marina access, beautifully manicured grounds, and more. Call today for more information on this incredible opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Stories: 2

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Boat Dock/Slip, Pool, Tennis Court(s)

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Close to Clubhouse, Dock/Boat Slip

Utilities

Utilities Information:

  • Heating: Natural Gas
  • 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: Tennessee Ave to Ocean Reef

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,900

HOA Fees:

  • Amount: $589
  • Frequency: Monthly
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Housing Market Comparison

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

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Ocean City, NJ

City

Med. Sold Price

$969.1K

Med. Price/SqFt

$682

Avg. Days On Market

56

# of Sold Homes

43

5 Spinnaker Ct Unit 5 vs Ocean City

13 DAYS ON ROCKET

-43 Days

$624,900

-$344.2K Less

KEY TAKEAWAY

This property is $344.2K less than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #584288

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

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, 9:25:21 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

$3,775

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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-4133124
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 0.67 miles

  • Public District Grades 4-8

High School

school-card-donut-4133125
7
/10

  • Ocean City High School

  • 501 Atlantic Ave

  • 2.15 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,598. Most Ocean City, NJ residents have annual incomes between $35k-100k. Most families are 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 5 Spinnaker Ct Unit 5

What is the listing price of this property?

The listing price of 5 Spinnaker Ct Unit 5 property is $624,900.

What type of property is this?

The property 5 Spinnaker Ct Unit 5 is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 5 Spinnaker Ct Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5 Spinnaker Ct Unit 5 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 5 Spinnaker Ct Unit 5 has 2 bedrooms and 1 full and 1 half bathrooms.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›5 Spinnaker Ct Unit 5

This home is located at 5 Spinnaker Ct Unit 5 in Ocean City, NJ and zip code 08226. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $624,900.

In March 2024, from all listings sold in Ocean City, NJ there were more than 8 sold above asking price, over 23 sold below and more than 5 were sold right at the asked price. In March 2024 in Ocean City, NJ there were 11% more homes for sale than in February 2024. In March 2024 median list price was $969,125 and the average listing age was 56 days.

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

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