703 1st Street

Ocean City, NJ 08226

$1,690,000
Price
4
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to Classic Beach Digs. Great opportunity to purchase an updated Classic Ocean City Family Beach house. Very strong rental income history. This home is ready to go and use. Located on prime buildable corner lot in great northend neighborhood. Close enough to walk to everything but far enough away from the hustle bustle to enjoy quiet days and nights on the porch. Enjoy this home, collect some rent and when you're ready, build new or restore. A prominent fixture of the local neighborhood for...Welcome to Classic Beach Digs. Great opportunity to purchase an updated Classic Ocean City Family Beach house. Very strong rental income history. This home is ready to go and use. Located on prime buildable corner lot in great northend neighborhood. Close enough to walk to everything but far enough away from the hustle bustle to enjoy quiet days and nights on the porch. Enjoy this home, collect some rent and when you're ready, build new or restore. A prominent fixture of the local neighborhood for a century, this home is located near one of the higher elevations on the island. Expanded cape with loads of charm and natural bright light, original details are maintained in updates. Great layout, one Master BR down, one up, laundry up.
  1. Listed by Kevin A Pierce • Corcoran Baer & McIntosh

Property Details for 703 1st Street

Complex/Subdivision
None
Zoning
Multi-Family, Single Family, Residential
Style
Cape
Waterview
No
Directions
Atlantic or Ocean to 1st

Location

Listing Courtesy of Corcoran Baer & McIntosh
Add your commute
LISTING UPDATED: 06/08/2024 06:33 PM

Property Details for 703 1st Street

StatusActive
MLS #22414289
Days on Market22
Taxes$5,539 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1920
Lot Size0.07 AC / 3,049 SF
CountyCape May County

Location

Listing Courtesy of Corcoran Baer & McIntosh
Add your commute

Building Information for 703 1st Street

Stories2Year Built1920Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$9,685 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,223

Property Taxes

$462

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 703 1st Street

Summary
Location and General Information
  • Area/Section: North End
  • Postal City: Ocean City
  • State: NJ
  • Municipality: Ocean City (OCA)
  • Block: 7
  • Apx Year Built: 1920.0
Parking
  • Garage: Detached, Oversized, Storage Above
  • Parking: Concrete, Oversized, Driveway
  • # Car Garage: 1.0
Taxes and HOA Information
  • HOA: No
  • Tax ID#: 08-00007-0000-00001
  • Taxes: $5,539.00
  • Tax Year: 2023
Property
Lot Information
  • Acreage: 0.07
  • Lot: 1
  • Lot Dimensions: 50 x 62
  • Lot Description: Corner Lot
Property and Assessments
  • Assessment - Total: 517200.0
  • Assessment - Improvements: 140600.0
  • Assessment Status: Assessed
  • Asmnt - Land: 376600.0
  • Possession: At Closing
  • Property Sub-Type: Single Family
Utilities
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingled
  • Exterior: BBQ, Porch - Covered, Lighting, Outdoor Shower, Other
Interior Features
  • Interior: Attic - Pull Down Stairs
  • # Levels: 2
  • Basement: Crawl Space
  • Dining Room: Floor - Wood
  • Energy Features: Storm Doors
  • Foyer: Floor - Wood
  • Great/Family Room: Floor - Wood
  • Kitchen: Floor - Ceramic
  • Living Room: Floor - Wood
  • Primary Bath: Floor - Ceramic, Floor - Porcelain
  • Primary Bedroom: Floor - Wood, Full Bath
  • Included: AC Units, Garbage Disposal, Window Treatments, Washer, TV, Stove, Screens, Refrigerator, Microwave, Light Fixtures, Gas Grill, Gas Cooking, Dryer, Dishwasher, Ceiling Fan(s), Blinds/Shades, Awnings
  • Excluded: personal items
  • Bedrooms: 4
  • Total Baths: 3.0
  • Full Baths: 3.0
  • Half Baths: 0.0
  • # Level 1 - Baths: 1.0
  • # Level 2 - Baths: 2.0
  • Siding: Vinyl
  • Rooms: 11

Property History for 703 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 703 1st Street

Taxable ValueLand$376,600Additions$140,600Total$517,200
Tax Record2022$5,322 ($443 / month)
Home Facts
Beds0Total Finished SqFt1,540 SqFtAbove Grade Finished SqFt1,540 SqFtStories2Lot Size3,101 SqFtStyleSingle Family ResidenceYear Built1920ZoningOW3CountyCAPE MAYAPN08 00007-0000-00001

Schools near 703 1st Street

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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703 1st Street is a single family home for sale in Ocean City, NJ 08226. This property was listed for sale on May 22, 2024 by Corcoran Baer & McIntosh, it's currently listed at $1,690,000. It has been on the market for a total of 22 days and was last sold on October 15, 2005. This listing's school district is Ocean City School District. Nearby schools include Ocean City Primary School, Ocean City Intermediate School and Ocean City High School. 703 1st Street is a 4-bed, 3-bath, single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Baer & McIntosh

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.