1004 Ocean Avenue

1004 Ocean Avenue in Ocean City, NJ was first built in 1912 and is 112 years old. This has been categorized as a residential property type. There are a total of 3 floors. 1004 Ocean Avenue has 3,505 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 6,752 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $777,000 in Jan 4, 2024. Current property owners are expected to pay $7,993 in taxes per year. The property on 1004 Ocean Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $746,300. To break that down further, the land itself was valued at $746,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.