$899,900

12 Walton Place Ocean City, NJ 08226

Estimated payment $5,150/month

Total Views 5,683
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Cottage
  • Tankless Water Heater
  • Ocean City Primary School Rated A
  • Skylights
  • Outdoor Shower

About This Home

Multi-Unit Opportunity in Ocean City's Bay Area! Welcome to 2 Walton Place—a rare 3-unit property in the heart of Ocean City’s sought-after bay area! This unique offering features a front duplex and a detached rear cottage, all on a spacious 120x25 ft lot. The front building offers two well-maintained units: Unit A (First Floor): 1 bedroom, 1 full bathroom Unit B (Second Floor): 2 bedrooms, 1 full bathroom Tucked behind the main building, the detached cottage is full of charm and coastal whimsy, offering 2 bedrooms and 1 full bathroom—perfect for summer guests, extended family, or rental income. Enjoy the privacy and character of the central courtyard, perfect for outdoor dining or relaxing after a beach day. The spacious front yard adds curb appeal and room to play, while 2 off-street parking spots complete this investment package. Just a short walk to the bay, beach, boardwalk, and downtown, this is a versatile property with endless potential—ideal for investors or a multi-generational beach retreat!

Listing Agent

Lorie Rice

BHHS FOX and ROACH-West Ave OC Listed on: 07/24/2025

BHHS FOX and ROACH-West Ave OC

Co-Listing Agent

Brad Rice

BHHS FOX and ROACH-West Ave OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,961

Home Design

  • Cottage
  • Cedar Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Stone Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Skylights
  • Outdoor Shower
  • Lot Dimensions are 120 x 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cottage
  • Age: 25+ Years
  • Lvt Date: 07/24/2025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Skylight(s)
  • Bedrooms: 5
  • Full Bathrooms: 3

Exterior Features

  • Outside Features: Outside Shower, Paved Road, Sidewalks
  • Siding Exterior: Cedar

Garage/Parking

  • Driveway: Stone
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Gas-Natural, Space/Wall/Floor
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric, Tankless-Gas

Lot Info

  • Lot Number: 7
  • Lot Dimensions: 120 x 25
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2024
  • Taxes: 2961

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,961 $263,900 $216,000 $47,900
2024 $2,961 $263,900 $216,000 $47,900
2023 $2,826 $263,900 $216,000 $47,900
2022 $2,716 $263,900 $216,000 $47,900
2021 $1,967 $263,900 $216,000 $47,900
2020 $2,581 $263,900 $216,000 $47,900
2019 $2,552 $263,900 $216,000 $47,900
2018 $2,528 $263,900 $216,000 $47,900
2017 $2,489 $263,900 $216,000 $47,900
2016 $2,394 $263,900 $216,000 $47,900
2015 $2,362 $263,900 $216,000 $47,900
2014 $2,328 $263,900 $216,000 $47,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $899,900 -10.0% --
08/04/2025 08/04/25 Price Changed $999,900 -9.1% --
07/24/2025 07/24/25 For Sale $1,100,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $119,000 --
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Closed $95,200 No Value Available
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 598616

South Jersey Shore Regional MLS

APN: 08-01010-0000-00007