$5,390,000

45 Walnut Rd Ocean City, NJ 08226

Estimated payment $30,887/month

Total Views 2,000
5 Beds
3.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Deck
  • Ocean City Primary School Rated A
  • Home fronts a lagoon or estuary
  • Family Room with Fireplace

About This Home

Custom Built Bayfront (Asher Assoc. Designed) on Sunny Harbor Lagoon! This Bayfront Beauty on an oversized 6000 sq ft. lot (52.68 x 114.37). 20% larger and longer than most Bayfront lots, especially in Riviera neighborhood allowing for an amazing outdoor living space.. Crafted to Resemble the Coastal Architectural Elegance of a Bygone Era by Renowned Architect Mark Asher who creates Homes that Defines "Timelessness and Grace. Built and cared for by Original Owner! NOT a Spec Build. Situated on the Beautiful Natural deep Lagoon of "Sunny Harbor" in the Highly Sought After Riviera Section of OCNJ, 45 Walnut Boasts Opulent Features and Amenities That Will Challenge the Most Discerning of Tastes: Hand Split Canadian White Cedar Siding where each shingle was individually dipped in Cabot Stain, Mahogany Porch Ceilings and Decks, Engineered Maple Hardwood Floors Throughout each room, Chef's Kitchen (NEFF Custom Wood Cabinetry with stainless steel interior drawers, Detailed Tile Backsplash, Miele Built in Cafe System, Wolf & Sub Zero Appliances, Steamer, warming drawer, Deep Fryer, etc.), Gorgeous Tiled Bathrooms Including Custom Built in Cabinetry and Vanities, Central Vacuum, Multi-Zoned Heat and Air (Two New Condensers), Expansive oversized Outdoor Living Space(1400 sq ft deck 37'x38') With Multiple Dining and Entertaining Areas along with a 10x24 Heated Pool with multiple jets and LED lighting Overlooking the Lagoon, New Timber Tech Decking in 2023, Sunbrite 55" Outdoor TV. Ample Interior and Exterior Storage, Exterior Gas Line for Grilling, Built in Sonos Speaker System with Multiple Zones (Including Exterior)... The Garage has been refinished with Heat and is currently utilized as an in Home Fitness Room with Top of the Line Nordictrack Equipment and a pull down Custom Garage door size Screen Door for your workouts.The List is Endless! Over 52' of Deep Water Bay Frontage on "Sunny Harbor" Along with Multiple Slips Provides for All of One's Boating and Water Sport Needs, not to mention a straight shot out to the Channel. A True Masterpiece in a Most Coveted Neighborhood where Waterfronts rarely hit the "Open Market"(Walnut Rd.)Low Flood Insurance Premium of $440. Would be impossible and be well over $1,000,000 to Duplicate today at the price offered by seller. A discerning buyer who knows Location, construction Value and Architecture will appreciate this home. Appointment and Pre-Qual requested.

Listing Agent

Kurt Feinstein

Compass New Jersey-Ocean City (O463E) License #8433313 Listed on: 08/07/2025

Compass New Jersey-Ocean City (O463E)

Co-Listing Agent

ZACHERY FEINSTEIN

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,217

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 52.60x 114
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Fenced

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Partially Furnished
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • Heated Garage

Outdoor Features

  • Boat Slip
  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,217

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 11 To 15 Years
  • Also Includes: Partially Furnished
  • Lvt Date: 08/07/2025
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room, Gas Log, More Than 1
  • Flooring: Hardwood, Tile
  • Interior Amenities: Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Boat Slip, Deck, Fenced Yard, Porch, Shed
  • Siding Exterior: Brick, Cedar, Wood Shingle
  • Waterfront: Yes

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Heated Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Number: 15
  • Location: Bay Front, Bulkheaded, Docks, Lagoon Front, Water View
  • Lot Dimensions: 52.60x 114
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2024
  • Taxes: 18010

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 $18,217 $1,623,600 $746,000 $877,600
2024 $18,217 $1,623,600 $746,000 $877,600
2023 $17,389 $1,623,600 $746,000 $877,600
2022 $16,707 $1,623,600 $746,000 $877,600
2021 $12,112 $1,623,600 $746,000 $877,600
2020 $15,879 $1,623,600 $746,000 $877,600
2019 $15,700 $1,623,600 $746,000 $877,600
2018 $15,554 $1,623,600 $746,000 $877,600
2017 $15,311 $1,623,600 $746,000 $877,600
2016 $14,726 $1,623,600 $746,000 $877,600
2015 $14,531 $1,623,600 $746,000 $877,600
2014 $14,320 $1,623,600 $746,000 $877,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $5,390,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,225,000 Mutual Title Agency
Quit Claim Deed $46,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Unknown
Closed $500,000 Credit Line Revolving
Closed $500,000 Credit Line Revolving
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 599096

South Jersey Shore Regional MLS

APN: 08-01911-0000-00015