511 E 16th St Ocean City, NJ 08226
Estimated payment $9,218/month
Highlights
- Property is near a beach
- Deck
- Wood Flooring
- Ocean City Primary School Rated A
- Cathedral Ceiling
- Porch
About This Home
Perfect single family beach house in the perfect location close to the best beaches and the famous Ocean City boardwalk in Ocean City. Enjoy your own single family home or a fantastic rental investment property with 3 bedrooms + ground floor flex space currently used as a 4th bedroom & 3.5 baths AND ONLY 8 HOUSES TO THE BEACH. Great rental potential. Unique upside-down floor plan provides privacy to the bedrooms and also an open living concept with cathedral ceilings on the top floor where the dining, kitchen, and living areas are located - and head up a few steps further to the private roof top deck with great views - something you don't find often with a single family home!!! Great storage and room which allows this to be a wonderful beach side retreat for summer or year-round living. Primarily used as a second home, but this property also has great rental potential because it is located only 8 houses from the beach and boardwalk, and it is a single family home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,280
Year Built
- Built in 2006
Lot Details
- Lot Dimensions are 25 x 70
Home Design
- Vinyl Siding
- Stucco
Interior Spaces
- 2-Story Property
- Partially Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Drapes & Rods
- Blinds
- Dining Area
- Crawl Space
Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Driveway
Outdoor Features
- Property is near a beach
- Deck
- Porch
Utilities
- Central Air
- Heating System Uses Natural Gas
- Private Water Source
- Natural Gas Water Heater
- Private Sewer
Listing and Financial Details
- Legal Lot and Block 25 / 1502
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,280 | $827,100 | $422,000 | $405,100 |
| 2024 | $9,280 | $827,100 | $422,000 | $405,100 |
| 2023 | $8,858 | $827,100 | $422,000 | $405,100 |
| 2022 | $8,511 | $827,100 | $422,000 | $405,100 |
| 2021 | $6,170 | $827,100 | $422,000 | $405,100 |
| 2020 | $8,089 | $827,100 | $422,000 | $405,100 |
| 2019 | $7,998 | $827,100 | $422,000 | $405,100 |
| 2018 | $7,924 | $827,100 | $422,000 | $405,100 |
| 2017 | $7,800 | $827,100 | $422,000 | $405,100 |
| 2016 | $7,502 | $827,100 | $422,000 | $405,100 |
| 2015 | $7,403 | $827,100 | $422,000 | $405,100 |
| 2014 | $7,295 | $827,100 | $422,000 | $405,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $1,599,000 | +114.9% | -- | |
| 04/02/2016 04/02/16 | Sold | $744,000 | 0.0% | $789 / Sq Ft | View Prior Sale |
| 01/15/2016 01/15/16 | Pending | -- | -- | -- | |
| 01/15/2016 01/15/16 | For Sale | $744,000 | -- | $789 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $744,000 | None Available | |
| Interfamily Deed Transfer | -- | Mutual Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,000 | New Conventional |
Source: Cape May County Association of REALTORS®
MLS Number: 253432
APN: 08-01502-0000-00025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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