$990,000
SOLD AUG 29, 2025

5540-42 Simpson Ave Unit 2 TOP FLOOR Ocean City, NJ 08226

4 Beds
2 Baths
1,575 Sq Ft
1999 Built

Recently Sold

$629 Per Sq Ft

10% Below List Price

30 Days on Market

Highlights

  • Home fronts navigable water
  • Public Water Access
  • Open Floorplan
  • Ocean City Primary School Rated A
  • Public Beach
  • Deck

About This Home

As of August 2025

Welcome to your perfect home away from home in the heart of Ocean City! This beautifully appointed second-floor property offers the ideal blend of comfort, convenience, and coastal charm. With just 4.5 blocks to the beach, you'll be able to enjoy the sun and surf with ease,while also being just two blocks from the vibrant shops and restaurants on 34th Street. Despite its prime location, the home remains peaceful and secluded, providing the perfect escape from the bustle of daily life. The spacious interior spans 1600 sq ft, featuring four generously sized bedrooms and two full baths, offering plenty of room for family and guests. Outside, you'll find ample parking for up to four vehicles, with both off-street and street options available, as well as a large 40 by 115-foot lot for outdoor enjoyment. The property also includes garage-level private storage, ideal for keeping all your beach gear and seasonal items organized. Relax on the top deck while taking in stunning views of the surrounding area, and enjoy the maintenance-free exterior that allows you more time to unwind. This charming home provides all the comfort of a private retreat while keeping you just close enough to all the action Ocean City has to offer.Whether you're looking for a vacation getaway, strong rental income or a year-round residence, this property is the perfect place to make memories and enjoy everything the area has to offer. **Not many 4 bedroom units available in this market, in this area, back far enough for privacy and peace but still walking distance to 34th Street beaches.

Last Agent to Sell the Property

Michael Powers

Michael C Powers Listed on: 06/08/2025

Michael C Powers

Co-Listed By

MATTHEW STABILE

Keller Williams Realty - Wildwood Crest

Last Buyer's Agent

Gray Haenn

Berger Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,475

Year Built

  • Built in 1999

Lot Details

  • Home fronts navigable water
  • Public Beach
  • Property is in average condition

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Alley Access
  • Lighted Parking
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking
  • Secure Parking

Home Design

  • Foundation Flood Vent
  • Block Foundation
  • Architectural Shingle Roof
  • Piling Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,575 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Family Room Off Kitchen
  • Dining Area
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Public Water Access
  • Property is near an ocean
  • Deck
  • Outdoor Storage
  • Breezeway
  • Rain Gutters

Location

  • Flood Risk

Schools

  • Ocean City High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00022
  • Assessor Parcel Number 08-03106-00022-C2

Community Details

Overview

  • Property has a Home Owners Association
  • None Selected Subdivision

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,475

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Condominium
  • Exclusions: Washer & Dryer
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your perfect home away from home in the heart of Ocean City! This beautifully appointed second-floor property offers the ideal blend of comfort, convenience, and coastal charm. With just 4.5 blocks to the beach, you'll be able to enjoy the sun and surf with ease,while also being just two blocks from the vibrant shops and restaurants on 34th Street. Despite its prime location, the home remains peaceful and secluded, providing the perfect escape from the bustle of daily life. The spacious interior spans 1600 sq ft, featuring four generously sized bedrooms and two full baths, offering plenty of room for family and guests. Outside, you'll find ample parking for up to four vehicles, with both off-street and street options available, as well as a large 40 by 115-foot lot for outdoor enjoyment. The property also includes garage-level private storage, ideal for keeping all your beach gear and seasonal items organized. Relax on the top deck while taking in stunning views of the surrounding area, and enjoy the maintenance-free exterior that allows you more time to unwind. This charming home provides all the comfort of a private retreat while keeping you just close enough to all the action Ocean City has to offer.Whether you're looking for a vacation getaway, strong rental income or a year-round residence, this property is the perfect place to make memories and enjoy everything the area has to offer. **Not many 4 bedroom units available in this market, in this area, back far enough for privacy and peace but still walking distance to 34th Street beaches.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove
  • Entry Floor: 3
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island
  • Fireplace: No
  • Foundation Details: Block, Concrete Perimeter, Flood Vent, Pilings
  • Floors In Unit Count: 1
  • Levels Count: 3
  • Room Count: 10
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1575
  • Living Area Sq Ft: 1575
  • Price Per Sq Ft: 666.60
  • Above Grade Finished Sq Ft: 1575
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3140

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Gutter System, Outside Shower, Secure Storage, Sidewalks
  • Roof: Architectural Shingle
  • Water Access Features: Public Beach, Public Access
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Lighted Parking, Private, Secure Parking
  • Garage Features: Additional Storage Area, Covered Parking, Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Alley, Attached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • High School: OCEAN CITY H.S.
  • High School Source: Listing Agent
  • School District Key: 300200397020
  • School District Source: Listing Agent
  • High School: OCEAN CITY H.S.

Lot Info

  • Lot Dimensions: 40.00 x 115.00
  • Outdoor Living Structures: Breezeway, Deck(s)
  • Property Condition: Average
  • Year Assessed: 2024
  • Zoning: R2

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5475.00
  • Assessor Parcel Number: 08-03106-00022-C2
  • Tax Lot: 00022
  • Tax Total Finished Sq Ft: 1575
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/29/2025

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $990,000 -5.7% $629 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
06/21/2025 06/21/25 Price Changed $1,049,900 -4.1% $667 / Sq Ft
06/08/2025 06/08/25 For Sale $1,095,000 -- $695 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM2005374

Bright MLS