Ocean City, NJ 08270,519 5th Street
Ocean City, NJ 08270,519 5th Street
Ocean City, NJ 08270,519 5th Street
Ocean City, NJ 08270,519 5th Street
Ocean City, NJ 08270,519 5th Street
Ocean City, NJ 08270,519 5th Street
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$1,505,000

$1,399,000

7.6%
Est.Price: ?

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Est. payment /mo

7 Beds

7 Baths

3,886 SqFt


SOLD DATE : 06/06/2022

Key Details

Sold Price $1,505,000

Property Type Single Family Home

Sub Type Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,886 sqft

Price per Sqft $387

MLS Listing ID 221218

Sold Date 06/06/22

Style Victorian

Bedrooms 7

Full Baths 7

Year Built 1882

Annual Tax Amount $8,486

Tax Year 2021

Lot Dimensions 70x100

Property Sub-Type Single Family

Property Description

Own an important piece of Ocean City History! Beautiful historic landmark single family home built in 1882 by one of Ocean City's founding fathers, William Burrell. This Victorian beauty is situated across the street from the Ocean City Tabernacle and catty-corner from Veterans Park, both offering lots of open space and greenery. Located in the historic district, this neighborhood is filled with beautiful old homes, parks and trees, a rare find in Ocean City. The home is walking distance to the boardwalk, beach, tennis courts and Ocean City's downtown shopping district. Beautiful architecture and design with an estimated 3,886 square feet of living space offering 7 bedrooms, each with its own full bathroom, TV and A/C. This home was once a bed and breakfast and can be easily converted back if the buyer so desires. Large front porch, hand milled wood work, original hardwood floors & stained glass, custom crafted cabinets, tin pressed ceiling and glass enclosed porch all contribute to the home’s charm. The roof, gas hot water heating system and hot water on demand new in 2013, all new windows 2017. Large side yard with pergola covered patio, outside shower, 2 car detached garage with concrete driveway (4 car parking), large corner 70x100 lot, fantastic rental income producing $120,000+ from Spring to Fall. This is a rare opportunity to purchase a piece of history. Excellent investment opportunity or use as a single home.

Location

State NJ

County Cape May

Area Ocean City

Location Details Corner,Historical District

Rooms

Other Rooms Living Room, Dining Room, Kitchen, Dining Area

Basement Full, Outside Entrance, Inside Entrance

Interior

Interior Features Fireplace- Gas, Wood Flooring, Kitchen Center Island

Hot Water Gas- Natural

Heating Gas Natural, Radiator, Hot Water

Cooling Wall Air Conditioning, Window Air Conditioning

Appliance Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas

Exterior

Exterior Feature Patio, Deck, Porch, Screened Porch, Sidewalks, Outside Shower

Parking Features Garage, 1.5 Car, Detached, Concrete Driveway, 4 car parking

Building

Lot Description Corner, Historical District

Sewer Public

Water Public

Structure Type Asbestos,Brick,Wood

New Construction No

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Listed by RE/MAX At The Shore
Bought with RE/MAX At The Shore

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agent
Hakan Karahan

President/Broker of Record | License ID: 9693664

+1(609) 868-6888

498 Kings Hwy North, Hill, NJ, 08034

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