This 1st floor condo features 4 bedrooms and 2 baths. The unit has a gourmet kitchen, with a Sub Zero refrigerator and Wolf appliances along with a dining room and living room with multiple Juliette balconies. Open the sliders and enjoy the ocean breeze. The unit is accessed by a common area spiral stair tower featuring handcrafted railings or by elevator. Enjoy beautiful arched mahogany doors, hardwood flooring, and imported marble flooring. Custom closest systems are in all 4 bedrooms including his and hers closets in the master bedrooms. The unit provides amazing boardwalk, beach, and ocean views from the living room, dining room, kitchen, and master bedroom.
Property Details
Property Features
Property Information:
Architectural Style: Duplex
Stories: 2
Listing Office:
Office Name: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10.5K
Per Month
Principal & Interest
$10.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,362
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Ocean City Primary School
550 West Ave
Distance between this listing and this school1.13 miles
Public District Grades PK-3
5
/10
Upper Township Elementary School
50 N Old Tuckahoe Rd
Distance between this listing and this school3.38 miles
Public District Grades 3-5
2
/10
Dawes Avenue Elementary School
22 W Dawes Ave
Distance between this listing and this school3.77 miles
Public District Grades KG-3
Nearby Schools
6
/10
Ocean City Intermediate School
1901 Bay Avenue
Distance between this listing and this school0.48 miles
Public District Grades 4-8
4
/10
Jordan Road Middle School
129 Jordan Rd
Distance between this listing and this school3.66 miles
Public District Grades 4-8
7
/10
Belhaven Middle School
51 Belhaven Ave
Distance between this listing and this school4.98 miles
Public District Grades 5-8
Nearby Schools
5
/10
Ocean City High School
501 Atlantic Ave
Distance between this listing and this school1.12 miles
Public District Grades 9-12
2
/10
Chartertech High School for the Performing Arts
413 New Rd
Distance between this listing and this school4.07 miles
Public Charter Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school5.27 miles
The neighbors living near this home have an average income of $73,438. Typical income of Ocean City, NJ residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 615 E 16th St Unit 1
What is the listing price of this property?
The listing price of 615 E 16th St Unit 1 property is $2,100,000.
What type of property is this?
The property 615 E 16th St Unit 1 is a condo located in Ocean City, New Jersey, 08226.
Is this property for sale now?
Active Listing: 615 E 16th St Unit 1 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 615 E 16th St Unit 1 has 4 bedrooms and 2 bathrooms.
This home is located at 615 E 16th St Unit 1 in Ocean City, NJ and zip code 08226. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $2,100,000.
While more than 12 listings in Ocean City, NJ in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 31 were sold below. The number of listings in Ocean City, NJ increased by 6.2% between September 2024 and October 2024. In October 2024 median list price was $888,150 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.