Back 5/1027 Ocean Avenue
Off Market

5/1027 Ocean Avenue

Ocean City NJ 08226

2
1
1
546 sq. ft.
Condo
Last sold for $490,000
Brad RiceBrad Rice, last sold this property on 29 May 2026 after 104 days on market.

Overview

Get ready for summertime in this 2-bedroom 1-bathroom condo, which has been beautifully maintained and is move-in ready. It offers comfort, efficiency, and an unbeatable location close to the beach, boardwalk, and all that Ocean City has to offer. Recent improvements include upgraded electric, energy-efficient mini-split systems installed in 2021 for heating and cooling, and a newly renovated bathroom featuring radiant heated floors for added comfort year-round. Enjoy the outside shower, coin-operated laundry room, and beach chair storage that come with the unit. Perfect as a shore getaway, investment property, or easy coastal retreat, this well-cared-for unit combines modern updates with convenient access to Ocean City’s best attractions.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
546 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Ocean City over the last 12 months, the estimated median property value of 5/1027 Ocean Avenue is $595k.

Median value
$595k
Estimated value range
$350k - $1.2m
Median days on market
20
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ocean City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/1027 Ocean Avenue

2026
Sold
$490,000
29 May 2026 by Brad Rice, of BHHS FOX and ROACH-West Ave OC
2015
Sold
$170,000
02 Jun 2015 by JUDY CALLIGAN-MOYER

Happy sellers in Ocean City

97%
97% of sellers in Ocean City reported that their sale price either exceeded or met their price expectations.

Ocean City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Ocean City over the last 12 months.

Local market activity for 2 bedroom condos in Ocean City

In the last 12 months, 62 two-bedroom condos similar to 5/1027 Ocean Avenue, have been sold.

This represents a 25% increase in two-bedroom condos sales when compared to the previous 12 months.

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