This exquisite home is an original design where old southern charm meets new, modern & upscale amenities! Walk up to this beauty, with its bluestone & brick walkway with herringbone pattern to its black & white exterior, massive front porch, double columns, board & batten, & detailed brickwork all around. The 1st floor of this home offers an open floor plan with a massive dining room with shiplap ceilings, chef's kitchen , study/bedroom, & 7-8 person island, and spacious great room with herringbone pattern hardwood floors and elevator access. Walk up your beautiful staircase with hardwood stained treads & handrail with metal spindles. 2nd floor features the master bedroom with 2 walk in closets, make-up area & chandelier, a deck & amazing Master Bath that features the 1st if its kind (in OC) seamless shower doors & double vanity. You can find 3 more bedrooms including one JR suite and a spacious laundry room. On the ½ story, you will find its own private suite with bedroom, bathroom and den, perfect for in-laws or a teen. This home features a detached 2-car garage/man-cave/she-shed with roll up door for entertaining with an unfinished 2nd floor which overlooks a beautiful modern heated pool decked with tumbled marble and its own rear deck. This one is an absolute must see. See you at the Beach!
Single-familyProperty Type
2020Year Built
5,001 sq ftLot Size
$1,051Est. Price/Sq.Ft.
2 spacesParking
Listed by MICHAEL G CONTINO• BHHS FOX and ROACH-Park Place OC
Bought with MICHAEL G CONTINO• BHHS FOX and ROACH-Park Place OC
Source:SJSRMLS #528068
Redfin Estimate
$3,927,313
$1.6M since sold in May 2021$327K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 22.1% higher than the average sale price ($3.22M) of 6 comparable homes.
This exquisite home is an original design where old southern charm meets new, modern & upscale amenities! Walk up to this beauty, with its bluestone & brick walkway with herringbone pattern to its black & white exterior, massive front porch, double columns, board & batten, & detailed brickwork all around. The 1st floor of this home offers an open floor plan with a massive dining room with shiplap ceilings, chef's kitchen , study/bedroom, & 7-8 person island, and spacious great room with herringbone pattern hardwood floors and elevator access. Walk up your beautiful staircase with hardwood stained treads & handrail with metal spindles. 2nd floor features the master bedroom with 2 walk in closets, make-up area & chandelier, a deck & amazing Master Bath that features the 1st if its kind (in OC) seamless shower doors & double vanity. You can find 3 more bedrooms including one JR suite and a spacious laundry room. On the ½ story, you will find its own private suite with bedroom, bathroom and den, perfect for in-laws or a teen. This home features a detached 2-car garage/man-cave/she-shed with roll up door for entertaining with an unfinished 2nd floor which overlooks a beautiful modern heated pool decked with tumbled marble and its own rear deck. This one is an absolute must see. See you at the Beach!
SJSRMLS #496123
Jan 30, 2018
Sold
$487,650
$131/sq ft
Dec 1, 2017
Contingent
—
Oct 25, 2017
Listed
$524,900
$141/sq ft
Single Family Home located across the street from the lagoon in quiet Riviera neighborhood, one of the best kept secrets in Ocean City. Property is best suited to build your new dream home but could be renovated to restore this classic cape cod residence. Property features 2 bedrooms and 1 full bathroom on the first floor with 2 unfinished bedrooms on 2nd floor. Call listing agent for details.
Year
Property tax
Land + Additions
Assessment*
2025
$15,517 (+3.4%)
$390,000 + $947,700
$1,337,700
2024
$15,009 (+4.8%)
$390,000 + $947,700
$1,337,700
2023
$14,327 (+4.1%)
$390,000 + $947,700
$1,337,700
2022
$13,765 (+2.4%)
$390,000 + $947,700
$1,337,700
2021
$13,444 (+252.5%)
$390,000 + $947,700
$1,337,700
2020
$3,814 (+1.1%)
$390,000 + $947,700
$1,337,700
2019
$3,771 (−8.7%)
$390,000
2018
$4,129 (+1.6%)
$390,000
2017
$4,064 (+4.0%)
$390,000 + $41,000
$431,000
2016
$3,909 (+2.8%)
$390,000 + $41,000
$431,000
2014
$3,801
$390,000 + $41,000
$431,000
Tax history for 40 Walnut Rd
Year
Property tax
Land + Additions
Assessment*
2025
$15,517 (+3.4%)
$390,000 + $947,700
$1,337,700
2024
$15,009 (+4.8%)
$390,000 + $947,700
$1,337,700
2023
$14,327 (+4.1%)
$390,000 + $947,700
$1,337,700
2022
$13,765 (+2.4%)
$390,000 + $947,700
$1,337,700
2021
$13,444 (+252.5%)
$390,000 + $947,700
$1,337,700
2020
$3,814 (+1.1%)
$390,000 + $947,700
$1,337,700
2019
$3,771 (−8.7%)
$390,000
2018
$4,129 (+1.6%)
$390,000
2017
$4,064 (+4.0%)
$390,000 + $41,000
$431,000
2016
$3,909 (+2.8%)
$390,000 + $41,000
$431,000
2014
$3,801
$390,000 + $41,000
$431,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Exterior
Exterior Information
Exterior Wall: Frame
Property Information
Subdivision Name: SUNNY HARBOR PLAN 4
Living Sq. Ft: 3,735
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,001
Legal Lot Number: 3
Legal Block Number: 1913
Acres: 0.1148
Depth Footage: 100
Front Footage: 50
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Tax District County: OCEAN CITY
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,735
Stories: —
Lot Size: 5,001 square feet
Style: Single Family Residential
Year Built: 2020
Year Renovated: —
County: Cape May County
APN: 0801913 00003
Home facts updated by county records on Jul 1, 2026
Around this home
Schools
Ocean City Primary School
Public PreK-3 • Assigned • 1.6mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Ocean City, NJ • 08226
Average low and high temperatures (°F)
38
25
41
28
54
39
62
47
69
56
81
66
85
73
79
66
75
64
68
52
58
43
44
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$3.73M – $4.52M
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