503 Gull Rd is a 1,321 square foot house on a 3,250 square foot lot. - it last sold on February 03, 2022 for $1,169,000. Based on Redfin's Ocean City data, we estimate the home's value is $1,987,966.
Single-familyProperty Type
1946Year Built
3,250 sq ftLot Size
$1,505Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,987,966
$819K since sold in February 2022$99K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 67.5% higher than the average sale price ($1.19M) of 6 comparable homes.
An updated and renovated modern cape on a small private street close to Garden's beach. Decks up and down, C/A, new baths & kitchen. Contingent upon Seller finding suitable housing.
Public Records
Jan 29, 1990
Sold
$192,500
$146/sq ft
Public Records
Aug 28, 1980
Sold
$95,000
$72/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,672 (+3.4%)
$486,800 + $174,600
$661,400
2024
$7,421 (+4.8%)
$486,800 + $174,600
$661,400
2023
$7,084 (+16.9%)
$486,800 + $174,600
$661,400
2022
$6,062 (+2.4%)
$486,800 + $174,600
$661,400
2021
$5,920 (+5.3%)
$486,800 + $102,300
$589,100
2020
$5,624 (+1.1%)
$486,800 + $102,300
$589,100
2019
$5,561 (+0.9%)
$486,800 + $88,300
$575,100
2018
$5,509 (+1.6%)
$486,800 + $88,300
$575,100
2017
$5,423 (+4.0%)
$486,800 + $88,300
$575,100
2016
$5,216 (−20.1%)
$486,800 + $88,300
$575,100
2014
$6,525
$617,100 + $122,800
$739,900
Tax history for 503 Gull Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,672 (+3.4%)
$486,800 + $174,600
$661,400
2024
$7,421 (+4.8%)
$486,800 + $174,600
$661,400
2023
$7,084 (+16.9%)
$486,800 + $174,600
$661,400
2022
$6,062 (+2.4%)
$486,800 + $174,600
$661,400
2021
$5,920 (+5.3%)
$486,800 + $102,300
$589,100
2020
$5,624 (+1.1%)
$486,800 + $102,300
$589,100
2019
$5,561 (+0.9%)
$486,800 + $88,300
$575,100
2018
$5,509 (+1.6%)
$486,800 + $88,300
$575,100
2017
$5,423 (+4.0%)
$486,800 + $88,300
$575,100
2016
$5,216 (−20.1%)
$486,800 + $88,300
$575,100
2014
$6,525
$617,100 + $122,800
$739,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
G-50/5000
Gardens R-1 Neighborhood 50-5000 Zone
The Gardens R-1 Neighborhood Zones as established in Subsection 25-201.1.2 of this Ordinance are intended to provide and maintain residential characteristics of one-family homes on curvilinear streets in the northern end of Ocean City.
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Property details
Exterior
Exterior Information
Exterior Wall: Frame
Property Information
Subdivision Name: OCEAN CITY
Living Sq. Ft: 1,321
# of Stories: 1
Legal Description: OB25G L2
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Undefined Type - 1 Car Garage
Garage / Carport Type: Undefined Type - 1 Car
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,250
Legal Lot Number: 2
Legal Block Number: 70.29
Acres: 0.0746
Depth Footage: 56
Front Footage: 58
Zoning Code: R1
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Tax District County: OCEAN CITY
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,321
Stories: 1.0
Lot Size: 3,250 square feet
Style: Single Family Residential
Year Built: 1946
Year Renovated: —
County: Cape May County
APN: 0800070 2900002
Home facts updated by county records on Apr 14, 2026
Around this home
Schools
Ocean City Primary School
Public PreK-3 • Assigned • 1.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 67-74% 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 96° expected this year, 17 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
$1.89M – $2.29M
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