38 Bay Avenue
Ocean City, NJ 08226
- 5 beds
- 4 baths
- 3,409 sqft
- 4,200 sqft lot
- $1,158 per sqft
- 1988 build
Waterfront home at 38 Bay Avenue, Ocean City, NJ Discover the ultimate in-bayfront living with this stunning 2-unit property. Perfectly designed for comfort, luxury, and versatility, this 5-bedroom, 4-bath home is an ideal retreat for families, boaters, and investors alike. Two Units with Endless Potential. This multi-unit property offers flexibility for short-term or long-term rentals in one unit while enjoying owner-occupied living in the other. Upgraded kitchens in both units feature modern finishes, granite countertops, and stainless steel appliances; the second-level kitchen is brand new and ready for culinary creations. Both levels have a wide open space to enjoy family time. You can look out over the Great Egg Harbor Bay in the spacious family room with large windows. Generously sized bedrooms that provide comfort for family and guests, as well as ample room to relax and unwind. There are two large decks: Each level boasts a spacious deck overlooking the serene Great Egg Harbor Bay, perfect for enjoying coffee at sunrise or entertaining with breathtaking sunset views. The expansive shared dock area can accommodate a 50'+ boat, making this property a rare find for waterfront enthusiasts. The property extends past the dock, granting full water rights and ownership for ultimate privacy and enjoyment. Situated towards the Peninsula of Ocean City, this home combines tranquility with convenience, offering easy access to beaches, the boardwalk, shopping, and dining. Whether you’re seeking an income-producing property, a personal oasis, or a mix of both, 38 Bay Ave delivers it all. Ocean City’s competitive tax rates make this a wise investment for primary or rental property owners. Generate substantial income from vacation or long-term rentals, with strong demand for bayfront properties in this area. Whether you’re looking for a personal retreat, a multi-generational home, or an income-producing property, 38 Bay Avenue is a rare find that delivers on every front. Most furniture is negotiable. Don’t miss your chance to own this incredible waterfront property! Contact us today to schedule your private tour.
Listing courtesy of BRIGHT / Keller Williams Realty - Washington Township
Last checked:
Checking…
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Last updated Jan 3, 2025
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MLS# NJCM2004512 —
This home is listed in more than one place. See it here.
Upcoming Open Houses
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Saturday, 1/18
11am-1:30pm
The Building
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Year Built:1988
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Year Built Source:Assessor
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Roof:Shingle
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New Construction:No
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Construction Materials:Frame
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Structure Type:Detached
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Architectural Style:Coastal
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Levels:2
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Accessibility Features:None
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Foundation Details:Block
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:3409
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:3409
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3409
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Living Area SqFt:3,409 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Private
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Possession:31-60 Days CD, 61-90 Days CD
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Lease Considered:No
Location
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Directions:Bay Ave to PIQ
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Cross Street:1st Street
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Latitude:39.29042816
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Longitude:-74.56811523
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.10
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Lot Size Source:Assessor
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Lot Size Dimensions:40.00 x 105.00
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Lot Dimensions Source:Assessor
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Lot SqFt:4,200 Sqft
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Inclusions:All Appliances in both units,
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Federal Flood Zone:SPECIAL AE
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Zoning:R
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 582-1200
- Office phone:
- (856) 582-1200
Taxes
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Tax ID Number:08-00015-00003
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Tax Year:2024
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Tax Lot:00003
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Tax Annual Amount:$14,691
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Tax Assessed Value:$1,309,400
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Bedrooms Main Level:2
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:4
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Full Baths:4
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Main Level Baths:2.00
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Main Level Full Baths:2
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Upper Level Full Baths:2
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Upper Level Total Baths:2
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Upper Level Total Baths:2.00
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Upper Level Full Baths:2
The Listing
Heating & Cooling
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Cooling Type:Central A/C, Multi Units
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Ocean City Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Bay Front
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Senior Community:No
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Parking
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Total Garage and Parking Spaces:1
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Garage:Yes
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Garage Features:Garage - Front Entry
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Garage Spaces:1.00
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Type of Parking:Attached Garage, Driveway, On Street
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# of Attached Garage Spaces:1
Extra Units
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Vacation Rental:No
Monthly cost estimate
Asking price
$3,950,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$21,151
|
Taxes | $1,224 |
Insurance | $1,086 |
Utilities | $338 See report |
Total | $23,799/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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1/2/25
Jan 2, 2025
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Listed / Active | BRIGHT | $3,950,000 |