new - 7 days on rocket

2 Ocean Ave Unit 2J, Gloucester, MA, 01930

$350,000

Home List Price

$4,156*

Closing Credit

1 Bedroom
1 Full Bath
765 SqFt
$458/SqFt
Condo

Location

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2 Ocean Ave Unit 2J, Gloucester$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street
Year Built2003
HeatingElectric
CoolingWall Unit(s)
WaterfrontBeach
MLS #73318935
StatusActive

About 2 Ocean Ave Unit 2J

Ocean Terrace Condominiums are nestled in the charming seaside village of Magnolia, surrounded by nearby restaurants, shops, and access to a private beach club exclusively for Magnolia residents. Experience the best of coastal living with summer block parties, fireworks, and scenic shoreline walks. This delightful 1-bedroom unit is perfect as a weekend getaway, primary residence, or investment property. Enjoy breathtaking Cape Ann vistas and convenient access to popular attractions, including Magnolia Beach, Magnolia Pier, and the Hammond Castle Museum. The sunny, open living room is ideal for dining, relaxing, and entertaining, with sliding doors leading to a private deck. Start your mornings here with a cup of coffee, accompanied by the soothing sounds of the ocean breeze.

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 765 SqFt

Listing Office:

  • Office Name: RE/MAX Beacon
  • Office Phone: (978) 219-0011
  • Listing Agent: The Murray Brown Group

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Beach

Parking Information:

  • Parking: Off Street

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Hesperus to Norman to Ocean

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $458/SqFt

HOA Fees:

  • Amount: $311
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Gloucester, MA.

Med. Sold Price

$688K

Med. Price/SqFt

$452

Avg. Days On Market

81

# of Sold Homes

13

2 Ocean Ave Unit 2J vs Gloucester

7 DAYS ON ROCKET

-74 Days

$350,000

-$338K Less

$458/SqFt

+$6 More

KEY TAKEAWAY

This property is $338K less than the Median Sold Price and $6/SqFt more than other homes in Gloucester, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73318935

Listing Office:

  • Office Name: RE/MAX Beacon
  • Office Phone: (978) 219-0011
  • Listing Agent: The Murray Brown Group

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:50 PM 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

$2,125

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

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.

Nearby Schools

school-card-donut-4321831
8
/10
  • Manchester Memorial Elementary School

  • 43 Lincoln St

  • 2.71 miles

  • Public District Grades KG-5

school-card-donut-4321832
6
/10
  • West Parish

  • 10 Concord St

  • 3.01 miles

  • Public District Grades KG-5

school-card-donut-4321833
7
/10
  • East Gloucester Elementary School

  • 8 Davis Street Ext

  • 4.03 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,686. Residents of Gloucester, MA typically earn between $100k-200k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2 Ocean Ave Unit 2J

What is the listing price of this property?

The listing price of 2 Ocean Ave Unit 2J property is $350,000.

What type of property is this?

The property 2 Ocean Ave Unit 2J is a condo located in Gloucester, Massachusetts, 01930.

Is this property for sale now?

Active Listing: 2 Ocean Ave Unit 2J is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2 Ocean Ave Unit 2J has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2 Ocean Ave Unit 2J is 765 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 Ocean Ave Unit 2J is 2003.

Rocket HomesMassachusettsEssex CountyGloucester019302 Ocean Ave Unit 2J

This home is located at 2 Ocean Ave Unit 2J in Gloucester, MA and zip code 01930. This 765 square foot home was built in 2003. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $350,000.

While more than 6 listings in Gloucester, MA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Gloucester, MA decreased by 18.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 81 days, the median list price was $688,000.

From Rocket Homes Real Estate and based on county public records data.

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