Located at the corner of 34th and Bay Ave in Ocean City, NJ, this property offers a prime real estate opportunity with significant redevelopment potential. Currently housing 32 condo units, its proximity to The Garden State Parkway enhances its desirability, providing convenient access to transportation and nearby amenities. Ocean City itself is renowned for its beaches and community atmosphere, making it a sought-after location for both residents and vacationers. The existing infrastructure presents a solid foundation for redevelopment, catering to developers looking to enhance the property's value through modernization or expansion. This investment opportunity not only promises attractive returns but also aligns with the vibrant coastal lifestyle that Ocean City is known for, making it a compelling option in the region's competitive real estate market.
Property Details
Property Features
Listing Office:
Office Name: SABAL REAL ESTATE
Office Phone: (856) 872-4100
Lot Features
Lot Information:
Lot Size: 1.02 Acres
Other
Directions Information:
Directions: Located just off of The Garden State Parkway in desirable Ocean City, NJ. Corner 34th and Bay Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $7,000,000
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Housing Market Comparison
See how this home compares to others in Ocean City, NJ.
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Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Upper Township Elementary School
50 N Old Tuckahoe Rd
Distance between this listing and this school3.09 miles
Public District Grades 3-5
5
/10
Ocean City Primary School
550 West Ave
Distance between this listing and this school5.42 miles
Public District Grades PK-3
2
/10
Dawes Avenue Elementary School
22 W Dawes Ave
Distance between this listing and this school7.37 miles
Public District Grades KG-3
Nearby Schools
6
/10
Ocean City Intermediate School
1901 Bay Avenue
Distance between this listing and this school4.02 miles
Public District Grades 4-8
5
/10
Upper Township Middle School
525 Perry Rd
Distance between this listing and this school5.54 miles
Public District Grades 6-8
4
/10
Jordan Road Middle School
129 Jordan Rd
Distance between this listing and this school6.77 miles
Public District Grades 4-8
Nearby Schools
5
/10
Ocean City High School
501 Atlantic Ave
Distance between this listing and this school5.41 miles
Public District Grades 9-12
2
/10
Chartertech High School for the Performing Arts
413 New Rd
Distance between this listing and this school7.39 miles
Public Charter Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school9.01 miles
The neighbors living near this home have an average income of $60,000. The most common annual income of people living in Ocean City, NJ is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3313-3315 Bay Ave
What is the listing price of this property?
The listing price of 3313-3315 Bay Ave property is $7,000,000.
What type of property is this?
The property 3313-3315 Bay Ave is land located in Ocean City, New Jersey, 08226.
Is this property for sale now?
Active Listing: 3313-3315 Bay Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 3313-3315 Bay Ave in Ocean City, NJ and zip code 08226. This home sits on a 1.02 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $7,000,000.
While more than 12 listings in Ocean City, NJ in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 31 were sold below. The inventory of homes for sale in Ocean City, NJ between September 2024 and October 2024 increased by 6.2%. While the average time on the market in October 2024 was 36 days, the median list price was $888,150.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
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