2 months on rocket

500 Bay Ave Unit 608S, Ocean City, NJ, 08226

$625,000

Home List Price

$7,422*

Closing Credit

2 Bedrooms
2 Full Baths
1,224 SqFt
$511/SqFt
Condo

Location

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500 Bay Ave Unit 608S, Ocean City$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Site Parking
Garage1 space
Year Built1977
HeatingElectric
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #588947
StatusActive

About 500 Bay Ave Unit 608S

***PRICE REDUCTION***500 Bay Waterfront Community*** What makes 500 Bay so special? Wonderful community located on the open bay. As you enter the South Building to the 6th floor, discover a beautifully renovated 1224 sq ft, 2-bedroom, 2-bathroom coastal chic condo, with an abundance of natural sunlight, open floor plan and three exterior doors to your own patio. Enjoy the fantastic breezes, distant ocean view and morning sunrise with your favorite beverage. The kitchen boasts pristine white cabinets, granite countertops, stainless steel appliances, combined with a timeless subway tile backsplash. Amenities include on site property mgr, maintenance team, professionally landscaped grounds, heated bayfront pool, fitness room, club house, and social activities. Located just a few blocks from Asbury's lively shops, restaurants, skatepark, tennis courts and reserved garage #18 parking space. Selling turnkey, fully furnished. Call today to schedule your private showing!

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Living Area: 1,224 SqFt

Listing Office:

  • Office Name: BHHS FOX and ROACH-Simpson OC
  • Office Phone: (609) 399-0041

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior: Foyer, Kitchen Island, Master Bath, Walk in/Cedar Closet, Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay
  • Exterior: Seawall, Deck/Porch, Elevator, Outside Shower, Pool, Security Fence, Storage

Parking Information:

  • Garage Space: 1 space
  • Parking: Off Site Parking

Lot Features

Lot Information:

  • Lot: Seawall, Close to Clubhouse

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 9th St Bridge, left on Bay Av, continue to 500 Bay Complex, left side, South Bldg 6th Floor

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $511/SqFt

HOA Fees:

  • Amount: $624
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

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Ocean City, NJ

City

Med. Sold Price

$888.1K

Med. Price/SqFt

$689

Avg. Days On Market

36

# of Sold Homes

62

500 Bay Ave Unit 608S vs Ocean City

74 DAYS ON ROCKET

+38 Days

$625,000

-$263.1K Less

$511/SqFt

-$178 Less

KEY TAKEAWAY

This property is $263.1K less than the Median Sold Price and $178/SqFt less than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #588947

Listing Office:

  • Office Name: BHHS FOX and ROACH-Simpson OC
  • Office Phone: (609) 399-0041

Broker Reciprocity 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.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 9:20:53 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

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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-987865
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 0.21 miles

  • Public District Grades PK-3

school-card-donut-987866
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 2.76 miles

  • Public District Grades KG-3

school-card-donut-987867
6
/10

  • Seaview Elementary School

  • 2013 Wabash Ave

  • 3.41 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,158. Most Ocean City, NJ residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Bay Ave Unit 608S

What is the listing price of this property?

The listing price of 500 Bay Ave Unit 608S property is $625,000.

What type of property is this?

The property 500 Bay Ave Unit 608S is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 500 Bay Ave Unit 608S is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 500 Bay Ave Unit 608S has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Bay Ave Unit 608S is 1,224 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Bay Ave Unit 608S is 1977.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›500 Bay Ave Unit 608S

This home is located at 500 Bay Ave Unit 608S in Ocean City, NJ and zip code 08226. This 1,224 square foot home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $625,000.

Ocean City, NJ housing market in October 2024 saw over 12 listings sold above listed price, more than 7 sold at listed price and over 31 sold below. In October 2024 in Ocean City, NJ there were 6.2% more homes for sale than in September 2024. 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.

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