5 months on rocket

500 Bay Ave N Unit 505N, Ocean City, NJ, 08226

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
2 Full Baths
1,385 SqFt
$487/SqFt
Condo

Location

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500 Bay Ave N Unit 505N, Ocean City$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Garage1 space
HeatingElectric, Forced Air
CoolingCentral Air
WaterfrontBay Front, See Remarks
ViewBay, See Remarks, Water
MLS #585866
StatusActive

About 500 Bay Ave N Unit 505N

Stunning unit in 500 Bay. This is the one you have been waiting for. All the work has been done for you. Totally redone!! Newer Hurricane impact resistant windows, all new doors, newer custom chef's kitchen by Asbury kitchen and baths. New custom bathrooms , hardwood floors, recessed lighting, and built in closet system. Great views of the bay. Dining room set and sleeper sofa included in sale. New AC unit just installed. Views of the bay from every room. Enjoy the morning sun and fireworks from your private deck!

Property Details

Property Features

Property Information:

  • Living Area: 1,385 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Hardwood
  • Interior: Kitchen Island, Master Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, See Remarks
  • View: Bay, See Remarks, Water
  • Exterior: Deck/Porch, Pool, Security Fence, Storage

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Close to Clubhouse

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 9th Street Bridge to Bay Ave left to 500 Bay

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $487/SqFt

HOA Fees:

  • Amount: $724
  • 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 N Unit 505N vs Ocean City

165 DAYS ON ROCKET

+129 Days

$675,000

-$213.1K Less

$487/SqFt

-$202 Less

KEY TAKEAWAY

This property is $213.1K less than the Median Sold Price and $202/SqFt less than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #585866

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: 11/17/2024, 7:20:53 AM 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

$4,160

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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-414799
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 0.21 miles

  • Public District Grades PK-3

school-card-donut-414800
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 2.76 miles

  • Public District Grades KG-3

school-card-donut-414801
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. Residents of Ocean City, NJ typically earn less than $35k each year. 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 N Unit 505N

What is the listing price of this property?

The listing price of 500 Bay Ave N Unit 505N property is $675,000.

What type of property is this?

The property 500 Bay Ave N Unit 505N is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 500 Bay Ave N Unit 505N 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 N Unit 505N has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Bay Ave N Unit 505N is 1,385 SqFt (source: MLS/tax record).

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›500 Bay Ave N Unit 505N

This home is located at 500 Bay Ave N Unit 505N in Ocean City, NJ and zip code 08226. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 04, 2024 and is currently priced at $675,000.

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 number of listings in Ocean City, NJ increased by 6.2% between September 2024 and October 2024. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $888,150.

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

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