Ocean City, NJ 08226,38 BAY AVE
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Ocean City, NJ 08226,38 BAY AVE
Ocean City, NJ 08226,38 BAY AVE
Ocean City, NJ 08226,38 BAY AVE
Ocean City, NJ 08226,38 BAY AVE
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$ 3,950,000
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38 BAY AVE Ocean City, NJ 08226

5 Beds

4 Baths

3,409 SqFt


OPEN HOUSE

Sat Jan 18, 11:00am - 1:30pm

UPDATED:

12/23/2024 06:23 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,409 sqft

Price per Sqft $1,158

Subdivision Bay Front

MLS Listing ID NJCM2004512

Style Coastal

Bedrooms 5

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 3,409

Originating Board BRIGHT

Year Built 1988

Annual Tax Amount $14,691

Tax Year 2024

Lot Size 4,200 Sqft

Acres 0.1

Lot Dimensions 40.00 x 105.00

Property Description

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 spacious layout with generously sized bedrooms that provide comfort for family and guests, with 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.

Location

State NJ

County Cape May

Area Ocean City City (20508)

Zoning R

Rooms

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C, Multi Units

Inclusions All Appliances in both units,

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry

Garage Spaces 1.0

Water Access N

Roof Type Shingle

Accessibility None

Attached Garage 1

Total Parking Spaces 1

Garage Y

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Ocean City Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 08-00015-00003

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

Pets Allowed No Pet Restrictions


Bright MLS (BMLS)
Listed by Christopher F Basile • Keller Williams Realty - Washington Township

Annie Price

Broker Associate

+1(814) 270-6210

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38 BAY AVE