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MLS# NJCM2004512 – 38 Bay Avenue, Ocean City, NJ 08226

Open House
Sat January 18th  11:00am — 1:30pm
Price: $3,950,000
Beds: 5
Baths: 4
Living Area SqFt: 3,409
Status: Coming Soon
Property Type: Single Family Residential
Lot Size Acres: 0.10
Lot Size SqFt: 4,356
Year Built: 1988
Neighborhood: Bay Front
Days on Website: 6

Courtesy of Christopher Basile, Keller Williams Realty – Washington Township cbasile@kw.com

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 wide open space to enjoy family time. You can look out over the Great Egg Harbor Bay in the spacious family room with large windows. Generously sized bedrooms that provide comfort for family and guests, as well as 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.

Open House

Property Details and Features

  • Bathrooms
  • 4 total bathrooms
  • 2 bathrooms on all upper levels
  • 2 bathrooms on main level
  • 4 full bathrooms
  • 2 full bathrooms on main level
  • Bedrooms
  • 3 bedrooms on upper levels
  • 5 bedrooms
  • 2 bedrooms on main level
  • Building
  • 3,409 sqft living area
  • 3,409 sqft above grade (finished)
  • Built in 1988
  • Structure Type: Detached
  • 2 levels
  • Coastal
  • Frame
  • Cooling
  • Central Air
  • Electric
  • Central A/C
  • Multi Units
  • Foundation
  • Block
  • Garage
  • 1 garage space
  • Heating
  • Natural Gas
  • Forced Air
  • Listing
  • $1,159 per sqft
  • Property SubType: Single Family Residential
  • Concession In Price: Y
  • Location
  • Municipality: OCEAN CITY CITY
  • County: Cape May
  • MLS Area: Ocean City City (20508)
  • Subdivision: Bay Front
  • Lot
  • 4,200 sqft
  • Lot Size Dimensions: 40.00 x 105.00
  • 0.1 acres
  • Property
  • Other Structures: Above Grade,Below Grade
  • Roof
  • Shingle
  • Schools
  • School District: OCEAN CITY SCHOOLS
  • Sewer
  • Public Sewer
  • Taxes
  • City/Town Tax Pymnt Freq: Annually
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $14,691
  • Tax Year: 2024
  • Utilities
  • Hot Water: Natural Gas

Property Map

$3,950,000 – 38 Bay Avenue, Ocean City, NJ 08226

Street View

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This content last updated on December 29, 2024 12:02AM.