5 months on rocket

1113 Bay Ave, Ocean City, NJ, 08226

$784,900

Home List Price

$9,321*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1113 Bay Ave, Ocean City$784,900

Buyer Closing Credits

$9,321*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingThree or More Cars
Year Built1947
HeatingNatural Gas
CoolingWindow Unit(s)
MLS #579585
StatusActive

About 1113 Bay Ave

Investor Alert! This is your chance to own a duplex in Ocean City. Duplex includes a first floor with 2BR/1BA. The second floor has a 1BR/1BA. Earn income with existing tenants, renovate building or teardown to build a new single family home. Plenty of parking as this property sits back on a 38 x 115 lot!.

Property Details

Property Features

Property Information:

  • Year Built: 1947

Listing Office:

  • Office Name: BHHS FOX and ROACH-109 34th OC
  • Office Phone: (609) 399-8200

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Washer

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Three or More Cars

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Ocean City High School, Public District Grades 9-12
  • Ocean City Intermediate School, Public District Grades 4-8

Other

Directions Information:

  • Directions: From Ninth St. Bridge Right onto Bay Ave. On left hand side past 11th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $784,900

Tax Information:

  • Annual Amount: $2,430
  • Tax Year: 2020
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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

$979K

Med. Price/SqFt

$688

Avg. Days On Market

66

# of Sold Homes

49

1113 Bay Ave vs Ocean City

170 DAYS ON ROCKET

+104 Days

$784,900

-$194.1K Less

KEY TAKEAWAY

This property is $194.1K less than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #579585

Listing Office:

  • Office Name: BHHS FOX and ROACH-109 34th OC
  • Office Phone: (609) 399-8200

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: 5/4/2024, 6:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,430$325,800
2019$3,121$325,800
2018$3,121$325,800
2017$3,072$325,800

History based on county public records data.

Payment Calculator

$3,985

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,420

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.

Elementary School

school-card-donut-6110722
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 0.80 miles

  • Public District Grades 4-8

High School

school-card-donut-6110723
7
/10

  • Ocean City High School

  • 501 Atlantic Ave

  • 0.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,253. Typical income of Ocean City, NJ residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›1113 Bay Ave

This home is located at 1113 Bay Ave in Ocean City, NJ and zip code 08226. This home was built in 1947. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $784,900.

While more than 5 listings in Ocean City, NJ in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 28 were sold below. The number of homes for sale in Ocean City, NJ increased by 4.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $979,000, while the average time on the real estate market was 66 days.

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

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