9 days on rocket

1601 Bay Ave, Ocean City, NJ, 08226

$2,495,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
House
Schools Nearby

Location

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1601 Bay Ave, Ocean City$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingThree or More Cars
Attached Garage3 spaces
Year BuiltNew Const.
HeatingForced Air, Natural Gas, Zoned
CoolingCeiling Fan(s), Central Air, Zoned
BasementYes
FireplaceGas Log, Living Room
Private PoolYes
MLS #584529
StatusActive

About 1601 Bay Ave

Welcome to this stunning brand new custom-built single-family home by SCAFISI, INC. This luxurious home boasts 6 bedrooms and 4.5 bathrooms. The ground floor garage offers ample parking for four cars, plus four more spaces in the driveway. There's also a multifunctional enclosed storage area beyond the front entrance. The elevator will take you up to the first and second floors if you don't want to take the stairs. The first floor offers a junior suite with a private bathroom, and there are two more bedrooms and full bathrooms on the first floor. The second floor has an open concept design with 10-foot vaulted ceilings and is open to the dining area and gourmet kitchen, which is a chef's dream, featuring an upgraded appliance package that includes a farmhouse sink, beverage center, ice maker and wet bar. The quartz countertops add a touch of elegance to the space. The home offers two wraparound decks, perfect for outdoor dining and relaxation. The 13'x27' inground heated pool provides a refreshing escape on hot summer days, while the family room's fireplace keeps you cozy on cool nights. Beyond the kitchen is a half bath and full laundry room. The owner's suite is a private retreat, complete with a deck and spacious bathroom. You can escape to the rooftop deck for some fabulous views. Don't miss the opportunity to own this custom-built masterpiece on a huge 50'x115' corner lot! Listing Agent is related to Seller. Additional pictures to follow.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Stories: 2

Listing Office:

  • Office Name: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
  • Office Phone: (609) 399-2500

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Tile, Vinyl Plank
  • Interior: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm, Storage, Walk In Closet
  • Fireplace: Gas Log, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Curbs, Deck, Fenced Yard, Patio, Pool-In Ground, Sidewalks, Enclosed Outside Shower

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Three or More Cars

Lot Features

Lot Information:

  • Lot: Curbs, Fencing, Sidewalk

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Zoned

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 9th St, Bay Ave south to southeast corner of Bay & 16th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000

Tax Information:

  • Annual Amount: $3,003
  • 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

1601 Bay Ave vs Ocean City

9 DAYS ON ROCKET

-57 Days

$2,495,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #584529

Listing Office:

  • Office Name: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
  • Office Phone: (609) 399-2500

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, 11:20:40 AM 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$3,003$402,600
2019$3,856$402,600
2018$3,857$402,600
2017$3,797$402,600

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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-5916820
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 0.30 miles

  • Public District Grades 4-8

High School

school-card-donut-5916821
7
/10

  • Ocean City High School

  • 501 Atlantic Ave

  • 1.23 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 $73,438. The majority of Ocean City, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1601 Bay Ave

What is the listing price of this property?

The listing price of 1601 Bay Ave property is $2,495,000.

What type of property is this?

The property 1601 Bay Ave is a house located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 1601 Bay Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1601 Bay Ave are:
Ocean City Intermediate School: GreatSchools Rating 4/10
Ocean City High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,003 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1601 Bay Ave has 6 bedrooms and 4 full and 1 half bathrooms.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›1601 Bay Ave

This home is located at 1601 Bay Ave in Ocean City, NJ and zip code 08226. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $2,495,000.

In April 2024, from all listings sold in Ocean City, NJ there were more than 5 sold above asking price, over 28 sold below and more than 6 were sold right at the asked price. The number of listings in Ocean City, NJ increased by 4.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 66 days, the median list price was $979,000.

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

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