23 days on rocket

500 Bay Ave N Unit 204North, Ocean City, NJ, 08226

$699,900

Home List Price

$8,311*

Closing Credit

2 Bedrooms
2 Full Baths
Condo
Schools Nearby

Location

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500 Bay Ave N Unit 204North, Ocean City$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Car, Assigned, See Remarks
Year Built1977
HeatingBaseboard, Electric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontBay Front, See Remarks, Waterfront
ViewBay, See Remarks, Water
MLS #583860
StatusActive

About 500 Bay Ave N Unit 204North

Welcome to Ocean City's Premiere Ocean Front Condo-500 Bay; Condo Living at it's Finest! If you're looking for Water Views, Awesome Sunsets, Pool, Beautiful Common Areas and more, than 500 Bay is all that and much, much more. Be one of only four units that offer parking 10 feet from your unit entrance and an enclosed outside patio offering over 20% more outside space than 106 other units in the complex; no elevators, no long walks from parking garage to the main door of your building with groceries, no small table on your small outside deck! These are exclusive amenities that only 3 other unit owners can enjoy. The spacious living area gives you plenty of room to entertain and is just off the outside patio giving you beautiful water views. The dining area compliments the gorgeous new kitchen with stainless steel appliances, granite counters, upgraded lighting and island seating. Walking towards the bedrooms and baths, the laundry is in the hall on the left and you enter into the 2nd bedroom on the right; featuring excellent natural light and views of the water. The tastefully upgraded bathroom at the end of the hall services that bedroom and as a guest bathroom when entertaining. Entering to your right is the oversized master bedroom featuring panoramic views of the bay. The extra space leaves you room for a sitting area and an entrance to the outside deck. Two closets and a fully renovated master bath round-out this room. Enjoy beautiful breezes, a good book, beautiful sunsets at Happy Hour, the Somers Point skyline, the millions of stars at night and the Famous Nights in Venice Boat Parade, on one of the largest private outside decks in the entire building. Other amenities include the pool, elevator, community room, gym, sun-deck, bike storage and more. What if I told you you could buy the opportunity to see a sunset everyday for the rest of your life? This is truly what paradise looks like at the Jersey Shore! Call today for your private showing. This is 500 BAY, the best value in waterfront living along the South Jersey Shore!

Property Details

Property Features

Property Information:

  • Year Built: 1977

Listing Office:

  • Office Name: LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
  • Office Phone: (609) 398-6762

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet
  • Interior: Kitchen Island, Master Bath, Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, See Remarks, Waterfront
  • View: Bay, See Remarks, Water
  • Exterior: Seawall, Deck/Porch, Elevator, Outside Shower, Patio, Pool, Security Fence, Storage, Other - See Remarks

Parking Information:

  • Parking: One Car, Assigned, See Remarks

Virtual/3D Tour

  • Virtual Tour: 500 Bay Ave N Unit 204North

Virtual Tour

Lot Features

Lot Information:

  • Lot: Seawall, Close to Clubhouse, Other

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

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: 9th St Bridge to left onto Bay Ave about 5 Blocks to the best Bayfront Condo Building in South Jerse

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900

HOA Fees:

  • Amount: $656
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

Med. Sold Price

$969.1K

Med. Price/SqFt

$682

Avg. Days On Market

56

# of Sold Homes

43

500 Bay Ave N Unit 204North vs Ocean City

23 DAYS ON ROCKET

-33 Days

$699,900

-$269.2K Less

KEY TAKEAWAY

This property is $269.2K 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: #583860

Listing Office:

  • Office Name: LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
  • Office Phone: (609) 398-6762

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: 4/28/2024, 5:25:20 PM 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

$4,217

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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-2429983
4
/10
  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 1.47 miles

  • Public District Grades 4-8

High School

school-card-donut-2429984
7
/10
  • Ocean City High School

  • 501 Atlantic Ave

  • 0.56 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,158. The majority of Ocean City, NJ residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Bay Ave N Unit 204North

What is the listing price of this property?

The listing price of 500 Bay Ave N Unit 204North property is $699,900.

What type of property is this?

The property 500 Bay Ave N Unit 204North is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 500 Bay Ave N Unit 204North is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 500 Bay Ave N Unit 204North are:
Ocean City Intermediate School: GreatSchools Rating 4/10
Ocean City High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 500 Bay Ave N Unit 204North has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 500 Bay Ave N Unit 204North is 1977.

Rocket HomesNew JerseyCape May CountyOcean City08226500 Bay Ave N Unit 204North

This home is located at 500 Bay Ave N Unit 204North in Ocean City, NJ and zip code 08226. This home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $699,900.

While more than 8 listings in Ocean City, NJ in March 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 23 were sold below. The number of listings in Ocean City, NJ increased by 11% between February 2024 and March 2024. Listings spent 56 days on the market in March 2024, and had a median list price of $969,125 during the same period.

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

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