2 months on rocket

500 Bay Ave Unit 1301 301S, Ocean City, NJ, 08226

$599,900

Home List Price

$7,124*

Closing Credit

2 Bedrooms
2 Full Baths
1,447 SqFt
$415/SqFt
Condo
Schools Nearby

Location

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500 Bay Ave Unit 1301 301S, Ocean City$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Site Parking
Garage1 space
Year Built1977
HeatingBaseboard, Electric
CoolingCentral Air
WaterfrontBay Front, Waterfront
ViewBay, Water
MLS #582641
StatusActive

About 500 Bay Ave Unit 1301 301S

WATERFRONT CONDO, 2 Bedroom 2 Bath, 1447 Sq Ft, $599,900! Your BAYDREAM awaits! 500 Bay Condominium Complex, located at 5th & Bay Avenue, Ocean City, NJ Step into this immaculate, turnkey condo, boasting a sun-drenched southern exposure that fills every corner with positive energy and natural light. Admire breathtaking water vistas, the picturesque glow of the 9th St Bridge, captivating sunsets, and the serene open space of the Bayside Center from your expansive 37-foot-long patio. The spacious interior exudes warmth with its parquet wood flooring, complemented by an open Dining Room and Kitchen space featuring classic white cabinetry and appliances, a built-in desk or serving counter, soft grey mini honed marble subway tile backsplash, and under-cabinet lighting. Retreat to two generously sized bedrooms, including the Primary Bedroom Ensuite adorned with glass shower doors, mounted handicap handles, a built-in vanity desk, ample closet space, and direct access to the patio, perfect for savoring morning coffee or evening sunset breezes. The 500 Bay Complex offers unparalleled amenities, including two bayfront clubhouses, elevators, a fitness center, bike and chair storage, assigned parking, grocery carts for effortless transport, trash chutes on each floor, attentive on-site management, complimentary basic cable, and a heated bayfront custom pool surrounded by lounge chairs in sun or shaded areas, ensuring resort-style living at its finest. Enjoy front-row seats to Ocean City's famed Night in Venice and fireworks display on July 20th, 2024! Discover the enchantment of Ocean City, recently crowned “2024 Happiest Place in New Jersey” for its vibrant community spirit and an array of attractions. Within walking distance to the charming shops of Asbury Ave, the lively boardwalk, amusement park, indulgent treats like homemade fudge, ice cream, saltwater taffy, Johnson's Popcorn, Manco & Manco pizza, to name a few! Schedule your private showing today and immerse yourself in the magic of coastal living at its finest! Please note, 500 Bay maintains a strict No Pet Policy, with registered service pets exceptions only.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Living Area: 1,447 SqFt

Listing Office:

  • Office Name: BHHS FOX and ROACH-Simpson OC
  • Office Phone: (609) 399-0041

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior: Handicap Features, Master Bath, Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Waterfront
  • View: Bay, Water
  • Exterior: Seawall, Deck/Porch, Elevator, Enclosed/Covered Porch, Outside Shower, Patio, Pool, Security Fence, Storage

Parking Information:

  • Garage Space: 1 space
  • Parking: Off Site Parking

Lot Features

Lot Information:

  • Lot: Seawall, Close to Clubhouse

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Central Air

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: Left off 9th Street Bridge on to Bay Rd, continue to 5th St, 500 Bay South Complex is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $415/SqFt

HOA Fees:

  • Amount: $662
  • Frequency: Monthly
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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

500 Bay Ave Unit 1301 301S vs Ocean City

65 DAYS ON ROCKET

-1 Day

$599,900

-$379.1K Less

$415/SqFt

-$274 Less

KEY TAKEAWAY

This property is $379.1K less than the Median Sold Price and $274/SqFt less than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #582641

Listing Office:

  • Office Name: BHHS FOX and ROACH-Simpson OC
  • Office Phone: (609) 399-0041

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: 5/3/2024, 7:20:37 AM 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

$3,724

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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-5208336
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 1.47 miles

  • Public District Grades 4-8

High School

school-card-donut-5208337
7
/10

  • Ocean City High School

  • 501 Atlantic Ave

  • 0.56 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 $22,158. Most Ocean City, NJ residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Bay Ave Unit 1301 301S

What is the listing price of this property?

The listing price of 500 Bay Ave Unit 1301 301S property is $599,900.

What type of property is this?

The property 500 Bay Ave Unit 1301 301S is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 500 Bay Ave Unit 1301 301S 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 Unit 1301 301S 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 Unit 1301 301S has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Bay Ave Unit 1301 301S is 1,447 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Bay Ave Unit 1301 301S is 1977.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›500 Bay Ave Unit 1301 301S

This home is located at 500 Bay Ave Unit 1301 301S in Ocean City, NJ and zip code 08226. This 1,447 square foot home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $599,900.

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 listings in Ocean City, NJ increased by 4.3% between March 2024 and April 2024. In April 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $979,000.

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

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