23 days on rocket

500 Bay Ave Unit 201N, Ocean City, NJ, 08226

$649,900

Home List Price

$7,718*

Closing Credit

2 Bedrooms
2 Full Baths
1,170 SqFt
$555/SqFt
Condo
Schools Nearby

Location

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500 Bay Ave Unit 201N, Ocean City$649,900

Buyer Closing Credits

$7,718*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Car
Garage1 space
Year Built1977
HeatingElectric
CoolingCentral Air
WaterfrontBay Front, Waterfront
ViewBay, Water, Pool
MLS #583990
StatusActive

About 500 Bay Ave Unit 201N

Fantastic bay views from this beautiful 2BR/2BA condo. Located in the 500 Bay Condominium complex. New LVP flooring throughout, newer windows and updated kitchen and baths. Resort like amenities include heated pool, basic cable, elevators, bay-front clubhouses, fitness center, bike & chair storage rooms, assigned parking in covered garage (space #20), on-site management, spectacular Night in Venice and fireworks display views. See Agent remarks for special assessment info. Sellers willing to pay assessment in full with acceptable offer.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Living Area: 1,170 SqFt

Listing Office:

  • Office Name: Fox Real Estate-Ocean
  • Office Phone: (609) 399-5377

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior: Foyer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Waterfront
  • View: Bay, Water, Pool
  • Exterior: Seawall, Deck/Porch, Elevator, Pool, Storage

Parking Information:

  • Garage Space: 1 space
  • Parking: One Car

Lot Features

Lot Information:

  • Lot: Seawall, Close to Clubhouse

Utilities

Utilities Information:

  • Heating: 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: 9th Street bridge to left on Bay Avenue to 5th Street, building on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,900
  • Price Per SqFt: $555/SqFt

HOA Fees:

  • Amount: $659
  • 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 201N vs Ocean City

23 DAYS ON ROCKET

-43 Days

$649,900

-$329.1K Less

$555/SqFt

-$134 Less

KEY TAKEAWAY

This property is $329.1K less than the Median Sold Price and $134/SqFt less than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #583990

Listing Office:

  • Office Name: Fox Real Estate-Ocean
  • Office Phone: (609) 399-5377

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, 5:20:36 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

$3,970

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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-5176829
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 1.47 miles

  • Public District Grades 4-8

High School

school-card-donut-5176830
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. The most common annual income of people living in Ocean City, NJ is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Bay Ave Unit 201N

What is the listing price of this property?

The listing price of 500 Bay Ave Unit 201N property is $649,900.

What type of property is this?

The property 500 Bay Ave Unit 201N is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 500 Bay Ave Unit 201N 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 201N 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 201N has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Bay Ave Unit 201N is 1,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Bay Ave Unit 201N is 1977.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›500 Bay Ave Unit 201N

This home is located at 500 Bay Ave Unit 201N in Ocean City, NJ and zip code 08226. This 1,170 square foot home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $649,900.

In April 2024 more than 5 listings in Ocean City, NJ were sold above the asking price. During the same period more than 6 listings were sold at asking price, while 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. Listings spent 66 days on the market in April 2024, and had a median list price of $979,000 during the same period.

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

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