$3,950,000
For Sale

38 BAY AVENUE

Ocean City, NJ 08226
3409 sqft | 5 beds | 4 baths | 0.10 acres | #NJCM2004512
Listing OfficeKeller Williams Realty - Washington Township
Office Phone(856) 582-1200
Office Emailcbasile@kw.com
Browse 65 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Waterfront home at 38 Bay Avenue, Ocean City, NJ
Discover the ultimate in-bayfront living with this stunning 2-unit property. Perfectly designed for comfort, luxury, and versatility, this 5-bedroom, 4-bath home is an ideal retreat for families, boaters, and investors alike. Two Units with Endless Potential. This multi-unit property offers flexibility for short-term or long-term rentals in one unit while enjoying owner-occupied living in the other. Upgraded kitchens in both units feature modern finishes, granite countertops, and stainless steel appliances; the second-level kitchen is brand new and ready for culinary creations. Both levels have a wide open space to enjoy family time. You can look out over the Great Egg Harbor Bay in the spacious family room with large windows. Generously sized bedrooms that provide comfort for family and guests, as well as ample room to relax and unwind. There are two large decks: Each level boasts a spacious deck overlooking the serene Great Egg Harbor Bay, perfect for enjoying coffee at sunrise or entertaining with breathtaking sunset views. The expansive shared dock area can accommodate a 50'+ boat, making this property a rare find for waterfront enthusiasts. The property extends past the dock, granting full water rights and ownership for ultimate privacy and enjoyment.
Situated towards the Peninsula of Ocean City, this home combines tranquility with convenience, offering easy access to beaches, the boardwalk, shopping, and dining. Whether you’re seeking an income-producing property, a personal oasis, or a mix of both, 38 Bay Ave delivers it all. Ocean City’s competitive tax rates make this a wise investment for primary or rental property owners. Generate substantial income from vacation or long-term rentals, with strong demand for bayfront properties in this area. Whether you’re looking for a personal retreat, a multi-generational home, or an income-producing property, 38 Bay Avenue is a rare find that delivers on every front. Most furniture is negotiable.
Don’t miss your chance to own this incredible waterfront property! Contact us today to schedule your private tour.

  • Property Details
      • Sewer InformationPublic Sewer
      • MLS #NJCM2004512
      • Property SubtypeResidential
      • MLS #NJCM2004512
      • SubdivisionBAY FRONT
      • Property TypePurchase
      • Taxes Annual$14,691
      • Cost3950000
      • Utility SourcePublic
      • FoundationBlock
      • Acres0.10
      • Square Feet3409
      • Year Built1988
      • Bedrooms5
      • Bathrooms4
      • Full Baths4
      • Parking Spaces1

Location

Tom Governale | Keller WilliamsReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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