Keller Williams Realty Atlantic Shore - Kendrick Andujar
1/73
Listing Courtesy Of: Keller Williams Realty - Washington Township, 8565821200, Christopher Basile
Local Realty Services Provided By: Keller Williams Realty Jersey Shore
Overview
What It'll Cost
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$3,500,000
38 BAY AVE, OCEAN CITY, NJ 08226
5 Beds
4 Baths
3,409 sq ft
.1 ac
Price Drop: $450,000 (6 days ago)
$3,500,000
$3,950,000

38 BAY AVE, OCEAN CITY, NJ 08226

Estimation provided by Keller Williams Realty Inc.
5 Beds
4 Baths
3,409 sq ft
.1 ac
Active
For Sale
Virtual Tour

Property Description

Waterfront home at 38 Bay Avenue, Ocean City, NJDiscover 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

Compare This Home
Overview
Property Type
Detached
Property Size
3,409 sq ft
Year Built
1988
Days on Site
99 Days
HVAC
Cooling: Central A/C,Multi Units, Heating: Forced Air, Cooling Fuel: Electric, Heating Fuel: Natural Gas
Parking
1 Parking Space
Keller Williams Realty Atlantic Shore
Keller Williams Realty Atlantic Shore
1650248

Activity History

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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $3,500,000
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Price & Tax History

Date
Event
Price
03/24/2025
Price Decrease
$3,500,000
(-11.39%)
01/03/2025
Listed
$3,950,000
(+343.82%)
05/15/2000
Sold
$890,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$14,024
(+4.08%)
$1,309,400
Land 988,000 + Additions 321,400
2022
$13,474
(+2.39%)
$1,309,400
Land 988,000 + Additions 321,400
2021
$13,159
(+3.93%)
$1,309,400
Land 988,000 + Additions 321,400
2019
$12,662
(+0.94%)
$1,309,400
Land 988,000 + Additions 321,400
2018
$12,544
(+1.59%)
$1,309,400
Land 988,000 + Additions 321,400
2017
$12,348
$1,309,400
Land 988,000 + Additions 321,400
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

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Car-Dependent Walkable Very Walkable
Keller Williams Realty Atlantic Shore
Keller Williams Realty Atlantic Shore
1650248

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Listing Courtesy Of: KELLER WILLIAMS REALTY-WASHINGTON TWP, CHRISTOPHER F BASILE

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