$7,000,000

3313-3315 Bay Ave Ocean City, NJ 08226

1.0 acres
Land

Property details

About 3313-3315 Bay Ave

Located at the corner of 34th and Bay Ave in Ocean City, NJ, this property offers a prime real estate opportunity with significant redevelopment potential. Currently housing 32 condo units, its proximity to The Garden State Parkway enhances its desirability, providing convenient access to transportation and nearby amenities. Ocean City itself is renowned for its beaches and community atmosphere, making it a sought-after location for both residents and vacationers. The existing property presents a great opportunity for redevelopment, catering to developers looking to enhance the property's value through modernization or expansion. This investment opportunity not only promises attractive returns but also aligns with the vibrant coastal lifestyle that Ocean City is known for, making it a compelling option in the region's competitive real estate market.

Highlights

Home typeVacant Land
StatusActive
Lot size1.02 Acres
MLS #589469

Summary

  • MLS Number: 589469
  • Office Name: SABAL REAL ESTATE
  • Office Phone: (856) 872-4100

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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.
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Last updated on: 3/14/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$7,000,000

3313-3315 Bay Ave

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Price information

Property sales

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Tax history

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Nearby schools

5

Upper Township Elementary School

Public District 3-5

3.1 mi

50 N Old Tuckahoe Rd

5

Ocean City Primary School

Public District PK-3

5.4 mi

550 West Ave

2

Dawes Avenue Elementary School

Public District KG-3

7.4 mi

22 W Dawes Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,000. The most common annual income of people living in Ocean City, NJ is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

30%
<35k
46%
35k-100k
18%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
4%
Single, with Kids
38%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
6%
12-17 yrs old
11%
18-34 yrs old
39%
35-64 yrs old
38%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 3313-3315 Bay Ave

This home is located at 3313-3315 Bay Ave in Ocean City, NJ and zip code 08226. Features: 0 bathroom. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $7,000,000.

Ocean City, NJ housing market in February 2025 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 24 sold below. Between January and February 2025, Ocean City, NJ real estate market has seen increase in the number of listings by 4.1%. In February 2025, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $980,000.

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

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