38 Arkansas Ave Ocean City, NJ 08226

$7,995,000
7 beds
5 full, 1 partial
5,109 sqft
$1,565 / sqft
House

Property details

About 38 Arkansas Ave

This magnificent new construction home is the latest project from local esteemed builder, Halliday Leonard. This rare OVERSIZED 80’ x 105’ waterfront lot is truly a unique opportunity offering 7 bedrooms, 5.5 baths, and spanning over 5,100 square feet. This masterpiece will be the perfect home for your friends and family to enjoy summers on the water, or for year-round living. Located on the Arkansas Ave & Walnut Road canal in the Riviera neighborhood, which gives you quick access to the open bay. You'll keep everyone active and entertained at home with a brand new dock, multiple decks, and a pool. The exterior's classic cedar siding invokes memories of generational summer cottages, and the interior will be finished to the highest standards. Some interior features will include two fireplaces; one in the living room, one in the master bedroom, a custom kitchen with a massive island and Wolf/SubZero appliance package, and an elevator for convenient access to the second and third floors. The second floor offers 5 bedrooms, including two ensuites and an expansive master suite. The two other bedrooms share a jack-and-jill bath. Head up to the third floor to find two more generously sized bedrooms, a full bath, and a recreation room that opens to a sunny deck. There is also a large loft space on the third floor, perfect for a play area, an office space, or possibly a fitness area. Don't put off investing in a home for your family's dreams to become happy memories.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Zoned
StatusActive
CoolingCeiling Fan(s), Central Air
Size5,109 sqft
Year builtNew Const., 2025
ParkingParking Pad, Two Car
MLS #589937
Attached garage2 spaces
WaterfrontBay Front, Lagoon, See Remarks
FireplaceBuilt-In, Gas Log, Living Room, More Than 1, See Remarks
ViewBay, Lagoon, See Remarks
Private poolYes

Summary

  • MLS Number: 589937
  • Office Name: LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
  • Office Phone: (609) 938-9954

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. © 2025 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: 2/5/2025, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front yard and a garage

$7,995,000

38 Arkansas Ave

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Price information

Property sales

DateEventPrice
Oct 03, 2024
Home Sold
$3,550,000

Tax history

YearAssessmentProperty Tax
2024$1,273,300$13,637
2022$1,273,300$12,721
2021$1,273,300$12,721
2020$1,273,300$12,452
2019$1,273,300$12,198

History based on county public records data.

Nearby schools

5

Ocean City Primary School

Public District PK-3

1.5 mi

550 West Ave

5

Upper Township Elementary School

Public District 3-5

2.7 mi

50 N Old Tuckahoe Rd

2

Dawes Avenue Elementary School

Public District KG-3

3.6 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 $84,598. Most Ocean City, NJ residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

9%
<35k
48%
35k-100k
28%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
3%
Single, with Kids
50%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
6%
12-17 yrs old
7%
18-34 yrs old
40%
35-64 yrs old
40%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PaneraPanera
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • InfinitiInfiniti
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 38 Arkansas Ave

This home is located at 38 Arkansas Ave in Ocean City, NJ and zip code 08226. This 5,109 square foot home was built in 2025. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $7,995,000.

While more than 9 listings in Ocean City, NJ in January 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 36 were sold below. In January 2025 in Ocean City, NJ there were 16.4% more homes for sale than in December. Listings spent 71 days on the market in January 2025, and had a median list price of $959,733 during the same period.

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

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