#590176, Listing Office: eXp Realty - Ocean City O382L
Property details
About 38 Bay Ave
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.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air, Multi Unit(s)
Size3,409 sqft
Lot size0.1 Acres
Year built1988
ParkingGarage - Front Entry, Attached Garage,Driveway,On Street
MLS #NJCM2004670
Garage1 space
WaterfrontShared
Summary
- MLS Number: NJCM2004670
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty - Washington Township
- Office Phone: (856) 582-1200
- Office Email: frontdesk943@gmail.com
- Listing Agent: Christopher F Basile
- Agent Phone: (856) 582-1200
- Agent Email: cbasile@kw.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,950,000
38 Bay Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,309,400 | $14,023 |
| 2022 | $1,309,400 | $13,159 |
| 2021 | $1,309,400 | $13,159 |
| 2020 | $1,309,400 | $12,805 |
| 2019 | $1,309,400 | $12,544 |
History based on county public records data.
Nearby schools
5
Ocean City Primary School
Public District PK-3
0.5 mi
•550 West Ave
2
Dawes Avenue Elementary School
Public District KG-3
2.6 mi
•22 W Dawes Ave
6
Seaview Elementary School
Public District PK-4
3.2 mi
•2013 Wabash Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,786. Residents of Ocean City, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
10%
<35k
55%
35k-100k
31%
100k-200k
4%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
9%
Single, with Kids
27%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Horse Races
PGA/LPGA
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
LongHorn Steakhouse
Bonefish Grill
What do the neighbors drive?
Mazda
Buick
Lincoln
What do the neighbors listen to?
Rock
Contemporary Inspirational
Classical
All data provided by Home Junction and Claritas
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This home is located at 38 Bay Ave in Ocean City, NJ and zip code 08226. This 3,409 square foot home, which was built in 1988, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $3,950,000.
In February 2025 more than 3 listings in Ocean City, NJ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Ocean City, NJ between January and February 2025 increased by 4.1%. While the average time on the market in February 2025 was 64 days, the median list price was $980,000.
From Rocket Homes Real Estate and based on county public records data.