#592456, Listing Office: BHHS FOX and ROACH-Simpson OC
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 typeSingle Family Residence
HeatingForced Air, Zoned
StatusActive
CoolingCentral Air, Zoned
ParkingSee Remarks, Two Car
MLS #591809
Garage1 space
Summary
- MLS Number: 591809
- Office Name: KELLER WILLIAMS REALTY-WASHINGTON TWP
- Office Phone: (856) 582-1200
- Office Email: tomduffy@erols.com
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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: 4/8/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
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. The majority of Ocean City, NJ residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
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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Frequently asked questions
About 38 Bay Ave
This home is located at 38 Bay Ave in Ocean City, NJ and zip code 08226. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $3,500,000.
While more than 0 listings in Ocean City, NJ in March 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 13 were sold below. Between February and March 2025, Ocean City, NJ real estate market has seen increase in the number of listings by 20.4%. While the average time on the market in March 2025 was 58 days, the median list price was $983,000.
From Rocket Homes Real Estate and based on county public records data.