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38 Bay Avenue

OCEAN CITY, NJ 08226
  • $3,950,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: NJCM2004512
UPDATED: 18 min ago
$3,950,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,409
    SQFT
  • $1,159
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1988
County:

School Ratings & Info

School District:

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 youre seeking an income-producing property, a personal oasis, or a mix of both, 38 Bay Ave delivers it all. Ocean Citys 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 youre 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.Dont miss your chance to own this incredible waterfront property! Contact us today to schedule your private tour.

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©2025 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Flagship Properties Group | Keller Williams Shore Properties. 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. Data last updated: 2025-01-17T13:56:14.017.
www.flagshippropertiesgroup.com/homes/158977282
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38 Bay Avenue OCEAN CITY, NJ 08226

  • Price: $3,950,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 18 min ago
  • ID#: NJCM2004512
5
Beds
4
Baths
0
½ Baths
0.1
Acres
3,409
SQFT
$1,159
$/SQFT
1988
Built
Neighborhood:
Bay Front
County:
Cape May
Area:
Ocean City City (20508)
School District:
Ocean City Schools
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 youre seeking an income-producing property, a personal oasis, or a mix of both, 38 Bay Ave delivers it all. Ocean Citys 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 youre 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.Dont miss your chance to own this incredible waterfront property! Contact us today to schedule your private tour.
Exterior Features

Architectural Style Coastal Construction Materials Frame Garage Spaces 1.00 Garage Type Garage - Front Entry Garage YN Yes Parking Types Attached GarageDrivewayOn Street Pool No Pool Roof Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3409 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CMulti Units Fireplace YN No Heating Forced Air Heating YN Yes Inclusions All Appliances in both units Levels 2 Main Level Bedrooms 2 Pets Allowed No Pet Restrictions Upper Level1 Bedrooms 3

Property Features

Acceptable Financing CashConventionalPrivate Accessibility Features None Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street 1st Street Federal Flood Zone SPECIAL AE Federal Flood Zone YN Yes Foundation Details Block Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality OCEAN CITY CITY Navigable Water YN N New Construction YN No Original MLSNumber 803536875964 Ownership Interest Fee Simple Pets Allowed YN Yes Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 14691.00 Tax Lot 00003 Vacation Rental YN No Water Source Public Zoning R

Listing courtesy of Keller Williams Realty - Washington Township: .


©2025 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Flagship Properties Group | Keller Williams Shore Properties. 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. Data last updated: 2025-01-17T13:56:14.017.
 
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Flagship Properties Group | Keller Williams Shore Properties
1030 Hooper Ave
Toms River NJ, 08753