Agent Takes: New OCNJ Property Listings for July 12, 2023

Listing #1 – 648-650 Asbury Ave

Property Features: 3,000 Sqft lot, 9 bedroom, 4 bathroom

The Price: $1,395,000

Agent Hot Take 🔥: This is a really neat, older building that was built in the 1920s. It’s a single-family property that offers 9 bedrooms and 4 bathrooms. Years ago, people would live in these homes for the entire summer and essentially pack in the whole family with no A/C! The homeowners seem to have done some renovations, and the house is actually pretty cool. The home has a split system, so it does not offer central air. I don’t love the location, but I don’t hate it, either. For $1.4M, this isn’t a bad buy at all. You could eventually develop or just keep this charming house the way it is.

Property Description: Beautifully restored 1920s home in the heart of Ocean City! Don’t miss the historic charm with extensive 2023 upgrades including air conditioning, an elevator, refinished floors, glass shower enclosures, and much more! Live in the upper house, with stained glass accents throughout, while enjoying income from a lower-level unit! This home is full of character and original details, which must be seen to be appreciated. Furnishings are negotiable, giving the possibility for a turn-key home!

Listing #2 – 336-338 Bay Ave Apt 303

Property Features: 2 bedroom, 2 bathroom

The Price: $649,900

Agent Hot Take 🔥: This is a really neat, 2-bedroom, 2-bathroom, bayfront condo. The price is right on considering another unit was asking $599k and is under contract in the same building that wasn’t nearly as nice as this. These units have on-site management, a pool, and a clubhouse, and they offer boat slips. The downside, you ask? Quarterly fees of nearly $2,000 a month. That’s $8,000 a year in condo dues. It’s still in line with a lot of condos in these large buildings, but it’s something people don’t often think about. It’s a great deal at a good entry-level price, and you’re bayfront. A good listing!

Property Description: Welcome to Bay Ave, Ocean City, where a beautiful 2-bed, 2-bath condo awaits you. Located in a prime coastal area, this condo offers a delightful blend of comfort, convenience, and stunning ocean views. The Bay Club is the most sought after bayfront condominium building which offers onsite management, a bayfront pool, community clubhouse, boat slips available for rent, 38′ max rental price ranges $1500-$3500. Garage parking and pets are allowed.

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