Agent Takes: New OCNJ Property Listings for November 10, 2023

Listing #1 – 2012 Asbury Ave Unit 1ST

Property Features: 1,191 Sqft, 3 bedroom, 2 bathroom

The Price: $999,000

Agent Hot Take 🔥: I feel like I haven’t written about a good old standard 3-bed, 2-bath property on the Gold Coast for a little while now. Lots of people are holding onto properties like this, so they aren’t coming up on the market as much. This is a great, entry-level property with very little risk. You can rent it as-is for about $40k a summer or upgrade it and get around $55k. It definitely needs some work, but trust me, these things are good, safe investments. I think they need to reduce this price, though. The $1M price tag for older 3 beds just isn’t there right now, but high 8’s to maybe low 9’s and we’re talking. Who knows though, with such little inventory, maybe they’ll get their number.

Property Description: Asbury Ave BEST BUY!! Beautiful Goldcoast 3 bedroom 2 bath 1st floor just 2 short streets to the beach and the boardwalk. Recent upgrades (May 2023) include: new kitchen with SS appliances, granite countertops, self closing custom cabinets, back splash, tile flooring with new carpet, new lighting/ceiling fans, fresh paint and much more. Additional features include a spacious awning covered front deck, back deck, enclosed outside shower with a garage with an additional storage room. Fully booked for summer 2023 and 2024.

Listing #2 – 51 Asbury Rd

Property Features: 3,000 Sqft lot, 4 bedroom, 2.5+ bathroom

The Price: $1,399,000

Agent Hot Take 🔥: This is a nice single-family property. Four bedrooms, 2.5 bathrooms, and down by the Gardens for $1.4M isn’t too bad. I don’t think this one will sit around for too long.

Property Description: Come check out this beautiful custom single family home in the Gardens Section of Ocean City! Features 4 Bedrooms, 2.5 Baths, Upside Down configuration boasting cathedral ceilings in living area and Master Bedroom – on suite bathroom and walk-in closet. Hardwood Floors in open concept living area, Large Kitchen, Backsplash & Light Fixtures. Enclosed Sunroom allows for additional Living Space. Offered partially furnished and move in ready. 3 Bedrooms and Full Bath on first level. Private fenced in yard- (perfect for a potential patio) & outside entertaining & enclosed outside shower. Off-street parking for 3 cars. This home is a must see! Just a bike ride away from Asbury Ave Shopping/Restaurants or the Boardwalk! Perfect location! Tucked away on a quiet street, yet in walking distance to the beach, bay and yacht club.

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