Agent Takes: New OCNJ Property Listings for January 10, 2024

Listing #1 – 343 Bay Ave

Property Features4,600 Sqft lot, 5 bedroom, 4.5+ bathroom

The Price: $2,285,000

Agent Hot Take 🔥: This is a 5-bedroom, 4.5-bath new construction, and it’s a really nice house. However, I personally don’t love the location. If we strictly consider the numbers, the price seems fair, but given the location, I believe it should be reduced. I don’t see this as an ideal investment property either. This would be more suitable for someone looking to live year-round or someone who doesn’t mind driving to the beach during the summer. It’s a great place, just not in the best location.

Property Description: Gorgeous, custom build, single family home built by Diamante Homes. This high-end quality build comes furnished and includes all the custom window treatments, This incredible home features an elevator servicing both floors, 5 spacious bedrooms, 4 full luxury baths plus a powder room. Second floor boasts 4 oversized bedrooms, bedroom #1 and #2 have their own private bathroom with the addition of a jack and jill bathroom in the hallway for bed #3 and #4. The 3rd floor boasts a spacious great room, dining area, gourmet kitchen, GE Caf series appliances, quartz countertops, hardwood flooring throughout, bay views, laundry room and a spacious primary bedroom with a large closet and beautifully tiled bathroom. All 3 decks off this home have hose bibs, 1 deck with a grill gas line, and BAY VIEWS!! Plenty of parking for family and friends, 2 in garage, 1 outside, and extra garage space for storage or entertainment! Great location, spectacular single family home, ready for your enjoyment.

Listing #2 – 401 56th St

Property Features: 3,000 Sqft, 5 bedroom, 4.5+ bathroom

The Price: $2,750,000

Agent Hot Take 🔥: This is a great single-family home in the South End! You certainly have beach views from here, and the property itself is beautiful. However, the price does appear to be a bit high, and I believe it would be more appealing if it were closer to the $2.5 million mark. A nice single-family home in the South End is a true gem, and I think this is a good buy, suitable for both investors and owner-users.

Property Description: Stunning custom built single family home situated on a corner lot in the quiet Southend neighborhood! Not only does this home span 3 levels, offering 5 bedrooms and 4.5 bathrooms, but it showcases ocean views from multiple decks and is just minutes to the beach! The ground level provides access to the fenced in yard, garage, and foyer where there is ample storage and elevator access. Four bedrooms, including two en suites with decks, and a full bath are found on the first level. The main level features a bright open floor plan with a spacious kitchen, complete with stainless steel appliances, center island, tiled backsplash, and dining area. There is an additional back deck, laundry room, and powder room off of the kitchen. The living area hosts a gas log fireplace and sliders that lead to a large deck, perfect for enjoying the views and entertaining guests. On the top floor is the private master suite, boasting 2 decks with stunning ocean views to wake up to, a wet bar, walk in closet, and a beautifully tiled bathroom. With a great location, ocean views, and plenty of space – You won’t want to wait to make this home yours!

Listing #3 – 301 13th St

Property Features: 1,574 Sqft, 5 bedroom, 2.5+ bathroom

The Price: $749,900

Agent Hot Take 🔥: This is a unique little property. It’s a whole duplex for $750k, and honestly, it’s a steal. Yes, it’s older, and the layout is a bit unconventional, but for an investor, it’s a fantastic opportunity. You could rent it out extensively and potentially, down the line, tear it down and redevelop it to your liking.

Property Description: This Fee Simple Duplex located in the heart of Ocean City features 3 bedrooms, 1 and 1/2 baths in the upstairs unit plus an efficiency apartment downstairs. Property is situated on a corner property and has newer siding, roof, decks, and remodeled kitchen, new hot water heater, and new bathrooms. Amenities include laundry room, pantry, outside shower, front porch, awnings, and 2 parking spaces. A great investment in Ocean City!

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