In this video we break down the top new listings to hit the market in Ocean City NJ this week. We give you our local insights about Ocean City NJ to explain why we like these properties. Below is a link to all the properties we discussed in this video. Feel free to reach out to us directly regarding any of these great homes.
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Gray Haenn Call/Text: 215.421.7609 Email: [email protected] -------------------------------------------------------------------------------------------------------------------------------------------------------- 00:00 Introduction 00:29 536 Bay Ave, Ocean City, NJ 02:57 1243 Bay Ave, Ocean City, NJ 04:25 1652 Asbury Ave, Ocean City, NJ 05:45 2 Brittany Dr, Ocean City, NJ 07:48 1125 West Ave, Ocean City, NJ 09:36 Outro
And welcome back to another exciting episode of our Ocean City Real Estate Roundup. We are
your hosts. I'm Gray Hawn with Burger Realty. And I'm Pat Tavish with ocnjones.com. Every week we
showcase five new listings that we think are good buys, give you our insight, our opinions,
and we try to let you know what's going on. And this week Pat's going to start us off.
So we're starting off with 536 Bay Avenue. This is a second floor condo. It's about 1200 square
feet, three bedrooms, two bathrooms. It was fully renovated in 2022. The biggest thing here
is that it includes a heated boat slot. Listed just over a million at $1,099,000.
The renovation is beautiful. They did a really nice job. And it also has great
open space from your deck. Do you have views from the deck? You do. Nice views from the deck.
Not directly on the bay or pushback. A little different setup on this lot.
But it's really nice. Yeah, I like this. I sent this out for client as well. The first hit,
you know, has a beaded boat slip. You're not on the bay, but you are on the bay. And I think this
was their primary residence. The house shows really well. The finishes are really high end.
There's even like a ground floor deck area that's shared right off the front, right up front of the
house. It's just a really cool space. Very private, exclusive. Is there the condo association
there? Is there multiple buildings? I believe there are three buildings there when they
originally developed it. You have the front building that's on the bay. You have the middle
building where this is listed for sale. You have the one on the bay. So you're not even on bay
avenue. You're kind of tucked back in there. You have off street parking, decks. I like, right,
it's the beaded boat set. Yeah. For me, that's a great spot. It's a good location. Yeah, great
location. And you have, uh, you know, all the parts right there and right next door,
where is there a city called that, that one part on the, on the bay of this street?
You know that answer? I can't think of it right now. So we're going to move on to the next one.
Or what do you think of the price there? I, it's such a unique property. You know,
you have to kind of take into account the other little things. I mean, if you take away that boat
was, you got the water view, but also I think it's pretty good. Comparable with the one that
went under it or even years that we mentioned a few weeks back. Um, and that was the first floor
unit. You were directly on the bay, both splits, but you're in a large kind of medium as a pool
as a pool. And that was the one, one, I think there was a little bit more. Um, so yeah, I think
it's pretty straight for what that next on the list. We're going to new construction,
single family home. This is 1243 bay Avenue. It's six bedrooms, three and a half bathrooms
on a 40 by 115 lot. This is a, it's a quality build with high-end finishes, multiple decks,
multiple living areas, two car garage. Again, it's a single family home. The asking price is
$1,849,000. Who's building this house? It's a nice house. It's pretty much done. It's ready
for the summer. They did a good job. It's on the ocean side of bay Avenue and it's,
it's a good price for what it is compared to, you know, they're asking over 2 million for
anything else. I agree. I think this is a great opportunity for new construction home. You're
not going to find a single family under 2 million. They're just, they're pretty rare.
You have a listing down on Roosevelt. I think it's a great buy as well. I think these are
one of the only two that are single families, new construction that are for sale under 2 million.
And he doesn't, I've sold some of those properties in the past. He has a great job,
quality builder. You know, you're a little further from the beach there, but I do like that location
and you've got a full size lot, oversized lot.
Yeah. It's six better. A lot, a lot of space, a lot of room. Yeah. That's a good price.
Jumping into central location here. 1652 Asbury Avenue. This is your prototypical three bedroom,
two bathroom, a little over a hundred square feet. This one was built, I believe in 2014.
So you have upgraded finishes in it. It's very well maintained. You've got multiple decks,
catch garage, and you're right outside that downtown district. Still a short walk to the
beach and boardwalk. It's got great rental potential in that area. It's a very desired
area. And this one is listed at a million 125. In this zone, that's where we've kind of been
Yeah. It's been sitting around that one, one zone for these three bedrooms on Asbury Avenue.
Central location just out of downtown. I mean, right. This place has never been rented. It's
really well, really good shape. You can move right in. I do like that, right. Two blocks away from
downtown, but that's enough buffer where you're not in the thick of everything. Same thing with
the beaches and the boardwalk, you know, all the rides, the shops that all start two blocks away.
That's a good spot. Yeah. Good location. Right. The rental potential here, these units rent out
really well, but they get a lot of shore. You know, you're getting, you know, the early June
and the September, October block party. Yeah. But you're just outside the downtown. So it's
still quiet, but everything's very beautiful. Well, the next on our list is to Brittany drive.
This is in the garden. I really liked this one because it's not a private beach, but you were
on the beach on the bay side. It's four bedrooms, two and a half bathrooms, 2,700 square feet.
It's on a large 69 foot by 139 feet lot in the gardens. And basically you have the private bay
access. It's dated, but very well maintained. You know, you can use some updating the asking
price is 3 million, 495,000. Again, this is on the bay and you basically have your own,
you know, like private beach that you share with a couple of neighbors, but you're on, you know,
launch your, launch your paddleboards, your kayaks. You can go sit on the beach there.
It's a great spot. This is an area that I've always been fascinated with. Yeah.
Brittany drive. I don't know what you call it. I guess nature way, technically some,
some sort of way, but it's a private beach. I believe it's shared by a year, a dozen or less
homes right on that strip there. You know, that has that little bay beach access. The only downside
to this property, you don't have your own boat slip here, but you, you have unbelievable views
to get used to the bay beach right out front. So, you know, it's that, that bay beach.
And then you're kind of on the beach, but don't base that, but you don't have the boat slip,
but you're still a great garden location. Most of the beach, if you want to go to the ocean
it is a little dated, but it's a nice property, very rare location. So I mean,
that the price point pretty justified for what it is. It is. Yeah. Right. I mean,
you look at the picture, you'll see, it looks very dated. I need some work, but
you're paying for that location or that opportunity to have that, that baby access.
I think, you know, there are some people that don't want to be on the bay. They're not a state
boat people. They didn't want those views, the calm waters and a little seclusion.
You sit there on the beach and you're not, you know, 4th of July, you wouldn't know it.
Good spot. You spoke to the people in the boat watching there.
Our last one here is 1125 West Avenue. This is again, a three bedroom, two bath condo,
1,150 square feet. You know, central location, you are on the ocean side of West.
Price points with those sticks out here. It's listed at 769,000. Great entry level property.
You have three bedrooms, ocean side of West, right outside, you know, right around the corner from
downtown district. Has great rental potential as well. This is used as a primary home, but
really what sticks out here is, is the price point. Yeah. It's the price. I mean, this place,
it just, it's very lived in right now. It could be easily cleaned up, paint, new furniture,
and I don't think there's going to be much you have to do there. Like bedroom, bathroom wise,
our kitchen bathroom, but yeah, for 769,000 ocean side of West, three bedrooms, two bathrooms.
But again, it's just, it's lived in. It's somebody's primary home. You know,
they're taking advantage of all the space, but again, it's, you know, what's available
in ocean city right now under 800,000 for three bedrooms. It's not much. Yeah. I mean,
and you want to be in that downtown area, you know, you were walking out your door and
and a good opportunity where, you know, you're getting a good price point and, you know,
your rentals could really cover a lot of your, that'd be a good point. I don't know. Not really
well, not price point. You know, that, that would get very close to cover the whole thing,
but it would definitely take that a good portion of it. Right. So that wraps it up for another
weekly real estate roundup where we go over five new listings and just make one error about what
like nine or 10 new listings this week. And we, we try to be very selective and we discuss them
and pick what we think are the best five. So the market is active. It's starting to pick up now
post super bowl, the hopefully no more snow storms, warm weather. So it should be a very
healthy, active market. We appreciate you guys tuning in, please like subscribe, comment,
share with your friends. We are your hosts. I'm Gray Hahn with Berger Realty.
And I'm Pat Davish with OCNJHomes.com