500 Bay Avenue, Unit 505N

Ocean City, NJ 08226

$750,000
Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Spectacular unit in 500 Bay. This is the one you have been waiting for. All the work has been done for you. Totally redone! Newer Hurricane impact resistant windows, all new doors, newer custom chef's kitchen by Asbury kitchen and baths. New custom bathrooms , hardwood floors, recessed lighting, and built in closet system. Great views of the bay' Dining room set and sleeper sofs included in sale. New AC unit just installed. Enjoy the morning sun and fireworks from your private deck! Seller will pay...Spectacular unit in 500 Bay. This is the one you have been waiting for. All the work has been done for you. Totally redone! Newer Hurricane impact resistant windows, all new doors, newer custom chef's kitchen by Asbury kitchen and baths. New custom bathrooms , hardwood floors, recessed lighting, and built in closet system. Great views of the bay' Dining room set and sleeper sofs included in sale. New AC unit just installed. Enjoy the morning sun and fireworks from your private deck! Seller will pay special assessment! of 11,134.00 !
  1. Listed by GLORIA VOTTA, ABR, CRS • BHHS FOX and ROACH-Simpson OC

Property Details for 500 Bay Avenue, Unit 505N

City/Community
Ocean City
Class
CONDOMINIUM
Parking - Exterior
Assigned
Waterfront (Y/N)
Yes

Location

Listing Courtesy of BHHS FOX and ROACH-Simpson OC
Add your commute
LISTING UPDATED: 04/21/2024 10:08 AM

Property Details for 500 Bay Avenue, Unit 505N

StatusActive
MLS #582721
Days on Market59
Taxes$3,233 / year
HOA Fees$699
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDOMINIUM / Condo
Year Built1977
CountyCape May County

Building

500 Bay Condominiums

6 StoriesBuilt in 1977

Location

Listing Courtesy of BHHS FOX and ROACH-Simpson OC
Add your commute

Building Information for 500 Bay Avenue, Unit 505N

Building/Complex500 Bay CondominiumsFloor-Stories6Residences-Pet PolicyNot AllowedYear Built1977

Payment Calculator

$5,061 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$269

HOA Dues

$699

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Bay Avenue, Unit 505N

Summary
Location and General Information
  • Address: 500 Bay Unit 505N Ave
  • Address Number: 500
  • Address Search Number: 500
  • Address Street: Bay Unit 505N
  • Area: Ocean City/Bay Area
  • Condo Name: 500 Bay
  • County: Cape May
  • Directions: 9th Street Bridge to Bay Ave left to 500 Bay
  • Fips Code: 34009
  • Location: Bay Front, Bulkheaded, See Remarks
  • State: NJ
  • Street Designation: Ave
  • Unit #: 505N
  • Unit Location: Water View
  • Zip: 08226
Parking
  • Garage: One Car
Taxes and HOA Information
  • Assoc Fee Includes: Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • LVT Date: 03-01-2024
  • Management: Association
  • Monthly Assoc Fees: $699
  • Tax Year: 2023
  • Taxes: 3233
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 412
  • Lot #: b508 11
Property and Assessments
  • # of Levels in Unit: One
  • # of Stories in Bldg: Six to Ten
  • Age: 21 to 25 Years
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Associated Document Count: 2
  • Common Area Features: Cable TV, Clubhouse/Clubroom, Deck/Porch, Pool, Security, Storage Facility
  • Doc Timestamp: 03-03-2024
  • Estate Y/N: No
  • New Construction: No
  • Total Assessment: 321700
  • Water: Public Water
  • Adult Community/55+: No
Utilities
  • Full Baths: 2
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Concrete
Interior Features
  • Air Conditioning: Central
  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Half Baths: 0
  • Heating: Electric, Forced Air
  • Rooms: 7
  • Unit Features: Hardwood Floors, Kitchen Center Island, Master Bath
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No
Rental
Rental Information
  • Pets: No pets allowed

Property History for 500 Bay Avenue, Unit 505N

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 500 Bay Avenue, Unit 505N

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

St. Augustine Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

500 Bay Avenue, Unit 505N is a condo for sale in Ocean City, NJ 08226. This property was listed for sale on March 1, 2024 by BHHS FOX and ROACH-Simpson OC, it's currently listed at $750,000. This listing's school district is Ocean City School District. Nearby schools include Ocean City Primary School, Ocean City Intermediate School and Ocean City High School. 500 Bay Avenue, Unit 505N is a 2-bed, 2-bath, condo built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS FOX and ROACH-Simpson OC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.