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718-20 Bay AveOcean City, NJ 08226

Multi-Family
$1,095,000 Active

718-20 Bay Ave Overview

Time on Site:
136 days
Visits:
52

North End Corner Duplex! A great opportunity to own the whole building, rent or use! Fantastic investment opportunity featuring TWO rental units just steps from the bay and downtown shopping. The first-floor unit offers 3 bedrooms, 1 bath, an updated kitchen, hardwood floors, garage and fenced backyard. The second-floor unit includes 2 bedrooms, 1 bath, and a spacious deck ideal for relaxing or entertaining. With great rental history and an unbeatable location, this property is perfect for investors or those seeking a summer getaway with income potential.

Listing provided courtesy of BHHS FOX and ROACH-109 34th OC- MLS# 604715MLS Provider
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718-20 Bay Ave Facts & Features

  • Type Multi-Family

Details

General

Listing Information

  • Auction: No
  • Bank Owned/Foreclosure: No

Building Information

  • AGE: 25+ Years
  • New Construction: No
  • Year Built: 1952

Location/Region

  • County Or Parish: Cape May
  • LOCATION: Corner,See Remarks
  • MLS Area Major: Ocean City/Northend

Tax Information

  • Tax Annual Amount: $5,730.00
  • Tax Year: 2025

General Information

  • Estate: No
  • Property Sub Type: Duplex
  • Property Type: MULTI-FAMILY

Interior

Parking Information

  • GARAGE: None

Building Interior

  • # of 1 Bedroom Units: 1
  • # of 3 Bedroom Units: 1
  • WATER HEATER: Gas

General Information

  • Appliances: Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator
  • Cooling: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Gas-Natural

Room Information

  • OTHER ROOMS: Dining Area,Eat In Kitchen,Kitchen,Living Room

Exterior

Parking Information

  • Parking Features: One Car

Lot Information

  • Lot Size Dimensions: 65 x 65
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Concrete, Vinyl

General Information

  • Exterior Features: Curbs, Fenced Yard, Outside Shower, Porch, Sidewalks
  • Sewer: Public Sewer

718-20 Bay Ave Neighborhood

Community

08226 (OCEAN CITY) Demographics

57
Median Age
863
Population Density (per sq. mile)
60%
College Educated
$87,060
Estimated Median Income
3,696
Estimated Total Home Owners
1,507
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

718-20 Bay Ave Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

718-20 Bay Ave Market Data

Based on the last 30 days in this zip code

$1,839,987
Average List Price
$1,140
Average Price per Square Foot
7
Properties Sold
90
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

718-20 Bay Ave History

Date Event Value Agent
2/13/2026Source: South Jersey Shore MLS Added to Database
February 13, 2026
Mark Grimes
Listing Agent
7/6/2023Source: South Jersey Shore MLS Price Increase
$525,000 2.9%
6/20/2022Source: South Jersey Shore MLS Added to Database
November 29, 2021