Why Buy A House In Ocean City NJ
Sean Morrisey September 29, 2020
Sean Morrisey September 29, 2020
Ocean City is a world-class tourist hub attracting thousands of people to its shores during the vibrant summer months. Located in Cape May County, this family-oriented destination is a breathtaking display of affluence, entertainment, and good-natured fun. Its magnificence has earned appeal around the world noted as one of the best family destinations on the planet. Walking around the Ocean City boardwalk can give one goosebump due to its beautiful colors, welcoming atmosphere, and exhilarating attractions. The lovely city connects to surrounding townships via bridges such as the 34th Street Bridge and Ocean City-Longport Bridge. Several grand properties sprinkle across the area offering stunning views, all-encompassing amenities, and a delightful array of features. This magical location continues to win the hearts of millions and is one of the more treasured gems in New Jersey.
There are currently 274 homes and 461 condos for sale in Ocean City New Jersey. Properties currently for sale in this community are listed from $59,900 to $12,950,000. Most properties for sale in this area have approximately 1,665 square feet, 3 beds, and 2 baths. The average sale price over the last 6 months is $737,676.
The median home value of single-family homes and condos in Ocean City is $631,007. This value is seasonally adjusted to remove outliers and only includes the middle price-tier of homes. Ocean City home values have gone up 7.3% over the past year and Zillow predicts they will rise 5.8% within the next year.
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