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625 Bay Ave, Ocean City, NJ, 08226

5beds
5baths
2,250sqft
$2,275,000
$1,011price/sqft
$14,394/moest. monthly cost
$575,760/yrincome needed

About This Home

Can you imagine relaxing in your backyard oasis, with the shore's warm summer breezes gliding you across the pool while bubblers quiet the hustle of daily life? Imagine no more. Welcome home to your dream coastal retreat with this stunning 5-bedroom, 4.5-bathroom newer-construction single-family home, just steps from the bay. Designed for the ultimate in comfort and luxury, this masterpiece offers three stories of seashore elegance with plenty of room for everyone to enjoy. The first level is your haven, featuring four generously sized bedrooms, including two primary suites with en-suite bathrooms and access to front and rear decks. Two bedrooms share a hall bath. The great room awaits on the second floor, where a spacious living room, dining area, and modern kitchen are enveloped by soaring cathedral ceilings. Equipped with stainless steel appliances, a large island, and soft-close white shaker cabinets, a separate bar area with a beverage cooler makes entertaining a breeze. The primary bedroom, with a massive bathroom and walk-in closet, provides the optionality for an enticing guest room or a private sanctuary away from the kids' rooms on the floor below. An elevator serves every level of the home, including the ground floor, which features a custom-built home office and an epoxy-floored garage with plenty of room for bikes, a pool, and beach toys. The home's unique features include black windows, "Natural Blend" vinyl cedar siding, wide-plank hardwood flooring throughout, quartz countertops, and fully tiled, spa-worthy bathrooms. This home is not just about indoor elegance; it’s an outdoor paradise. The oversized 40x115 lot includes a stunning inground heated pool, a meticulously manicured marble patio, and a fenced-in yard — your perfect gathering place for summertime fun and family gatherings. Conveniently located with easy access to the 9th Street Bridge for nighttime strolls, a short bike ride to boardwalk fun, and steps to all that Asbury Avenue has to offer. This home is a true gem, combining high-end features and thoughtful upgrades with coastal charm — a retreat for both relaxing and entertaining by the sea.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
97
BikeBiker's Paradise

Schools

7/10
Ocean City Primary SchoolGrades PK-30.2 mi
6/10
8/10
Ocean City High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 2023

Materials

  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Burglar Alarm,Dishwasher,Disposal,Dryer,Gas Stove,Microwave,Refrigerator,Self Cleaning Oven,Washer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Carbon Monoxide Detector,Cathedral Ceiling(s),Elevator,Kitchen Island,Storage,Walk-In Closet(s),Eat-in Kitchen
  • Window features: Blinds
  • Flooring: Hardwood,Tile
  • Fireplace features: Built-In,Family Room,Gas Log
  • Fireplace: Yes
  • Attic: Storage

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Multi-Zoned
  • Cooling features: Ceiling Fan(s),Central Air,Multi-Zoned

Interior Area

  • Total structure area: 2,250
  • Total interior livable area: 2,250 sqft

Property

Accessibility

  • Accessibility features: Elevator

Details

  • Parcel number: 2.02

Features

  • Levels: 3 Story
  • Stories: 3
  • Pool features: In Ground
  • Patio & porch: Deck,Porch
  • Exterior features: Deck,Fenced Yard,Outdoor Shower,Pool-In Ground,Porch,Sprinkler System
  • Fencing: Fenced
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 4,600 sqft
  • Lot size dimensions: 40 x 115

Parking

  • Total spaces: 2
  • Parking features: Parking Pad,Attached Garage,Auto Door Opener,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Strong Wind
Hurricane
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,503$138,036
Home Insurance *$465$5,580
Property Taxes $2,178$26,136
Electricity $248$2,976
Total$14,394$172,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$493,508/yr
40% on housing$431,820/yr
45% on housing$383,840/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,011This listing

vs Other Active Listings

Avg $/sqft

ZIP 08226$1,056
Cape May County$614

vs Homes Sold Last Month

Median $/sqft

ZIP 08226$905
Cape May County$460

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-16Listed for sale$2,499,000
2025-07-11Listing removed$2,375,000
2025-05-15Listed for sale$2,375,000
2025-05-12Listing removed$2,375,000
2025-05-06Listed for sale$2,375,000
2025-05-05Listing removed--
2025-03-24Listed for sale$2,699,999
2023-06-01Sold$1,570,000
2023-04-05Pending sale$1,629,000
2023-02-16Listed for sale$1,629,000
2023-01-20Listing removed--
2022-09-23Listed for sale$1,749,000
2021-01-08Sold$950,000

For Sale by Agent

AgentDOROTHY PHILLIPS, BHHS FOX and ROACH-109 34th OC
BrokerageBHHS FOX and ROACH-109 34th OC

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