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Oceanfront Residential Income Property
For Sale
$995,000

322 BOARDWALK #514, Ocean City, NJ 08226

Unit 514 provides an open one-bedroom layout, two full baths, and direct boardwalk access.

Property Size1,102 SF
Price / SF$921.30
Days on Market102

Property Features for 322 BOARDWALK #514

General Information

Standard status Active
Size 1,102 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/2BA
Multifamily Units 1

Amenities

beachfront heated pool
fitness center
multi-purpose gathering room
recreation lounge with library and large-screen TV
front desk personnel and security
on-site management
assigned parking
private storage

Building Details

Building Size 1,102 SF
Year Built 1973
Listing Agency: Goldcoast Sothebys International Realty
Listed By: Burton F Wilkins · License #3358691
Source: Anthonychiolo.kw
Added: May 23 Changed: Aug 30 Last Checked: Aug 31 at 12:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goldcoast Sothebys International Realty

Investment Insights

Based on property information with market context.

Unit 514 is a beachfront condominium residence with approximately 1,080 square feet, currently arranged as an expansive one-bedroom, two-full-bath layout. The home includes an oversized primary bedroom, updated bathrooms, an open kitchen with stainless steel appliances, breakfast bar seating, a dedicated dining area, and a spacious living room oriented toward the ocean. An oversized wraparound deck extends the living space outdoors. The residence is located in the 14 stack, a configuration commonly arranged as a two-bedroom floor plan, and can be converted back to that layout if desired.

Gardens Plaza provides direct boardwalk access along with a beachfront heated pool, fitness center, recreation lounge, gathering room, front desk and security personnel, on-site management, assigned parking near the lobby entrance, and private storage. The property is positioned on Ocean City's north end near shopping, dining, entertainment, and surrounding shore points.

Key Highlights

  • Direct oceanfront position with unobstructed Atlantic Ocean views and an Atlantic City skyline backdrop
  • Approximately 1,080 square feet in the 14 stack, currently configured as 1 bedroom and 2 full baths
  • Oversized wraparound deck with panoramic water views

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Big Box & Wholesale Store Home Appliance Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 08226, NJ

11,229
Population
20,905
Households
0.5
Avg Household Size
57
Median Age
55%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
1,651
Density / Sq Mi
$101,782
Median Household Income
$54,323
Median Earnings
$1,670
Median Rent
$719,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Unit 514 provides an open one-bedroom layout, two full baths, and direct boardwalk access.
Where is this residential income property located?
The property is located at 322 BOARDWALK #514 Ocean City, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Direct oceanfront position with unobstructed Atlantic Ocean views and an Atlantic City skyline backdrop; Approximately 1,080 square feet in the 14 stack, currently configured as 1 bedroom and 2 full baths; Oversized wraparound deck with panoramic water views
More about this property
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