Ocean City Homes under $500,000

Ocean City Homes under $500,000

Welcome to Ocean City, New Jersey—a stunning coastal destination that perfectly balances the charm of small-town living with the vibrant energy of a beachside community. Nestled in Cape May County, Ocean City is known for its family-friendly atmosphere, pristine beaches, and a lively boardwalk filled with shops, restaurants, and amusement rides. Whether you’re looking to soak up the sun, enjoy water sports, or savor delicious local seafood, Ocean City has it all!

One of the most appealing aspects of Ocean City is its diverse real estate market, which offers a variety of homes under $500,000. This makes it an ideal location for first-time homebuyers, retirees, or anyone looking to invest in a vacation property. From charming beach cottages to modern condos, there’s something for everyone. Imagine waking up to the sound of waves crashing and being just a short stroll away from the sandy shores. With a budget-friendly home, you can enjoy all the perks of beach living without breaking the bank.

Beyond the beautiful properties, Ocean City boasts a strong sense of community, with numerous events and activities throughout the year, including festivals, farmers' markets, and outdoor concerts. The schools in the area are highly regarded, making it a great place for families to settle down.

With its stunning coastal views, welcoming atmosphere, and homes that fit a variety of budgets, Ocean City, NJ, is more than just a destination; it’s a place to call home. Come explore the possibilities and find your perfect slice of paradise!

Newest Ocean City Homes under $500,000

3408 Haven Ave Unit #212, Ocean City
$179,900
1 Baths ⋅ 612336 MLS ⋅ Crossings BLDG.
Beautifully maintained efficiency condo in a prime Ocean City location! This move in ready unit features heating and A/C, luxury vinyl flooring, newer windows, and a newer front door, and more. Enjoy excellent building amenities including a heated pool, kiddie pool, elevator, on site laundry, and game room. Conveniently located near the beach, playground, tennis courts, and shopping. With a strong rental history from Memorial Day through Labor Day, this is a fantastic opportunity for a personal shore getaway or investment property!

3408 Haven Ave Unit #212, Ocean City
900 Wesley Ave Unit #103, Ocean City
$240,000
1 Beds ⋅ 1 Baths ⋅ 612300 MLS ⋅ Sun Beach BLDG.
Welcome to 900 Wesley Avenue #103, a beautifully updated first-floor studio condo in the heart of Ocean City! Fully furnished and move-in ready, this turnkey unit is just a short walk from the beach, boardwalk, and Asbury Avenue. The condo features a smart, efficient layout with a kitchenette including a refrigerator, sink, and microwave. It also comes with designated Parking Spot #103 — the first spot in the lot for easy access. Enjoy great community amenities including a heated swimming pool, spacious sun deck, bike and beach gear storage, card-operated laundry, commercial ice machine, and internet. Whether you’re looking for a weekend getaway, vacation home, or income-producing rental, this low-maintenance condo offers an unbeatable Ocean City location. Park the car and enjoy the beach, boardwalk, shops, restaurants, and everything the shore has to offer!

900 Wesley Ave Unit #103, Ocean City
900 Wesley Ave Unit #220, Ocean City
$219,900
1 Baths ⋅ 612282 MLS ⋅ Sun Beach BLDG.
Welcome to the Sun Beach! Just 2 blocks from the Beach and Boardwalk this turnkey condo can bring everlasting vacation memories or generate revenue all year long. This conveniently located studio condo offers a heated pool, assigned parking, onsite coin laundry, storage for your beach gear, a grill, an upper-level sundeck, an icemaker, Wi-Fi, and cable. The coastal decor is bright and cheerful. The unit has a kitchenette, a dining area, electric stovetop and a refrigerator. The location of this unit cannot be beat, walking distance to Asbury Ave shopping, banks, churches, pizza, ice cream and so much more! You'll never have to move your car all summer long!

900 Wesley Ave Unit #220, Ocean City
719 11th Street Unit #416, Ocean City
$325,000
1 Beds ⋅ 1 Baths ⋅ 612281 MLS ⋅ Flanders BLDG.
Come make the iconic, legendary "Flanders Ocean City Resort" your new beach home! This recently renovated 1 bedroom beauty features: Spacious great room, newer carpets, updated kitchen w/ quartz countertops, newer cooktop, newer refrigerator, freshly painted, updated bathroom with gorgeous flooring and elevated vanity w/ quartz top, new handicap walk-in shower, elevator, large pool & sun deck, and comes beautifully furnished & decorated…The Flanders offers care free ownership, and is perhaps the best known, best run "condotel" in all of Ocean City. It has been a part of the Ocean City skyline for almost 100 years. The Flanders offers all the conveniences of hotel living, daily check ins via the front desk, daily maid & linens services, a distinguished concierge service, fitness Room, bike storage area, onsite restaurant, banquet center, spa and gift shop. Fantastic location! (Close to beach, boardwalk & shopping). Great property! (Pristine condition & never rented). Great value! (Great place to hang your hat). Outstanding rental potential! See you on the Beach!

719 11th Street Unit #416, Ocean City
719 E 11th Street Unit #810, Ocean City
$329,900
1 Beds ⋅ 1 Baths ⋅ 612280 MLS ⋅ Flanders BLDG.
Experience the best of Ocean City living in this beautifully maintained 1-bedroom, 1-bath condo at the iconic Flanders Condominium Hotel, ideally located directly on the boardwalk and just steps from the beach. Situated on a high eighth floor, this inviting residence offers a bright, open layout with peek-a-boo ocean views and a comfortable setting for relaxing beach getaways. The thoughtfully updated interior features stylish white shaker cabinetry, granite countertops, a tiled backsplash, an updated bathroom, and newer furnishings. Whether you're searching for your own coastal retreat, a convenient vacation getaway, or an investment property, this condo presents an exciting opportunity. The unit has a strong rental history and income potential, making it an attractive option for both personal enjoyment and investment. Owners and guests enjoy an exceptional array of resort-style amenities, including a heated pool, fully equipped fitness center, on-site restaurant, gift shop, banquet center, coffee shop, and luxurious salon and spa. Professional on-site management and concierge services provide the convenience of hotel living in an ownership setting. The Flanders is one of Ocean City's most recognizable and historic landmarks, having been part of the city's skyline for more than 100 years. With its boardwalk-front location and renowned hospitality, the Flanders combines classic Ocean City tradition with modern convenience. Enjoy the sand, surf, boardwalk, dining, entertainment, and everything else Ocean City has to offer—all right outside your door. A rare opportunity to own a turnkey beach retreat in one of Ocean City's most iconic oceanfront buildings. Flanders Ownership & Rental Restrictions: Rentals: All rentals must be handled through The Flanders’ on-site rental program. Outside rental arrangements are not permitted. Year-round residency: Permanent, year-round residency is not permitted. Owner usage: City ordinance limits owner occupancy to 200 nights per year, with no more than 120 consecutive nights. If enrolled in the rental program: Owner use from mid-June through Labor Day is limited to 14 nights, plus an additional 186 nights during the remainder of the year: subject to the 120-consecutive-night maximum. If not enrolled in the rental program: Owners may use the property for any 200 nights per year, subject to the 120-consecutive-night maximum. Working Capital Buy-In: $1,312.00 is due from the buyer at closing. Associated documents: Seller Property Disclosure, Lead-Based Paint Disclosure, and income/expense reports are available in the associated documents. Also see agent remarks:

719 E 11th Street Unit #810, Ocean City
300 Ocean Ave Unit #A20, Ocean City
$465,000
3 Beds ⋅ 2 Baths ⋅ 612276 MLS ⋅ Ocean Court BLDG.
Spacious 3-bedroom, 2-bath co-op in Ocean Court complex in the North End of Ocean City, just a short walk to the beach, boardwalk, and downtown shopping. Enjoy generous living space and the convenience of reserved off-street parking. Cash purchase only - no financing permitted. Buyer is responsible for a one-time initial co-op buy-in fee equal to 2% of the purchase price. No pets or rentals permitted. A convenient opportunity to own in a prime Ocean City location close to the beach and all the resort has to offer. A co-op apartment is a type of housing where you buy shares in a corporation that owns the entire building rather than purchasing the real estate itself. Instead of receiving a property deed, you receive a stock certificate and a proprietary lease that gives you exclusive rights to a specific apartment.

300 Ocean Ave Unit #A20, Ocean City
921 Wesley Ave Unit #B-25, Ocean City
$317,999
1 Beds ⋅ 1 Baths ⋅ 612258 MLS ⋅ OTHER BLDG.
Coastal living at its finest! This beautifully renovated, move-in-ready 1-bedroom condo is the perfect beach getaway, year-round residence, or income-producing investment. Every detail has been thoughtfully updated, creating a bright, stylish, and welcoming space you'll love coming home to. Enjoy the convenience of a private key-access elevator, indoor bike storage, outdoor shower, and beach chair storage—everything you need for an effortless Ocean City lifestyle. The unit features new windows that slide open from both sides, providing excellent airflow and inviting in the fresh coastal breezes. A front storm door with a convenient drop screen adds to the comfort and functionality of the home. The condo has been thoughtfully remodeled with quality coastal finishes throughout, offering a fresh, comfortable, and truly move-in-ready space. Perfectly situated just a short walk to the beach, boardwalk, restaurants, shopping, and entertainment, this exceptional property puts the very best of Ocean City at your doorstep. Whether you're looking for your own coastal escape, a vacation retreat, a year-round home, or a fantastic investment opportunity, this condo checks all the boxes. Don't miss your chance to own a beautiful slice of the Jersey Shore!

921 Wesley Ave Unit #B-25, Ocean City
736 Wesley Ave Unit #E, Ocean City
$299,900
1 Beds ⋅ 1 Baths ⋅ 612201 MLS ⋅ NONE BLDG.
Imagine having your own place at the Shore, just a few blocks from the beach and boardwalk, with the flexibility to rent it when you’re not enjoying it yourself. This fully furnished, updated 1-bedroom, 1-bath condo puts you right in the heart of Ocean City, close to the beach, boardwalk, shops, restaurants and everything that makes a Shore getaway so special. The condo is move-in ready and has been nicely updated with a kitchen featuring granite countertops, updated cabinetry and tile backsplash, along with a custom-tiled bathroom, fresh paint and luxury vinyl flooring. And here’s the added bonus: there are no rental restrictions and the monthly utilities are super low. Enjoy it as your own beach escape, generate rental income ($22K-$24K), or do a little of both. If owning a place at the Shore has always been on your wish list, this is an opportunity to get your foot in the door and start owning a little piece of Ocean City.

736 Wesley Ave Unit #E, Ocean City
928 Wesley Ave Unit #408, Ocean City
$389,000
1 Beds ⋅ 1 Baths ⋅ 612111 MLS ⋅ Santa Barbara N BLDG.
Charming 1-Bedroom Condo in the Heart of Ocean City. Welcome to your perfect beach retreat! This cozy and inviting 1-bedroom, 1-bath condo, with two new heating/air conditioners units, is ideally located on the 4th Floor. Nestled between the vibrant shops and dining of Asbury Avenue and just two short blocks from the iconic Ocean City Boardwalk and sandy beaches. Whether you're looking for a weekend getaway or a summer rental investment, this charming unit offers the best of shore life. Enjoy your morning coffee on the porch, or head out for a stroll to explore everything this beloved beach town has to offer. Don’t miss your chance to own a slice of Ocean City paradise—this gem won’t last long!

928 Wesley Ave Unit #408, Ocean City
736 Wesley Ave Unit #F, Ocean City
$449,900
2 Beds ⋅ 1 Baths ⋅ 611994 MLS ⋅ NONE BLDG.
If you've been looking for an affordable, cash-flowing investment property in Ocean City, then this condo is the one! This fully renovated 2-bedroom, 1-bathroom unit is located on the top floor of a landmark building in Ocean City. The corner condo is completely turn-key featuring expansive bedrooms, custom tiled bathroom, cozy living area with luxury vinyl flooring, fully equipped kitchen with granite counters, upgraded cabinetry, tile backsplash, stainless steel appliances, separate laundry room and large (7'x10") private storage area for all your bikes & beach gear. In addition to these upgrades, this property also boasts new electrical and plumbing systems, efficient Fujitsu mini splits for heating and cooling, vinyl siding, new concrete sidewalks as well as a state-of-the-art fire safety system for added peace of mind. This property offers incredible rental history as it is conveniently located close to the beach, boardwalk and downtown shopping. Enjoy modern amenities in this beautifully renovated space, ideal for anyone looking for a vacation retreat or incredible investment property at the shore. Visit OCNJHomes.com to schedule your tour today!

736 Wesley Ave Unit #F, Ocean City
935 Ocean Ave Unit #534, Ocean City
$485,000
1 Beds ⋅ 1 Baths ⋅ 611957 MLS ⋅ Ocean Colony BLDG.
1 Bedroom, 1 Bath Condo On The 5th Floor At Ocean Colony In Ocean City! Ocean Views Over The Boardwalk From The Balcony. Ready For Your Updates To Make It Your Own. Fresh Carpeting Throughout The Living Room And Bedroom. Large Walk In Closet Currently Used As A Den Or Extra Sleeping Area. In Unit Washer / Dryer, And More. Desirable Covered (Under Building) Off Street Parking Space. This Unit Is Just A Short Walk To Elevators, Steps, And Trash Chute. Great Boardwalk Front Building, Amenities Include Large Heated Pool Deck, Fitness Center, Saunas, Game Room, Community Room, Sports Deck, And Storage Lockers. Secured Building Also Offers Direct Access To The Famous Ocean City Beach & Boardwalk. Schedule Your Private Tour Today!

935 Ocean Ave Unit #534, Ocean City
840 Ocean Ave Unit #13, Ocean City
$149,000
1 Beds ⋅ 1 Baths ⋅ 611942 MLS ⋅ Sifting Sands BLDG.
Just one block from Ocean City’s beach and boardwalk, this first floor unit at Sifting Sands offers a convenient location close to shopping, restaurants, entertainment, and more. The unit features a bedroom with built-in storage, kitchenette, full bathroom, living area with a sleeper sofa, and dining area. On-site management oversees the rental program and takes care of the day to day responsibilities. Owners can use the unit during the off-season and have the flexibility to rent it as they choose, with personal use during the summer season limited to 21 days. Sifting Sands is now pet friendly and offers a heated pool, laundry room, and on-site parking. With its first floor location, on-site rental management, and proximity to the beach and boardwalk, this unit offers a great opportunity to own a rental property in Ocean City.

840 Ocean Ave Unit #13, Ocean City
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than Berger Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers.

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