Ocean City/Central Homes under $500,000

Ocean City/Central Homes under $500,000

Welcome to Ocean City, NJ, a charming coastal gem nestled in Cape May County, where the sun-kissed beaches and vibrant boardwalk create a perfect backdrop for your dream home. Known for its family-friendly atmosphere and rich history, Ocean City is not just a summer destination; it’s a place where lifelong memories are made.

This picturesque city boasts a variety of homes under $500,000, making it an ideal location for first-time buyers, retirees, or anyone looking to invest in a slice of paradise. From cozy beach cottages to modern condos, the real estate market here offers something for everyone. Imagine waking up to the sound of waves crashing and the scent of salt in the air, all while being just a short stroll from the beach!

Ocean City is renowned for its pristine, lifeguard-protected beaches, perfect for sunbathing, swimming, and family fun. The bustling boardwalk features an array of shops, eateries, and amusement rides, ensuring that there’s never a dull moment. Plus, with a strong sense of community and a calendar full of events, including festivals and concerts, you’ll quickly feel right at home.

For those who appreciate outdoor adventures, the nearby wetlands and parks offer opportunities for kayaking, fishing, and birdwatching. With its combination of coastal charm and vibrant community life, Ocean City is not just a place to live; it’s a lifestyle waiting for you to explore.

Discover your perfect home in Ocean City today, where the shore meets your dreams!

Newest Ocean City/Central Homes under $500,000

1008 Wesley Ave Unit #209, Ocean City
$400,000
1 Beds ⋅ 1 Baths ⋅ 612542 MLS ⋅ Santa Barbara BLDG.
Your OCNJ Retreat Awaits! Rent • Renovate • Move Right In to this poolside second floor unit with ease of access and line of sight. Everything you need at your fingertips with this meticulously maintained unit. Never rented but SO MUCH potential!

1008 Wesley Ave Unit #209, 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
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
840 Ocean Ave Unit #22, Ocean City
$149,000
1 Baths ⋅ 611859 MLS ⋅ Sifting Sands BLDG.
Prime Ocean City location just one block from the beach and boardwalk! This first floor end unit at Sifting Sands offers easy access to shopping, dining, entertainment, and more. The unit features a kitchenette, full bathroom, dining area, and space to comfortably accommodate multiple guests. On-site management handles rentals, making the process simple and hands-off for owners while taking care of the day to day details. Owners can enjoy the unit during the off-season, with limited personal use(21 days) during the summer season. Sifting Sands is now pet friendly and offers a heated pool, laundry room, parking. With on-site rental management, great amenities, and a prime location, this property offers an excellent opportunity for rental income in Ocean City.

840 Ocean Ave Unit #22, Ocean City
801 10th Street Unit #255, Ocean City
$219,900
1 Beds ⋅ 1 Baths ⋅ 611356 MLS ⋅ Wild Dunes BLDG.
Turn Key Beach Block Investment! This beautifully furnished, recently renovated 1 bedroom unit offers the perfect blend of Location, Convenience, and Income potential. Just steps from the Beach and Boardwalk with OCEAN VIEWS! This condo features a Large Bedroom Suite, Newer kitchenette, Elevator, Laundry area, Off Street Parking & a convenient Outside Shower! BEST PART- HANDS OFF OWNERSHIP!!! Management takes care of booking rentals and maintenance of both Interior and Exterior of the property. This is an Excellent income producing property. Just collect the check!

801 10th Street Unit #255, Ocean City
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