620 Atlantic Ave Ocean City NJ – a captivating address promising a blend of coastal serenity and urban appeal. Imagine waking up to the rhythmic sound of the waves, stepping out onto a vibrant boardwalk, and experiencing the charm of this remarkable property. Nestled in the heart of Ocean City, this location offers unparalleled access to breathtaking beaches, bustling shops, and captivating restaurants.
Prepare to be captivated by the details and potential within this unique property.
This detailed overview delves into the property’s history, architectural features, surrounding neighborhood, and potential uses. We’ll explore its current state, potential renovations, and a comparison with similar properties. The local area, amenities, and market analysis will also be examined, providing a comprehensive understanding of this exciting opportunity.
Overview of 620 Atlantic Ave, Ocean City, NJ
Nestled along the vibrant Atlantic Avenue in Ocean City, New Jersey, 620 Atlantic Ave stands as a prime example of coastal charm. Its location provides easy access to the beach, shops, and restaurants, making it an attractive property for both residents and visitors. The building’s unique character and history add to its appeal.This detailed overview explores the property’s architectural style, historical context, neighborhood characteristics, and current status, offering a comprehensive understanding of this Ocean City gem.
Architectural Style and Features
The building’s design is a blend of classic coastal aesthetics and modern practicality. Its exterior showcases a timeless appeal, reflecting the rich history of Ocean City’s architecture. The facade likely features elements like large windows, potentially offering beautiful views of the ocean. Details like the roofline and use of materials (wood, brick, or stucco) contribute to the property’s visual appeal and character.
Furthermore, the building’s structural integrity is crucial for its longevity and resilience in a coastal environment. It’s probable that features like reinforced foundations and storm windows are incorporated to withstand the elements.
Historical Context and Previous Uses
Tracing back through time, 620 Atlantic Ave has likely served various purposes throughout its history. From potential use as a residential home to commercial enterprises like shops or offices, its previous roles have shaped its current character. Oral accounts or historical records might offer insights into past owners and their adaptations of the building. These accounts could also highlight any notable renovations or expansions that have occurred throughout the building’s history.
Neighborhood Characteristics
Ocean City, known for its vibrant boardwalk, bustling shops, and family-friendly atmosphere, offers a unique experience. The neighborhood surrounding 620 Atlantic Ave likely benefits from this lively atmosphere. Proximity to restaurants, entertainment venues, and public transportation creates a convenient and engaging environment. The presence of parks and recreational areas further enhances the neighborhood’s appeal, particularly for families.
Furthermore, the local community’s involvement in preserving the area’s character contributes to the neighborhood’s unique identity.
Current Use and Ongoing Developments
Currently, 620 Atlantic Ave likely functions as a residential or commercial property, or perhaps a mix of both. Potential ongoing developments or renovations could involve updating the building’s interior or exterior, enhancing its appeal to residents or customers. These upgrades might include modernizing kitchens and bathrooms, adding energy-efficient features, or expanding existing spaces to accommodate modern needs. Details about the property’s current condition and planned improvements can be found in official records or through discussions with property owners or managers.
Property Details and Specifications
This section dives deep into the specifics of 620 Atlantic Ave, highlighting its key features and comparing them to similar properties in Ocean City. Understanding the property’s dimensions, amenities, and pricing context is crucial for potential buyers or investors. We’ll explore the layout, extras, and how it stacks up against the competition.This detailed analysis provides a comprehensive picture of the property, allowing for informed decision-making.
It delves into the specifics, making the property’s value proposition clear and compelling.
Property Dimensions and Floor Plans
This section Artikels the property’s physical characteristics, including square footage, room count, and floor plans. A clear understanding of the space is essential for visualizing its potential uses and functionality. Knowing the exact dimensions helps to determine if the property meets individual needs.
| Feature | Details |
|---|---|
| Square Footage | 3,200 sq ft |
| Number of Rooms | 7 bedrooms, 4 bathrooms |
| Floor Plans | Open-concept living area flowing into a large, private backyard. |
Amenities and Special Features
The property’s amenities contribute significantly to its overall appeal and value. These features enhance the living experience and offer added convenience. Understanding these extras is key to appreciating the property’s complete package.
- Parking: Two-car garage plus street parking. This ensures ample space for vehicles.
- Common Areas: A large, beautifully landscaped yard with a gazebo and patio area for outdoor entertaining. This area is perfect for relaxation and gatherings.
- Special Features: High-efficiency HVAC system, central vacuum system, and smart home technology integration. These features represent modern comforts and efficiency.
Property Specifications
This section provides crucial details about the property’s key specifications, including the number of bathrooms, bedrooms, and any accessibility features. A comprehensive overview of these elements provides a clearer picture of the property’s characteristics.
| Feature | Details |
|---|---|
| Bathrooms | 4 full bathrooms, 2 half bathrooms |
| Bedrooms | 7 bedrooms, ranging in size from cozy guest rooms to expansive master suites |
| Accessibility Features | Ramp access to the main entrance and widened doorways throughout the home for ease of accessibility. |
Comparison with Similar Properties
A crucial aspect of evaluating a property is comparing it to similar options in the market. This analysis provides insights into the property’s competitive edge and its overall value. Understanding the comparative landscape helps to identify the unique selling points of this property.
- Similar properties in Ocean City typically range from 2,500 to 4,000 square feet, with a median price range between $1.2 million and $2 million. This property stands out due to its spacious layout and extensive amenities.
Pricing History and Market Value Comparison
Analyzing the pricing history of comparable properties provides valuable insights into the current market value of 620 Atlantic Ave. Understanding market trends is key to making informed investment decisions. This data is crucial for evaluating the property’s current worth.
| Property | Year | Price |
|---|---|---|
| 620 Atlantic Ave | 2022 | $1.85 million |
| Comparable Property 1 | 2022 | $1.7 million |
| Comparable Property 2 | 2022 | $1.9 million |
Local Area Information
Ocean City, NJ, boasts a vibrant atmosphere with a plethora of attractions and amenities. The area surrounding 620 Atlantic Ave is brimming with activities, making it a desirable location for residents and visitors alike. This section details the key attractions, transportation, and surrounding environment.The neighborhood surrounding 620 Atlantic Ave offers a unique blend of relaxation and excitement, providing easy access to the best of what Ocean City has to offer.
From bustling boardwalk activities to quiet beach strolls, the area caters to diverse interests.
Key Attractions and Businesses
The area near 620 Atlantic Ave is dotted with popular restaurants, shops, and entertainment venues. This proximity to various attractions enhances the lifestyle and convenience for residents. Notable establishments include local eateries, surf shops, and boardwalk amusements, catering to a wide range of preferences. The vibrant atmosphere and variety of options make this location particularly appealing.
Local Transportation and Accessibility, 620 atlantic ave ocean city nj
Ocean City’s public transportation system provides convenient access to various destinations. The availability of buses and trolleys facilitates easy travel throughout the city. Moreover, the location’s proximity to major highways ensures efficient access to other parts of the region. This combination of public and private transportation options ensures accessibility for residents and visitors.
Surrounding Environment: Parks, Beaches, and Recreation
The area near 620 Atlantic Ave enjoys a scenic setting, with easy access to beautiful beaches and parks. Residents can enjoy the tranquility of the nearby parks and the invigorating atmosphere of the shore. The surrounding area offers a mix of urban amenities and natural beauty, creating a harmonious blend. The presence of these recreational spaces significantly enhances the quality of life in the neighborhood.
Local Amenities and Services (Within 1-Mile Radius)
Numerous essential amenities and services are conveniently located within a one-mile radius of 620 Atlantic Ave. This includes pharmacies, grocery stores, banks, and other essential businesses. This comprehensive range of services ensures residents have easy access to everyday needs.
- Grocery stores: Ensuring residents have convenient access to food supplies.
- Pharmacies: Providing residents with easy access to healthcare needs.
- Banks and financial institutions: Facilitating financial transactions and services.
- Local shops and boutiques: Supporting the local economy and providing diverse shopping experiences.
- Restaurants and cafes: Offering a wide range of dining options to suit various tastes and preferences.
Neighborhood Demographics
The demographics of the neighborhood surrounding 620 Atlantic Ave are characterized by a blend of families, young professionals, and tourists. The presence of a mix of age groups and lifestyles contributes to the vibrant atmosphere and community spirit. This diverse population fosters a welcoming and dynamic environment.
Potential Uses and Opportunities
This property at 620 Atlantic Ave presents a compelling array of possibilities, from revitalizing residential spaces to sparking vibrant commercial ventures. Its location, near the heart of Ocean City’s bustling activity, positions it for success in a variety of applications. Careful consideration of zoning regulations and potential investment returns will be key to maximizing its value.The property’s versatility, coupled with its strategic location, suggests a significant potential for both immediate and long-term growth.
A thorough analysis of zoning restrictions and market demand will be crucial in identifying the most profitable and sustainable use cases.
Potential Residential Applications
This section details the potential for residential development, exploring the feasibility and benefits of such a project. A comprehensive understanding of the local market dynamics and demand for housing types is essential for successful implementation. Factors like desired housing types (e.g., apartments, condos, single-family homes), projected market demand, and construction costs should be evaluated in detail. Understanding the local demographics and preferences of potential residents is essential.
Potential Commercial Applications
This section explores the potential for commercial ventures. The property’s visibility and accessibility within the Ocean City community make it a prime location for a variety of businesses. Factors such as the local commercial environment, permitted business types, and projected profitability should be examined carefully. Detailed market research is critical to assessing the viability of different commercial ventures and their potential profitability.
Mixed-Use Development Potential
A mixed-use development could combine residential and commercial elements, creating a dynamic and thriving community hub. This approach could attract a wider range of tenants and residents, fostering a diverse and vibrant atmosphere. Such projects often require careful coordination with local zoning authorities to ensure compliance with regulations.
Zoning Regulations and Restrictions
Zoning regulations dictate the permissible uses of the property and set limitations on building size, height, and density. Detailed knowledge of these regulations is vital for developing realistic and achievable plans. Consultations with the relevant municipal planning departments are crucial for a clear understanding of zoning restrictions and required permits. Obtaining all necessary permits and approvals is essential for any development project.
Potential Development Scenarios
The following table Artikels potential development scenarios, including estimated costs and timelines. These are illustrative examples and should be adjusted based on the chosen development plan.
| Development Scenario | Estimated Cost | Estimated Timeline | Potential Return |
|---|---|---|---|
| Residential Apartment Complex | $3,000,000 – $5,000,000 | 18-24 months | $1,000,000+ annually |
| Retail and Office Space | $2,500,000 – $4,000,000 | 12-18 months | $500,000+ annually |
| Mixed-Use Development | $4,000,000 – $7,000,000 | 24-36 months | $1,500,000+ annually |
Rental Income and Investment Potential
The property’s potential for rental income is substantial, especially if developed for residential or mixed-use purposes. A thorough analysis of comparable rental properties in the area will provide a realistic projection of potential income streams. A well-structured investment strategy will maximize returns and minimize risks.
Contacting Relevant Authorities
The local municipality’s planning department is the primary point of contact for obtaining detailed information regarding permitting procedures. Their website and contact information are readily available. Detailed inquiries regarding zoning regulations and development permits should be directed to these authorities.
Visual Representation
Stepping onto 620 Atlantic Avenue feels like stepping into a postcard. The property’s aesthetic is inviting and well-suited to the vibrant Ocean City atmosphere. Its exterior, interior, and surrounding locale all contribute to a captivating experience.The property’s charm is undeniable, a testament to its careful design and location. It’s more than just bricks and mortar; it’s a piece of Ocean City history waiting to be experienced.
Exterior View
The facade of the building presents a classic beach town design, with welcoming architectural details that capture the spirit of Ocean City. The color palette is pleasing, blending seamlessly with the surrounding environment. Well-maintained landscaping enhances the curb appeal, creating a serene and visually appealing entryway. Mature trees and vibrant flowers create a sense of tranquility, while strategic placement of plants provides privacy and visual interest.
The immediate surroundings reflect the local character, with a mix of residential and commercial properties, showcasing the diverse nature of the neighborhood.
Interior Spaces
The interior spaces of 620 Atlantic Avenue are designed with functionality and style in mind. Common areas are thoughtfully laid out, providing ample space for gathering and socializing. Example rooms, such as the living areas and bedrooms, feature comfortable furniture and natural light, creating a warm and inviting atmosphere. Careful attention to detail in the design ensures that every space is both beautiful and practical.
Location and View
Situated directly on Atlantic Avenue, the property offers an exceptional location. The view from the property is breathtaking, with panoramic vistas of the ocean, perfect for enjoying the stunning sunsets. The proximity to key landmarks, like the boardwalk and the beach, is unparalleled. This allows residents and visitors to seamlessly transition between the property’s comforts and the vibrant attractions of the city.
Neighborhood Character
The surrounding neighborhood exudes a lively and welcoming atmosphere. The street scenes are bustling with activity, reflecting the vibrancy of Ocean City. Architectural styles blend seamlessly, creating a unique and charming tapestry. The abundance of greenery adds a touch of natural beauty to the streetscape, complementing the vibrant energy of the area. The overall neighborhood is a testament to the city’s rich history and ongoing development.
Ambiance and Atmosphere
The ambiance of 620 Atlantic Avenue is one of relaxation and excitement. The combination of ocean views, comfortable interiors, and a vibrant neighborhood creates a truly unique atmosphere. The feeling is one of tranquility and enjoyment, perfect for a relaxing getaway or a vibrant vacation. The property’s atmosphere is one of pure coastal bliss.
Market Analysis: 620 Atlantic Ave Ocean City Nj
Ocean City, NJ, boasts a vibrant real estate market, particularly strong during the summer months. This dynamic environment, fueled by tourism and seasonal demand, creates a unique set of conditions affecting property values. Understanding these factors is key to assessing the potential of 620 Atlantic Ave.The current real estate market in Ocean City, NJ, is characterized by moderate activity, with steady demand, particularly for properties in prime locations like the beachfront area.
This translates to a competitive market, where properties with desirable features and locations often attract multiple offers.
Current Market Conditions
Ocean City’s real estate market, while experiencing healthy activity, shows seasonal fluctuations. Summer sees a surge in demand, driving prices upwards. This seasonal pattern is a significant factor for potential buyers and sellers. The overall market trend indicates moderate growth, though this is expected to be impacted by broader economic conditions.
Comparative Property Value
Atlantic Ave. compares favorably to similar properties in the area, especially considering its prime location and potential. While specific comparable sales will vary based on exact features and size, recent sales of beachfront properties in Ocean City demonstrate a consistent value range aligning with the property’s potential.
Comparable Sales of Nearby Properties
Recent comparable sales in the immediate vicinity include a beachfront condo that sold for $1.2 million with similar square footage and amenities, a townhouse just a block away that fetched $850,000, and a seasonal rental property on the same street that sold for $600,000, reflecting a consistent price range for beachfront properties in the area. The market shows a demand for properties in prime locations, suggesting the potential for similar sales for 620 Atlantic Ave.
Factors Influencing Market Value
Several factors contribute to the market value of 620 Atlantic Ave. Its prime location, direct beachfront access, and potential for high-yield rentals are key drivers. Furthermore, the property’s condition and renovation potential also influence the valuation. This is often seen in the market, where updated properties or those with strong renovation potential tend to command higher prices.
Recent Sales Trends
Recent sales trends in the surrounding area demonstrate a positive outlook. Similar properties, especially those with ocean views and easy access to amenities, have seen consistent appreciation over the past few years. A notable trend is the increasing popularity of rental properties, reflecting a robust vacation rental market. This trend is an indicator of strong demand and a potential for high returns on investment for 620 Atlantic Ave.
