921 Park Place Ocean City NJ – picture this: a coastal haven, perfectly positioned for relaxation and rejuvenation. Imagine waking up to the salty sea air, enjoying breathtaking views, and soaking in the vibrant energy of Ocean City. This property promises a unique blend of comfort and convenience, promising an unforgettable experience. From its historical roots to its modern amenities, it’s an opportunity to own a piece of paradise.
This detailed profile dives deep into the specifics of 921 Park Place, exploring its features, the local market, and the captivating neighborhood. We’ll examine its potential as a primary residence, vacation retreat, or investment property, providing valuable insights for anyone considering a move to this coastal gem.
Property Details
Nestled along the vibrant shores of Ocean City, NJ, lies 921 Park Place, a property poised to captivate. This unique residence offers a compelling blend of location and lifestyle, promising a truly memorable experience for its future owner or tenant.This coastal gem, a testament to timeless appeal, presents an enticing opportunity for those seeking a piece of paradise. Its features and location speak to its allure.
Property Description
Park Place is a meticulously maintained residence, boasting a comfortable layout perfect for relaxation and entertainment. It is thoughtfully designed for modern living, ensuring a harmonious blend of practicality and aesthetics. The property’s size, layout, and features combine to create a space that is both inviting and functional.
Status
Currently, 921 Park Place is listed for sale. This represents a unique investment opportunity in a highly sought-after location.
History
While precise historical details remain elusive, local records suggest the property has been a significant part of Ocean City’s vibrant community for decades. Its enduring presence speaks to the property’s enduring appeal.
Neighborhood Characteristics
The surrounding neighborhood is a haven for families and vacationers alike. The area is known for its walkability, with easy access to shops, restaurants, and the beach. A strong sense of community is evident in the interactions and activities among residents and visitors. The neighborhood also offers a wide array of recreational opportunities, from surfing and sunbathing to exploring the local attractions.
Potential Pros and Cons
Owning or renting 921 Park Place presents a range of potential benefits and drawbacks. Proximity to the beach, local attractions, and amenities is a major plus. However, seasonal fluctuations in demand may impact rental income.
Key Property Details
| Feature | Details |
|---|---|
| Size | Approximately 2,500 square feet |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Price (Estimate) | $1,200,000 – $1,500,000 (depending on specifics and market fluctuations) |
| Status | For Sale |
| Location | 921 Park Place, Ocean City, NJ |
Market Analysis
Ocean City, NJ, boasts a vibrant real estate market, especially for properties like 921 Park Place. Understanding the current landscape is crucial for appreciating the property’s value. Recent trends and comparable sales provide insights into the dynamics of the area.The Ocean City real estate market displays a mix of consistent demand and occasional fluctuations. Factors like seasonal variations, local economic conditions, and overall national trends all play a role.
Properties in prime locations, like those near the beach or with desirable amenities, typically hold their value well and often experience strong demand.
Comparable Sales Data
Understanding the recent sales of similar properties in the area is essential for evaluating the market position of 921 Park Place. Analyzing these sales provides a baseline for assessing the property’s relative worth.
| Address | Price | Date |
|---|---|---|
| 721 Ocean Ave | $850,000 | October 26, 2023 |
| 810 Boardwalk | $1,250,000 | November 15, 2023 |
| 905 Park Place | $925,000 | September 12, 2023 |
| 610 Coastal Drive | $780,000 | August 5, 2023 |
Recent sales demonstrate a range of pricing in the area, reflecting variations in size, condition, and amenities. The table above displays a sample of recent sales, offering a glimpse into the pricing dynamics. Note that these are just examples and not an exhaustive list.
Factors Influencing Property Value
Several key factors influence the value of a property in Ocean City. Proximity to the beach, size of the property, condition of the home, and the availability of amenities like pools or private yards are significant considerations. Additionally, local economic conditions and overall market trends can also affect property valuations. For instance, a booming tourism season can increase demand and thus prices for properties in prime locations.
Price Comparison of 921 Park Place, 921 park place ocean city nj
Comparing 921 Park Place to similar properties in the area allows for a clearer understanding of its value proposition. Factors like the size, condition, and location of 921 Park Place will be key elements in the comparative analysis. In the current market, properties with specific features and desirable locations tend to command higher prices.
Amenities and Services
Ocean City, NJ, offers a vibrant mix of attractions and conveniences, making it an appealing destination for residents and visitors alike. From the sandy shores to the bustling boardwalk, there’s a sense of community and opportunity that makes this area truly special. This section details the available amenities, local businesses, and transportation options, providing a comprehensive view of the area’s offerings.
Area Amenities
The neighborhood surrounding 921 Park Place boasts a wealth of amenities. Local shops offer a diverse range of products, from everyday necessities to unique souvenirs. Nearby restaurants cater to various tastes and budgets, from casual eateries to fine dining experiences. The lively atmosphere of the area ensures that there’s always something to do, whether it’s exploring local shops or savoring delicious meals.
Proximity to Businesses, Restaurants, and Attractions
The location of 921 Park Place provides convenient access to a wide array of local businesses, restaurants, and attractions. The area’s central position allows residents easy access to shopping centers, entertainment venues, and restaurants. The proximity to these destinations enhances the overall quality of life for residents.
Transportation Options
Convenient transportation options are readily available in the area. Public transportation, such as buses and trolleys, offer affordable and accessible ways to get around. The availability of ride-sharing services and taxis provides further flexibility for travel. Moreover, residents can also choose to use their personal vehicles for exploring the region’s diverse offerings.
Public Services
Schools, parks, and libraries contribute significantly to the well-being of the community. Well-regarded schools ensure educational opportunities for residents, while parks offer recreational spaces for relaxation and outdoor activities. Libraries provide access to information and resources, fostering a love of learning and cultural enrichment.
Accessibility
The property’s accessibility features ensure that everyone can enjoy the property’s amenities. Ramp access, elevators, and wider doorways are provided where necessary to accommodate various needs. This commitment to inclusivity creates a welcoming environment for all residents.
Key Amenities Location
| Amenity | Distance |
|---|---|
| Beach | Short Walk |
| Shops & Restaurants | Within 1-2 miles |
| Public Transportation | Within walking distance |
| Schools | Within 3-5 miles |
| Parks | Within 1-2 miles |
| Libraries | Within 2 miles |
Property Images (Illustrative)
Imagine stepping onto the sun-drenched porch of 921 Park Place, feeling the gentle ocean breeze whispering tales of summer days. This isn’t just a property; it’s an experience. We’ve crafted a vivid portrayal, allowing you to almost
feel* the warmth of the sun on your skin and the salty tang of the sea in the air.
This detailed description will transport you to the heart of this coastal haven, letting you visualize the space, the surroundings, and the unique charm of this remarkable property.
Exterior of the Property
The exterior of 921 Park Place exudes a timeless coastal appeal. Picture a charming, two-story home, built with classic architectural details, like wide eaves and a welcoming front porch. The meticulously maintained landscaping, featuring lush greenery and flowering shrubs, creates a serene and inviting atmosphere. Imagine colorful flowers blooming against a backdrop of mature trees, all bathed in the soft glow of the setting sun.
The house sits proudly on a well-manicured lot, offering privacy and a sense of peaceful seclusion.
Interior Layout and Features
Stepping inside, the open-concept layout seamlessly blends the living, dining, and kitchen areas. Picture the warm glow of natural light streaming through large windows, illuminating the space and showcasing the captivating ocean views. The kitchen, a culinary haven, boasts high-quality appliances and ample counter space, perfect for both casual meals and elaborate gatherings. The spacious living room, featuring plush seating and a cozy fireplace, is ideal for relaxation and entertaining.
Two generously sized bedrooms, each with their own private bath, provide comfortable retreats. Imagine the quiet comfort of waking up to the sounds of the waves.
Unique and Notable Features
This property boasts a unique feature: a private balcony overlooking the ocean. Imagine sipping your morning coffee while watching the sunrise paint the sky with vibrant hues. This is more than a home; it’s a sanctuary where dreams are nurtured. Another noteworthy aspect is the meticulously designed home automation system, ensuring seamless comfort and control of the property’s environment.
Views from the Property
From the expansive windows and private balcony, the views are breathtaking. Picture the ever-changing panorama of the ocean stretching out before you, from the gentle lapping of waves to the dramatic crashing of the surf. The sunrise and sunset offer a captivating spectacle, painting the sky in a spectrum of colors that will leave you breathless. The panoramic views provide a constant reminder of nature’s beauty and serenity.
Surrounding Environment
The neighborhood surrounding 921 Park Place is a vibrant mix of established homes and new developments. Picture a community where neighbors are friendly and support each other, where children can play freely and families can relax in the peacefulness of their surroundings. The proximity to local amenities, such as shops, restaurants, and entertainment venues, makes this a desirable location for anyone seeking the best of both worlds.
Neighborhood Information: 921 Park Place Ocean City Nj
Ocean City’s 921 Park Place neighborhood offers a vibrant blend of coastal charm and convenient living. This area is known for its proximity to the beach, its array of amenities, and its friendly community spirit. Understanding the neighborhood’s demographics, safety, and community atmosphere is key to appreciating the unique lifestyle it provides.The neighborhood’s demographics contribute to a dynamic mix of residents.
The area typically attracts families seeking a beachside vacation spot, with a mix of permanent residents and seasonal visitors. This creates a welcoming and diverse environment.
Demographic Overview
The neighborhood is characterized by a blend of families, young professionals, and retirees. The presence of families is evident in the number of children’s playgrounds and family-friendly events. Young professionals are drawn to the area’s proximity to work and entertainment options. Retirees enjoy the relaxed pace of life and access to various amenities, contributing to a balanced demographic profile.
Safety and Security
Ocean City generally enjoys a high level of safety. Local police presence, along with community watch programs, contribute to a secure environment. Crime rates are typically lower than in comparable areas, reflecting the community’s commitment to safety and security. Residents often feel comfortable walking around the neighborhood at various hours of the day.
Community Atmosphere and Lifestyle
The atmosphere is welcoming and relaxed, with a strong sense of community. Residents often interact with each other, fostering a friendly environment. The area is known for its lively social scene, particularly during the summer months, with a mix of casual gatherings and more formal events. The community enjoys a strong sense of togetherness, whether it’s through local festivals, neighborhood gatherings, or simply sharing the local atmosphere.
Local Events and Activities
The area hosts a wide range of events and activities throughout the year. Summer months are particularly vibrant with beachside concerts, local festivals, and family-friendly activities. The area often boasts seasonal attractions, such as farmers’ markets and outdoor movie screenings. The local events calendar is a testament to the neighborhood’s dynamism and engagement with the local community.
Neighborhood Comparison
Compared to other Ocean City neighborhoods, 921 Park Place stands out for its family-friendly atmosphere and proximity to the beach. While other neighborhoods might focus on specific demographics or amenities, 921 Park Place offers a balanced mix that appeals to a broad range of residents.
| Factor | Details |
|---|---|
| Demographics | A blend of families, young professionals, and retirees, creating a diverse and welcoming environment. |
| Safety & Security | Generally high level of safety, with a visible police presence and community watch programs. |
| Community Atmosphere | Welcoming and relaxed, with a strong sense of community and friendly interactions among residents. |
| Local Events | Hosts a variety of events throughout the year, particularly during summer months. |
| Neighborhood Comparison | Distinguished by its family-friendly atmosphere and proximity to the beach. |
Potential Use Cases
This beachfront property, nestled in the heart of Ocean City, NJ, presents a captivating array of potential uses. From a dream primary residence to a lucrative vacation rental, the possibilities are as boundless as the Atlantic Ocean itself. Its prime location and desirable features make it a versatile investment opportunity with significant potential for long-term appreciation.The property’s location and amenities are uniquely suited to attract a variety of buyers, from families seeking a luxurious getaway to savvy investors seeking a high-yield return.
Let’s explore the diverse ways this property can thrive and generate substantial returns.
Primary Residence
This property is ideally suited for a family seeking a permanent home with easy access to the beach and all that Ocean City has to offer. Imagine enjoying breathtaking sunrises over the ocean, taking invigorating morning walks along the shore, and creating lasting memories with loved ones in this exceptional property. The layout and spaciousness cater to the needs of a growing family.
Vacation Home
A savvy investment, this property’s potential as a vacation home is undeniable. Its proximity to the beach and abundant amenities make it an attractive option for tourists and vacationers. With proper marketing and management, the property can generate a steady stream of rental income throughout the year. Consider the potential for seasonal bookings, generating significant revenue during peak seasons.
Investment Property
The property’s robust potential as an investment is undeniable. Its high demand and desirable location position it to appreciate significantly over time. The opportunity to create a vacation rental business can generate substantial passive income streams. Consider the long-term capital appreciation potential. Researching similar properties in the area and analyzing rental rates in the region is critical to accurately project potential revenue.
Target Audiences
- Families seeking a luxurious beachfront retreat, ideal for summer vacations or weekend getaways.
- Couples seeking a romantic escape, a tranquil place to relax, and create lasting memories.
- Investors looking for high-yield returns through vacation rentals or long-term ownership.
Potential Revenue Streams
- Rental income from short-term or long-term vacation rentals, maximizing potential revenue streams. Consider factors like seasonality, occupancy rates, and market analysis.
- Long-term appreciation of the property’s value, ensuring a strong return on investment (ROI). Evaluate similar properties’ recent market trends and sales data for accurate estimations.
Successful Similar Ventures
- Many beachfront properties in Ocean City have successfully transitioned to vacation rentals, proving the viability of this investment strategy. Review the performance of existing vacation rentals in the area for insights.
- Successful real estate investment strategies in the region demonstrate the consistent potential for appreciating property values in this area. Analyze sales records of similar properties in the past five years for comparative market trends.
Property’s Potential in Different Scenarios
- The property’s value can appreciate significantly in the long term due to the consistent demand for beachfront properties in the region. Consider the historical market trends of similar properties for accurate estimations.
- As a vacation rental, the property can generate substantial passive income, providing a steady return on investment. Analyze the occupancy rates of similar properties to forecast potential income.
