3228 Bay Ave
Ocean City, NJ 08226
2 bd 2 ba 1,125 sqft Built 1968 Lot 4,600 sqft single_family
Most recent sale
$725,000
May 2, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2023 | Sold | $725,000 | Public Record |
| Apr 28, 2023 | Sold | $725,000 | AtlanticCity |
| Jan 13, 2023 | Price changed | $749,900 | AtlanticCity |
| Sep 29, 2022 | Listed | $849,900 | AtlanticCity |
| Jul 5, 1995 | Sold | $115,001 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $78,900 | $254,900 | $333,800 | $3,872 |
| 2023 | $78,900 | $254,900 | $333,800 | $3,575 |
| 2022 | $78,900 | $254,900 | $333,800 | $3,434 |
| 2021 | $78,900 | $254,900 | $333,800 | $3,354 |
| 2020 | $78,900 | $254,900 | $333,800 | $3,264 |
| 2019 | $78,900 | $254,900 | $333,800 | $3,227 |
| 2018 | $78,900 | $254,900 | $333,800 | $3,197 |
| 2017 | $78,900 | $254,900 | $333,800 | $3,147 |
| 2016 | $78,900 | $254,900 | $333,800 | $3,027 |
| 2015 | $78,900 | $254,900 | $333,800 | $2,987 |
| 2014 | $78,900 | $254,900 | $333,800 | $2,944 |
| 2013 | $78,900 | $254,900 | $333,800 | $2,810 |
| 2012 | $78,900 | $324,000 | $402,900 | $3,154 |
| 2011 | $78,900 | $324,000 | $402,900 | $3,029 |
| 2009 | $78,900 | $324,000 | $402,900 | $2,844 |
| 2008 | $78,900 | $324,000 | $402,900 | $2,723 |
| 2007 | $72,600 | $192,000 | $264,600 | $2,646 |
Property facts
Year built
1968
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
1,125 sqft
Lot size
4,600 sqft
ZIP code
08226
City
Ocean City
Street
Bay Ave
Coordinates
39.25477, -74.61326
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3228 Bay Ave last sell?
3228 Bay Ave most recently sold on May 2, 2023 for $725,000.
What is the current tax assessment for 3228 Bay Ave?
The most recent total assessment for 3228 Bay Ave (year 2025) is $333,800 with $3,872 in property tax.
How does 3228 Bay Ave's assessment compare to its last sale price?
The current assessment is 54.0% below the last sale price of $725,000.
When was 3228 Bay Ave built?
3228 Bay Ave was built in 1968.
How does 3228 Bay Ave compare to others on Bay Ave?
We track 8 other properties on Bay Ave. Browse the list under "Other properties on Bay Ave" to compare beds, baths, and sale history.
What are the property facts for 3228 Bay Ave?
3228 Bay Ave is a 2 bed, 2 bath, 1,125 sqft, 4,600 sqft lot single_family.
Is 3228 Bay Ave a flip candidate?
No — 3228 Bay Ave does not appear in our flips dataset.
Is 3228 Bay Ave a tax-appeal candidate?
No — 3228 Bay Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$1.4M
2026 Q4
$1.38M
ZIP 08226 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bay Ave