INNOVATE Real Estate
Ocean City/Bay Area at 56 Sunset Place, Ocean City
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55 photos

$879,900

Under contract
56 Sunset Place
Ocean City, NJ 08226
Bedrooms
3
Bathrooms
1
Living area
N/A
Year built
1910

About this home

FANTASTIC OPPORTUNITY! 5 houses from the Bay. So much potential as a teardown or a reno! Larger lot, 65x47. Garage and Driveway. Outside shower. Fenced yard. Cute front porch. As a teardown, endless possibilities for new construction with bay views! House needs updating, but the bay block location is where the value is! PRICED TO SELL! It won't last long!

Property details

MLS
SJSR
MLS #
612902
Property type
Ocean City/Bay Area
Subdivision
N/A
Status
Under contract
Days on market
9
On market date
October 12, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Ocean City Primary School
1.09 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
293
Student:teacher ratio
7.9:1
District
Ocean City School District
Middle
Ocean City Intermediate School
0.39 mi away · Grades 4-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
430
Student:teacher ratio
8.4:1
District
Ocean City School District
High
Ocean City High School
1.23 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,231
Student:teacher ratio
9.8:1
District
Ocean City School District

Walkability

Blended score for Ocean City's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks9
Schools8
Transit stops12
Pharmacies3

Market position

How this listing compares to current activity in Ocean City, from live MLS data.

On the market 9 days -- 103 fewer days than Ocean City's current average of 112 days.
For reference, the median list price across 120 active listings in Ocean City right now is $2,797,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,449/mo
$175,980 down
$703,920 loan
Principal & interest$4,566
Property tax (est.)$733
Home insurance (est.)$150

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Data source: Listing information provided by SJSR via Trestle/CoreLogic. Last updated 7 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.