OCNJ Local Home of the Week: A Move-In-Ready Retreat at Ocean Reef

This week’s OCNJ Local Home of the Week highlights Ocean Reef, a cherished bayside community in Ocean City, featuring a fully furnished, newly updated 2-bedroom, 2-bath townhome that’s move-in ready for its new owner to enjoy the shore.

Located within Ocean Reef, this two-story townhome has undergone extensive renovations from top to bottom. It features new Anderson doors and windows, brand-new LVT flooring throughout, updated kitchen and bathroom cabinetry with new countertops, along with custom window treatments. These updates give the home a fresh, modern appearance while preserving the traditional shore-townhome layout.

The main level features a cozy living room with a fireplace that opens into the modernized kitchen. A new full bathroom has been added downstairs, while the upstairs laundry area includes built-in storage, a new washer and dryer, and a tankless gas water heater — a practical upgrade, especially for those tired of running out of hot water after a beach day.

Outside, the upgrades keep coming: a new roof, updated decks (there are two, each providing private outdoor space), and a freshly painted exterior. The home features gas heating, central air conditioning, two designated parking spots, and additional storage—practical amenities that are just as important as the finishes.

The home is sold fully furnished, making it genuinely turnkey for a buyer looking for a summer home, a rental investment, or a year-round residence.  Experience this home in person, contact Pete Madden, Broker/Owner at Goldcoast Sotheby’s International Realty.

  • Direct / Mobile:(609) 513-4781
  • Office:(609) 399-2500
  • Email: pete@petemadden.com
  • Office Location:Goldcoast Sotheby’s International Realty — 200 34th Street, Ocean City, NJ 08226

 

Quick Facts

Price $799,900
Bedrooms / Bathrooms 2 / 2 full
HOA Fees $636/month (includes amenities, insurance, maintenance, trash, water)
Parking Two assigned spaces
Heat / Cooling Gas heat, central air, ceiling fans
Pets Allowed with restrictions
Included Fully furnished

Why Ocean Reef?

Outside Unit 59, buyers are embracing the Ocean Reef lifestyle. The community features two heated pools, a clubhouse, recently renovated tennis and pickleball courts, and convenient access to the marina and bay — all nestled in a tranquil, tree-lined bayfront area that provides a peaceful escape from the busy boardwalk crowds, with the beach just a short drive away.

FAQ: Ocean Reef & the 18th-34th Streets Area

Ocean Reef is a approximately 22-acre bayside community in Ocean City, consisting of condominiums and townhomes built in the mid-1980s. It features nearly 200 units with one, two, or three bedrooms, distributed across low-rise buildings and courts such as Spinnaker Court, Wahoo Drive, and Marlin Court. This layout creates a village-like atmosphere rather than a single large structure.

Where is it specifically located? The community is on the bay side of Ocean City, off Tennessee Avenue. It’s near the Ocean City Golf Course and conveniently accessible to both the bay and the beach, but not directly on the boardwalk strip.

What amenities are available at Ocean Reef? Residents usually enjoy two heated outdoor pools, a clubhouse for community events and gatherings, as well as tennis and pickleball courts. Many listings also highlight nearby marina access, allowing owners to lease or buy a boat slip for direct water access from the community.

Is Ocean Reef within walking distance to the beach? While not directly beachfront, it’s typically less than a mile away from the beach and boardwalk, making it a quick bike ride or short walk/drive for most residents.

What is the parking and storage situation? Most Ocean Reef units, including this one, offer two dedicated parking spaces and additional storage; a valuable benefit on an island where parking is often limited.

Are pets permitted? Pet policies at Ocean Reef can differ by unit and have changed over time, so it’s advisable to check with the HOA for the latest rules. However, this specific listing states that pets are allowed with certain restrictions.

Is Ocean Reef suitable for a vacation home or year-round residence? Both options. The presence of full-time residents and seasonal owners contributes to Ocean Reef’s strong community atmosphere.  You’ll see residents living there year-round, appreciating the peaceful, tree-lined streets, alongside those who use their units as summer retreats or seasonal rentals.

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