Aerial view of the two bayfront buildings at 500 Bay Condominium on the open bay in Ocean City, NJ
Ocean City, NJ · Bayfront Condominium

500 Bay

500 Bay Avenue · On the Open Bay
110
Residences
2
Bayfront Buildings
1BR–3BR
Floor Plans
Heated
Bayside Pool
The Building

Two buildings on the bay, one of the most established condo addresses on the Ocean City waterfront.

500 Bay sits right on the open bay at the north end of Ocean City, minutes from the Route 52 causeway. It's two separate buildings, a six-story North and a seven-story South, about 110 residences in all, built in the late 1970s and run tight ever since. Most condos here are second homes and summer places, but they make fantastic full-time residences too. You get real bay views, open-water sunsets, and a full set of amenities that a lot of newer shore buildings can't match. Floor plans run from a one-bedroom to a three-bedroom, with a den layout and a couple of top-floor studios in the mix.

Aerial of both 500 Bay buildings on the open bay with Ocean City stretching to the Atlantic

On the water

Direct frontage on the open bay, a bayfront boardwalk over 210 feet long, and sunset views most units share.

Resort amenities

Heated bayside pool and baby pool, fitness room, bayview community rooms, a garden gazebo, and a sundeck along the water.

Easy to own

Garage parking, on-site manager and security, private storage for every unit, elevators, and trash chutes on every floor.

The Details

How 500 Bay is built and run

500 Bay went up in the late 1970s and has been one of Ocean City's established bayfront addresses ever since. The North building rises six stories, the South building seven, and both sit right on the open bay with the amenities shared between them. The mix leans toward two-bedroom layouts, with one-bedrooms, a den plan, three-bedrooms, and a pair of top-floor studios rounding it out.

The association runs with an on-site property manager and on-site security, so the buildings stay maintained and staffed straight through the season. The monthly condo fee covers water and sewer, common-area flood and hazard insurance, basic cable, management, maintenance, security, and use of every amenity. There's a one-time capital contribution due at closing. For the current fee and the full rules and regulations, use the form below.

Amenities Tour
The Setting

Bayfront, from the air

Bayfront balconies overlooking the open bay at 500 Bay condos in Ocean City, NJ Aerial of the heated bayside pool and gazebo lawn at 500 Bay in Ocean City, NJ Heated bayside swimming pool at 500 Bay condos in Ocean City, NJ The 210-foot bayfront boardwalk at 500 Bay in Ocean City, NJ
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For Sale & Pending

500 Bay condos on the market

Floor Plans

Layouts across both buildings

500 Bay's North and South buildings each have their own set of plans. Sizes below are estimated living area, terraces are separate, and every buyer should verify against the deed and current MLS. Tap a plan to enlarge it.

PlanBeds / BathsLiving area (est.)Building & notes
North “A”2 BR / 2 BA~1,120 sq ftNorth · bay or Bay Ave view
North “B”2 BR / 2 BA~1,100 sq ftNorth · corner, bay balconies wrap the master
North “C”2 BR / 2 BA~1,170 sq ftNorth · largest North living area
South 1-A1 BR / 1 BA~990 sq ftSouth
South 1-A Den1 BR + Den / 2 BA~1,218 sq ftSouth
South 2-A2 BR / 2 BA~1,420 sq ftSouth · corner
South 2-B2 BR / 2 BA~1,428 sq ftSouth
South 3-A3 BR / 2 BA~1,640 sq ftSouth · corner
South 3-B3 BR / 2 BA~1,676 sq ftSouth · corner, 7th floor
South StudioStudioSouth · 7th floor only, two units

Floor plans are the building's original type plans, estimated and subject to field variations. Buyer to verify all dimensions.

Amenities

What comes with the building

Heated bayside swimming pool
Children's baby pool
Fitness / exercise room
Bayfront boardwalk (210'+)
Community & social rooms
Garden gazebo area
Garage parking
Private storage for every unit
Two bike storage rooms
On-site manager & security
Passenger & freight elevators
Trash chutes on every floor
Picnic area, restrooms, outdoor shower
Book library & social activities
Valet / shopping carts

Pets: 500 Bay is a no-pet building.

Parking: garage parking is part of the building.

Monthly condo fee: covers water and sewer, common-area flood and hazard insurance, basic cable, on-site management, maintenance, security, and use of all amenities.

Location

Ocean City's north end, on the bay

500 Bay sits on Bay Avenue at the north end of Ocean City, right where the Route 52 causeway brings you onto the island. You're on the water for boating and sunsets, a short ride from the boardwalk and beaches, and close to the shops and restaurants on Asbury Avenue. Browse more Ocean City NJ condos for sale.

Recently Sold

What's sold at 500 Bay

500 Bay Ave 310 South, Ocean City, NJ 08226Sold43 photos
$789,000
500 Bay Ave 310 SouthOcean City, NJ 08226
2 bd·2 ba
Sold Jul 30, 2026
$40,900 below asking
500 Bay Ave 307N, Ocean City, NJ 08226Sold32 photos
$585,000
500 Bay Ave 307NOcean City, NJ 08226
2 bd·2 ba
Sold Jun 29, 2026
$39,900 below asking
500 Bay Ave 510 South, Ocean City, NJ 08226Sold49 photos
$695,000
500 Bay Ave 510 SouthOcean City, NJ 08226
2 bd·2 ba·1,447 sqft
Sold Apr 21, 2026
$4,999 below asking
500 Bay Ave 404 South, Ocean City, NJ 08226Sold54 photos
$639,000
500 Bay Ave 404 SouthOcean City, NJ 08226
2 bd·2 ba·1,427 sqft
Sold Feb 26, 2026
$10,000 below asking
500 Bay Ave 607S, Ocean City, NJ 08226Sold37 photos
$620,000
500 Bay Ave 607SOcean City, NJ 08226
2 bd·2 ba·1,328 sqft
Sold Jan 30, 2026
$29,999 below asking
500 Bay Ave 406S, Ocean City, NJ 08226Sold55 photos
$685,000
500 Bay Ave 406SOcean City, NJ 08226
2 bd·2 ba·1,447 sqft
Sold Jan 30, 2026
$14,999 below asking
500 Bay Ave 207 North, Ocean City, NJ 08226Sold43 photos
$645,000
500 Bay Ave 207 NorthOcean City, NJ 08226
2 bd·2 ba
Sold Aug 25, 2025
$4,999 below asking
500 Bay Ave 310 North, Ocean City, NJ 08226Sold41 photos
$675,000
500 Bay Ave 310 NorthOcean City, NJ 08226
2 bd·2 ba
Sold May 20, 2025
Sold at asking price
500 Bay Ave 608S, Ocean City, NJ 08226Sold47 photos
$619,000
500 Bay Ave 608SOcean City, NJ 08226
2 bd·2 ba
Sold Apr 25, 2025
Sold at asking price
500 Bay Ave 309 North, Ocean City, NJ 08226Sold44 photos
$649,900
500 Bay Ave 309 NorthOcean City, NJ 08226
2 bd·2 ba
Sold Apr 25, 2025
$900 over asking
500 Bay Ave Unit 204n 204 North, Ocean City, NJ 08226Sold49 photos
$650,000
500 Bay Ave Unit 204n 204 NorthOcean City, NJ 08226
2 bd·2 ba
Sold Oct 11, 2024
$37,000 below asking
500 Bay Ave 506S, Ocean City, NJ 08226Sold53 photos
$645,000
500 Bay Ave 506SOcean City, NJ 08226
2 bd·2 ba
Sold Oct 1, 2024
$30,000 below asking
500 Bay Ave 201N, Ocean City, NJ 08226Sold40 photos
$640,000
500 Bay Ave 201NOcean City, NJ 08226
2 bd·2 ba
Sold Sep 6, 2024
$9,900 below asking
500 Bay Ave 702s 702 South, Ocean City, NJ 08226-3979Sold42 photos
$935,500
500 Bay Ave 702s 702 SouthOcean City, NJ 08226-3979
3 bd·2 ba
Sold Jul 12, 2024
$49,500 below asking
500 Bay Ave 1301 (301S), Ocean City, NJ 08226Sold57 photos
$565,000
500 Bay Ave 1301 (301S)Ocean City, NJ 08226
2 bd·2 ba
Sold Jul 3, 2024
$34,900 below asking
500 Bay Ave 1509 (509S), Ocean City, NJ 08226Sold56 photos
$518,250
500 Bay Ave 1509 (509S)Ocean City, NJ 08226
2 bd·2 ba
Sold May 31, 2024
$10,750 below asking
500 Bay Ave 305 South, Ocean City, NJ 08221Sold43 photos
$494,000
500 Bay Ave 305 SouthOcean City, NJ 08221
2 bd·2 ba
Sold May 20, 2024
$5,000 below asking
500 Bay Ave 403 North, Ocean City, NJ 08226Sold28 photos
$689,900
500 Bay Ave 403 NorthOcean City, NJ 08226
2 bd·2 ba
Sold May 1, 2024
Sold at asking price
500 Bay Ave 606N, Ocean City, NJ 08226Sold27 photos
$690,000
500 Bay Ave 606NOcean City, NJ 08226
2 bd·2 ba
Sold Jan 5, 2024
$79,000 below asking
500 Bay Ave 503N, Ocean City, NJ 08226Sold56 photos
$610,000
500 Bay Ave 503NOcean City, NJ 08226
2 bd·2 ba
Sold Nov 8, 2023
$19,000 below asking
500 Bay Ave 601 S, Ocean City, NJ 08226Sold38 photos
$585,000
500 Bay Ave 601 SOcean City, NJ 08226
2 bd·2 ba
Sold Oct 31, 2023
$14,900 below asking
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FAQ

500 Bay, common questions

Does 500 Bay allow pets?

No. 500 Bay is a no-pet building, for owners and guests.

Is there parking at 500 Bay?

Yes. The building has garage parking, which is a real advantage at the shore where parking is hard to come by.

What does the monthly condo fee include?

Water and sewer, common-area flood and hazard insurance, basic cable, on-site management, maintenance, security, and use of all amenities. There's also a one-time capital contribution due at closing. For the current fee amount, request it through the form on this page.

How many units and buildings are there at 500 Bay?

Two bayfront buildings, about 110 residences in all: a six-story North building and a seven-story South building, both right on the open bay in Ocean City.

What size are the condos at 500 Bay?

They run from a one-bedroom around 990 square feet up to a three-bedroom around 1,676 square feet (estimated), plus a one-bedroom-with-den layout and two top-floor studios. Sizes are estimated, so verify against the deed and MLS.

Can I rent my condo at 500 Bay?

500 Bay has rental rules that owners follow. Request the current rules and regulations through the form on this page for the specifics before you count on rental income.

Adam D'Annunzio is a licensed New Jersey real estate agent with Keller Williams Realty and is not affiliated with the 500 Bay Condominium Association or its management. Building details, unit counts, sizes, amenities, and policies come from the building's condominium documents and MLS, are believed accurate but not guaranteed, are estimated where noted, and are subject to change. Square footage is estimated, buyer to verify. This page is for general information and is not an offering.