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$340,000
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Property Description
Coastal Living at Its Best! Located in the beautiful Magnolia Village! This is a first-floor unit rare to find!! It is perfect for downsizers, first-time home buyers, or anyone seeking a coastal getaway. This charming 1-bedroom, 1-bath condo offers a comfortable living space just moments from the ocean. Enjoy the convenience of in-building laundry, assigned parking, and a private patio for relaxing outdoors. With restaurants, shops, beaches, and public transportation nearby, plus easy access to the highway and train, this condo offers the ideal blend of tranquility and convenience. Â Don't miss your chance to own a slice of Gloucester's seaside charm!
Full Property Details
Full Property Details for 2 Ocean Ave #1J
General
- Sold For: $340,000
- HOA FEE: $320/month
- Taxes: $2,390 (2024)
- Status: Closed
- Type: Condo
- Source: MLSPin
- MLS ID: 73425003
- Added to Site: 135 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
- Flooring: Plywood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
- Bathroom 1: Laminate Flooring, First
Bedrooms
- Total Bedrooms: 1
- Primary Bedroom: First
Other Rooms
- Living Room: Closet, Laminate Flooring, Vinyl Flooring, Exterior Balcony, Exterior Access, Open Floorplan, Main, First
- Kitchen: Laminate Flooring
- Laundry: Common Area, In Building
Additional Information
- Security/Safety: Intercom
Parking
- Total Spaces: 1
- Parking Features: Paved, Exclusive Parking
Location
- County: Essex
- Complex: The Ocean Terrace Condominiums
- Building Name: The Ocean Terrace Condominiums
- Driving Directions: Hesperus and then left on Ocean Ave
Community
- Assoc. Fees Include: Laundry
- Management Type: On-Site Professional Management
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Cooling Zones: 1
- Heating Type: Central, Electric
- Heating Fuel: Central, Electric
- Heating Zones: 1
Utilities
- Sewer: Private Sewer
- Water: Public
- Utility Description: Connection for Electric Range, Connection for Electric Oven
Structural Information
- Architectural Style: Other (See Remarks)
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: N
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 765
- Sq. Ft. Source: Public Records
- Living Area: 765 Sq. Ft.
- Year Built: 2003
Water Features
- Water Front Desc.: Beach Access, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Financial Considerations
- Price Per Sq. Ft.: $444.44
- Association Fee: $320
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,390
- Tax Year: 2024
- Terms: Other (See Remarks)
Disclosures and Reports
- Documents Avail.: Other (See Remarks)
- Disclosures/Rstr.: Some pictures are virtual staged. There is a security video camaras in the unit.
- Property ID: M:0169 B:0003 L:0001(J), 1901939
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Schools
Schools serving 2 Ocean Ave #1J
School District:Gloucester School District
| Name | Grades | Distance |
|---|---|---|
West Parish 10 Concord Street, Gloucester, MA 01930 | K-5 | 3 mi |
Ralph B O'maley Middle School 32 Cherry Street, Gloucester, MA 01930 | 6-8 | 4.2 mi |
Gloucester High School 32 L O Johnson Rd, Gloucester, MA 01930 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Ocean Ave #1J
Date
Details
Price
Change
Source
10/28/2025
Sold
$340,000
-2.86%
MLS
9/03/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 Ocean Ave #1J, Gloucester, MA 01930 (MLS# 73425003) is a Condo property that was sold at $340,000 on October 28, 2025. This property was listed by Gabriela DeBenedictis from our Manchester, MA Office.Want to learn more about 2 Ocean Ave #1J? Do you have questions about finding other Condo real estate for sale in Gloucester? You can browse all Gloucester real estate or contact a Coldwell Banker agent to request more information.


