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  3. Gloucester, MA
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  5. 2 Ocean Ave
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2 Ocean Ave

2 Ocean Ave, Gloucester, MA, 01930

YEAR BUILT

2003

# STORIES

1

# TOTAL UNITS

43

UNIT SIZE RANGE

460-920 sqft

Description

2 Ocean Ave sits in Gloucester, at the intersection of Western Avenue and Ocean Avenue. The building overlooks the Atlantic Ocean and is a short distance from Magnolia Beach and Magnolia Pier. This low-rise condominium was built in 2003 and contains 43 units. The building has 1 story and offers units ranging from 460 to 920 square feet. Owners can choose from 1 or 2 bedrooms. Prices for the units range from $375,000 to $390,000. Over the past year, the average closed price has been about $343,334, with the lowest sold price at $340,000. The average price per square foot sits at $432. Units typically spend 81 days on the market before closing. In-unit amenities include laundry facilities and private outdoor balconies. Residents also enjoy assigned parking. There are possibilities of ocean views and high ceilings in some units. The building's location offers access to various amenities. Nearby, there are parks, golf areas, tennis courts, and a community pool. Public transportation connects easily, enhancing overall living comfort. Restaurants like JD & Meyers Best Friends and Edgewater Cafe & Catering provide dining options close by. Points of interest include the Hammond Castle Museum and conservation areas that feature scenic shoreline views. This area provides a pleasant blend of coastal charm and community access, making it an appealing choice for those looking for seaside living.

Building ImageMLS ID #73425003
Building ImageMLS ID #73425003
Building Image
Building ImageView Listing

2 Ocean Ave

2 Ocean Ave, Gloucester, MA, 01930

YEAR BUILT

2003

# STORIES

1

# TOTAL UNITS

43

UNIT SIZE RANGE

460-920 sqft

Description

2 Ocean Ave sits in Gloucester, at the intersection of Western Avenue and Ocean Avenue. The building overlooks the Atlantic Ocean and is a short distance from Magnolia Beach and Magnolia Pier. This low-rise condominium was built in 2003 and contains 43 units. The building has 1 story and offers units ranging from 460 to 920 square feet. Owners can choose from 1 or 2 bedrooms. Prices for the units range from $375,000 to $390,000. Over the past year, the average closed price has been about $343,334, with the lowest sold price at $340,000. The average price per square foot sits at $432. Units typically spend 81 days on the market before closing. In-unit amenities include laundry facilities and private outdoor balconies. Residents also enjoy assigned parking. There are possibilities of ocean views and high ceilings in some units. The building's location offers access to various amenities. Nearby, there are parks, golf areas, tennis courts, and a community pool. Public transportation connects easily, enhancing overall living comfort. Restaurants like JD & Meyers Best Friends and Edgewater Cafe & Catering provide dining options close by. Points of interest include the Hammond Castle Museum and conservation areas that feature scenic shoreline views. This area provides a pleasant blend of coastal charm and community access, making it an appealing choice for those looking for seaside living.

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Description

2 Ocean Ave sits in Gloucester, at the intersection of Western Avenue and Ocean Avenue. The building overlooks the Atlantic Ocean and is a short distance from Magnolia Beach and Magnolia Pier. This low-rise condominium was built in 2003 and contains 43 units. The building has 1 story and offers units ranging from 460 to 920 square feet. Owners can choose from 1 or 2 bedrooms. Prices for the units range from $375,000 to $390,000. Over the past year, the average closed price has been about $343,334, with the lowest sold price at $340,000. The average price per square foot sits at $432. Units typically spend 81 days on the market before closing. In-unit amenities include laundry facilities and private outdoor balconies. Residents also enjoy assigned parking. There are possibilities of ocean views and high ceilings in some units. The building's location offers access to various amenities. Nearby, there are parks, golf areas, tennis courts, and a community pool. Public transportation connects easily, enhancing overall living comfort. Restaurants like JD & Meyers Best Friends and Edgewater Cafe & Catering provide dining options close by. Points of interest include the Hammond Castle Museum and conservation areas that feature scenic shoreline views. This area provides a pleasant blend of coastal charm and community access, making it an appealing choice for those looking for seaside living.

2 Ocean Ave Market Stats Last 12 months

Avg. Listed Price$343,225($436/Sqft.)
Avg. Sale Price$343,334($432/Sqft.)
Year over year list priceDown Arrow1.94%
Year over year sale price 0.00%
Total Listings4 Listed
Total sold3 Sold
Average Days on Market81 days
Average HOA fees per sqft$3 /monthly
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Market Stats

Year over year list priceDown Arrow1.94%
Year over year sale price0.00%
Total Listings4 Listed
Total sold3 Sold
Average Days on Market81 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

2 Ocean Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1J1J76511552025-10-28
MLS#: 73425003 		Closed$340,000
Unit 2N2N87021362023-06-09
MLS#: 73107390 		Closed$365,000
Unit 2A2A870212122023-03-15
MLS#: 73025472 		Closed$390,000
Unit 1J
1J

1 Beds

1 Baths

765 sqft

DateStatusPrice
2025-10-28Closed$340,000
MLS#: 73425003
Days On Market55
Unit 2A
2A

2 Beds

1 Baths

870 sqft

DateStatusPrice
2023-03-15Closed$390,000
MLS#: 73025472
Days On Market212
Unit 2N
2N

2 Beds

1 Baths

870 sqft

DateStatusPrice
2023-06-09Closed$365,000
MLS#: 73107390
Days On Market36
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

One of the highlights of living at Ocean Terrace is the impressive array of amenities tailored for an active lifestyle. Imagine wrapping up your day with a friendly match on the tennis court or cooling off in the inviting pool. Grab your bike and ride along the scenic bike path, or take a leisurely stroll through the nearby park or conservation area. And if you need to run errands or have some fun, it’s comforting to know public transportation is accessible right in your neighborhood.

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Amenities Description

One of the highlights of living at Ocean Terrace is the impressive array of amenities tailored for an active lifestyle. Imagine wrapping up your day with a friendly match on the tennis court or cooling off in the inviting pool. Grab your bike and ride along the scenic bike path, or take a leisurely stroll through the nearby park or conservation area. And if you need to run errands or have some fun, it’s comforting to know public transportation is accessible right in your neighborhood.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Pool

Pool

Security System

Security System

Laundry

Laundry

Tennis Court(s)

Tennis Court(s)

Balcony

Balcony

Policies

One less thing to worry about: Ocean Terrace does not impose strict policies on residents. This welcoming environment encourages relaxed living, perfect for first-time buyers eager to settle down and enjoy their new community.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
2 Ocean Ave$432/sqft.$3 /sqft.
2 Ocean$452/sqft.$3 /sqft.
Harborview Condominium$443/sqft.$2 /sqft.
44 Lexington Ave$448/sqft.$2 /sqft.
Ocean Breeze$793/sqft.$2 /sqft.
54 Lexington Ave$793/sqft.$2 /sqft.

Nearby Schools

No Schools Data Available

Transit

2 Ocean Ave is located in a well-connected part of , Gloucester, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

Hammond Castle

1.11 miles away|22 min walk

Lexington Ave & Flume Rd

0.08 miles away|2 min walk

Magnolia Square

0.21 miles away|4 min walk

Rafe's Chasm

0.54 miles away|11 min walk

Ravenswood Park

1.68 miles away|33 min walk

Western Ave & Magnolia Ave

0.69 miles away|14 min walk
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Transit

arrow rightWhat to know about transitarrow right
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Description

2 Ocean Ave is located in a well-connected part of , Gloucester, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

Hammond Castle

1.11 miles away|22 min walk

Lexington Ave & Flume Rd

0.08 miles away|2 min walk

Magnolia Square

0.21 miles away|4 min walk

Rafe's Chasm

0.54 miles away|11 min walk

Ravenswood Park

1.68 miles away|33 min walk

Western Ave & Magnolia Ave

0.69 miles away|14 min walk

The Neighbourhood: 2 Ocean Ave

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2 Ocean Ave Demographics

Age Demographics

0–14 Years

8.4%

15–29 Years

16.13%

30–44 Years

20.73%

45–59 Years

18.68%

60+ Years

36.07%

Commute

1.37%

Transit

3.97%

Walk

74.19%

Drive

0%

Bike

Housing Ownership

63.61%

Owner Occupied

36.39%

Rental Units

Household Types

Single Family
17%
Multi Family
10.92%
Single Person
37.6%
Multi Person
62.4%

Average Income

Household:$10,334,954.73 /yr

Individual:$7,022,859.06 /yr

Education

Bachelors Degree30.6%
High School College14.47%
Diploma13.24%
Post Graduate25.83%
Others15.86%
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Education

Diploma13.24%
Post Graduate25.83%
Others15.86%
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  1. Home
  2. /Gloucester, MA
  3. /
    2 Ocean Ave
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