5305-07 Central Ave

Ocean City, NJ
$ 3,999,900 Beds 7 Baths 0
Monthly Estimate* How much can I afford?

This fabulous beachfront triplex is located on the nicest beach block in the South End of Ocean City. This home is in mint condition! The second floor has two kitchens and two living rooms with the best beach views on the island. The first floor generates over $54,000.00 in rental income! Why buy one floor of a duplex when you can own the whole building on a 40x100 ft lot!

Multi-Family

  • Price
  • $ 3,999,900
  • Lot Size
  • Bedrooms
  • 7
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • County
  • CAPE MAY
  • Style
  • Triplex
  • Area
  • Ocean City-Southend
  • MLS#
  • 548616
  • Zip
  • 08226
Listing Provided by: BERGER REALTY-A
Data Source: South Jersey Shore Regional MLS

Features

General

Appliances Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Class MULTI-FAMILY
Garage None
Heating Gas-Natural
Listing Area Ocean City/Southend
Location Ocean Front
Sewer Public Sewer
Status Active
Status Active
Tax Year 2020
Taxes 19000
Type Triplex
Water Public
Water Heater Gas

Interior Features

# of 1 Bedroom Units 1
# of 3 Bedroom Units 2
# of Units 2
Air Conditioning Central
Other Rooms Dining Area, Eat In Kitchen, Great Room, Kitchen, Laundry/Utility Rm

Exterior Features

Driveway Concrete
Exterior Vinyl
Lot Dimensions 40x100
Outside Features Beach Access, Curbs, Deck, Ocean View, Outside Shower
Separate Meters Gas

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/23/2021 Listed $3,999,900

Property vs Zip Code Average in 08226

Price
AVG $1.73M
$4M
Visits
AVG 41
30
Walkscore
AVG 53
13
Data Provided by Walkscore ® not using MLS data

Map

5305-07 Central Ave Ocean City, NJ is a Single Family Home for sale at $3999900 and a lot size of Acre(s). 5305-07 Central Ave Ocean City has 7 bedrooms, 0 baths . The property's zip code is 08226 which is in Ocean City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.