4933-35 Central Avenue

Ocean City, NJ 08226

$9,900,000
Price
Beds
6,500 Sq. Ft.
$1,523 / Sq. Ft.
6,500
Sq. Ft.
$1,523
per Sq. Ft.

Description

Rare opportunity to own this one-year young beachfront duplex on a 50 foot lot in the desirable South End. Each unit boasts over 3,000 square feet of luxury including 5 bedrooms, 5 baths, 4 decks, gourmet kitchen with wine fridge, great room with fireplace, elevator, driveway and over-sized garage with electric vehicle charger. Ground floor of each unit has an impressive entry hall, full bath and private cabana with full size video games and queen sleeper sofa. Also included are beach chairs and...Rare opportunity to own this one-year young beachfront duplex on a 50 foot lot in the desirable South End. Each unit boasts over 3,000 square feet of luxury including 5 bedrooms, 5 baths, 4 decks, gourmet kitchen with wine fridge, great room with fireplace, elevator, driveway and over-sized garage with electric vehicle charger. Ground floor of each unit has an impressive entry hall, full bath and private cabana with full size video games and queen sleeper sofa. Also included are beach chairs and towels, boogie boards, outdoor furniture and a gas grill. The property includes a beautifully manicured beach-front lawn and outdoor showers. Both units are being sold fully furnished in addition to offering every amenity necessary to make this investment property a hit with vacationers both on and off season. Each unit comfortably accommodates up to 16 guests. Excellent income potential with the Summer season largely booked already. Sweeping panoramic views of the beach and ocean spanning from Atlantic City to Strathmere. Ideally located to enjoy the beauty and tranquility of the South End within proximity to the Ocean City boardwalk/downtown area and Sea Isle City restaurants and nightlife. This property is being offered as individual units or as a duplex. Enjoy the Summer in Ocean City with your family in one unit while renting out the other for income, utilize the entire property as an investment, or purchase an individual unit. If you have been considering buying property in Ocean City this is a must see!
  1. Listed by Christopher Gill • Compass New Jersey-Ocean City

Property Details for 4933-35 Central Avenue

City/Community
Ocean City
Class
MULTI-FAMILY
Parking - Exterior
Two Car
Waterfront (Y/N)
Yes

Location

Listing Courtesy of Compass New Jersey-Ocean City
Add your commute
LISTING UPDATED: 05/10/2024 12:17 PM

Property Details for 4933-35 Central Avenue

StatusActive
MLS #585082
Days on Market15
Taxes$22,105 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built2023
Lot Size0.11 AC / 5,000 SF
CountyCape May County

Location

Listing Courtesy of Compass New Jersey-Ocean City
Add your commute

Virtual Tour

Building Information for 4933-35 Central Avenue

Stories-Residences2Year Built2023Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$55,870 per month

30 year fixed, 7.25% Interest

Principal and Interest

$54,028

Property Taxes

$1,842

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4933-35 Central Avenue

Summary
Location and General Information
  • Address: 4933-35 Central Ave
  • Address Number: 4933-35
  • Address Search Number: 4933
  • Address Street: Central
  • Area: Ocean City/Southend
  • County: Cape May
  • Directions: Central Avenue to 49th Street
  • Fips Code: 34009
  • Location: Ocean Front
  • State: NJ
  • Street Designation: Ave
  • Zip: 08226
Parking
  • Garage: Two Car, Auto Door Opener
Taxes and HOA Information
  • LVT Date: 05-10-2024
  • Tax Year: 2023
  • Taxes: 22105
Virtual Tour
Property
Lot Information
  • Approved Short Sale?: No
  • Approx SQFT: 6500
  • Block #: 4901
  • Lot #: 4
  • Lot Dimensions: 50x100
Property and Assessments
  • Age: 0 to 1 Year
  • Also Includes: Furnished, Shades, See Remarks
  • Associated Document Count: 0
  • New Construction: No
  • Total Assessment: 4596200
  • Water: Public
  • Year Built: 2023
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Tankless-gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Beach Access, Cabana, Curbs, Deck, Handicap Access, Ocean View, Outside Shower, Porch, Sidewalks, Sprinkler System
  • Siding/Exterior: Shingle, Fiber Cement Board Siding
Interior Features
  • Air Conditioning: Ceiling Fan(s), Central
  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space
  • Heating: Forced Air, Gas-Natural
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Kitchen
Multi Family
Multi-Family Information
  • Annual Taxes: 22105
  • Available: Lease Information
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Owner Occupied (Y/N): No
  • Rental Information: Lease Required, Monthly, Seasonal, Weekly
  • Separate Meters: Electric, Gas, Heat, Hot Water, Cooling, Cable TV
  • Suitable For: Condo Conversion, Multi Family + Rooms, Other (See Remarks)

Property History for 4933-35 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4933-35 Central Avenue

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4933-35 Central Avenue is a multi-family home for sale in Ocean City, NJ 08226. This property was listed for sale on May 9, 2024 by Compass New Jersey-Ocean City, it's currently listed at $9,900,000. It has been on the market for a total of 15 days and was last sold on June 2, 2023. This listing's school district is Ocean City School District. Nearby schools include Ocean City Primary School, Ocean City Intermediate School and Ocean City High School. 4933-35 Central Avenue is a 0-bed, 0-bath, 6,500 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass New Jersey-Ocean City

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.