Off market

Zestimate^®

$3,723,700

5409-11 Central Ave, Ocean City, NJ 08226

--beds

0baths

4,320sqft

MultiFamily

Built in 1980

-- sqft lot

$3,723,700 Zestimate^®

$862/sqft

$2,681 Estimated rent

Home value

$3,723,700

$3.05M - $4.47M

$2,681/mo

Zestimate^® history

Owner options

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$2,681/mo

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$2,681/mo

Rent Zestimate^®

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$23,550/mo

Est. payment

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$23,550/mo

Est. payment

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What's special

Large Beach Front Duplex with 4 bedrooms 2.5 baths per floor, built in 1980 under old codes with 70% lot coverage. You can not duplicate this size building! The Upgrade potential is enormous. Magnificent Views with Large front deck and also Front and back decks on each floor. Popular rental and fully booked for last 10 years with $65,000 plus income per floor. VACANT AND EASY TO SHOW! Call Lister for lock box code! Also available as 1st and 2nd floor Condos pending condo conversion.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Interior area

Total interior livable area: 4,320 sqft

Property

Parking

Total spaces: 3

Features

Exterior features: Wood

Lot

Size: 3,998 Square Feet

Details

Parcel number: 0805401000000009

Construction

Type & style

Home type: MultiFamily

Materials

Frame

Condition

Year built: 1980

Community & HOA

Location

Region: Ocean City

Financial & listing details

Price per square foot: $862/sqft
Tax assessed value: $2,291,600
Annual tax amount: $25,712

Price history

Date	Event	Price
4/14/2017	Listing removed	$2,699,000$625/sqft
Source: Berger Realty Report a problem
9/24/2016	Listed for sale	$2,699,000+476.2%$625/sqft
Source: BERGER REALTY-Main #475155 Report a problem
3/27/1997	Sold	$468,401$108/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$25,712	$2,291,600
2024	$25,712 +4.8%	$2,291,600
2023	$24,543 +6.6%	$2,291,600
2022	$23,031 +2.8%	$2,291,600
2021	$22,412 +5.7%	$2,291,600 +4.5%
2020	$21,201 +33.9%	$2,192,500
2019	$15,835	$2,192,500
2018	$15,835 -20.4%	$2,192,500
2017	$19,886 +1.3%	$2,192,500
2016	$19,623 +1.5%	$2,192,500
2015	$19,338 +4.8%	$2,192,500
2014	$18,461 -8.2%	$2,192,500
2012	$20,115 +2.6%	$2,192,500 -18%
2011	$19,606 +3.8%	$2,674,800
2010	$18,884 +4.4%	$2,674,800
2009	$18,082 -1.3%	$2,674,800
2008	$18,329 +3.1%	$2,674,800 +45.9%
2007	$17,779	$1,832,900
2006	--	$1,832,900
2005	--	$1,832,900
2004	$17,779	$1,832,900
2003	--	$1,832,900 +125.7%
2002	--	$812,000
2001	--	$812,000