Very rare chance to own a 4 unit building in the heart of OCNJ. There are (Two) 5 bedroom / 1.5 bath units and there are (Two) 1 bedroom / 1 bath units. Two of the units are occupied. Total square footage is 4,422 and the lot is 40x100. Talk about upside, this property will be able to generate tremendous cash flow. The electric service is separate. Just a few blocks to the main area of the boardwalk and a couple blocks to the main downtown area of Ocean City. Live in one and rent out the others or rent all and maximize the income.
Sold for $999,999
$999,999
610 Central Ave, Ocean City, NJ 08226
2beds
6baths
--sqft
Multi Family
Built in 1922
-- sqft lot
$1,342,300 Zestimate®
$--/sqft
$2,625 Estimated rent
Home value
$1,342,300
$1.17M - $1.56M
$2,625/mo
Zestimate® history
Owner options
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$2,625/mo
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$2,625/mo
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$6,306/mo
Est. payment
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$6,306/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
JAMES BOYLE JR 609-226-0678,
Keller Williams Realty Jersey Shore-Ocean City
Bought with:
JAMES BOYLE JR, 1112211
Source: SJSRMLS,MLS#: 571149
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 6
Rooms
- Room types: Dining Area, Great Room, Kitchen, Living Room
Heating
- Natural Gas
Cooling
- Window Unit(s)
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Has garage: Yes
Features
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: See Remarks
Lot
- Size: 4,000 Square Feet
- Dimensions: 40 x 100
Details
- Parcel number: 18
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ocean City
Financial & listing details
- Tax assessed value: $539,000
- Annual tax amount: $5,590
- Date on market: 2/15/2023
- Date available: 02/15/2023
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2023 | Sold | $999,999-20% |
Source:  SJSRMLS #571149 Report a problem | ||
| 5/8/2023 | Pending sale | $1,250,000 |
Source: SJSRMLS #571149 Report a problem | ||
| 3/1/2023 | Price change | $1,250,000-13.8% |
Source: SJSRMLS #571149 Report a problem | ||
| 2/15/2023 | Listed for sale | $1,450,000 |
Source: SJSRMLS #571149 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,048 -0.8% | $539,000 -0.8% |
| 2024 | $6,095 +4.8% | $543,200 |
| 2023 | $5,818 +6.6% | $543,200 |
| 2022 | $5,459 +2.8% | $543,200 |
| 2021 | $5,313 +1.1% | $543,200 |
| 2020 | $5,253 +0.9% | $543,200 |
| 2019 | $5,204 | $543,200 |
| 2018 | $5,204 +5.6% | $543,200 |
| 2017 | $4,927 +1.3% | $543,200 |
| 2016 | $4,862 +1.5% | $543,200 |
| 2015 | $4,791 +4.8% | $543,200 |
| 2014 | $4,574 -7.5% | $543,200 |
| 2013 | $4,946 +4.1% | $543,200 -14% |
| 2012 | $4,750 +2.6% | $631,700 |
| 2011 | $4,630 +3.8% | $631,700 |
| 2010 | $4,460 +4.4% | $631,700 |
| 2009 | $4,272 +29.3% | $631,700 0% |
| 2008 | $3,303 +3.1% | $631,900 +91.3% |
| 2007 | $3,204 | $330,300 |
| 2006 | -- | $330,300 |
| 2005 | -- | $330,300 |
| 2004 | $3,204 | $330,300 |
| 2003 | -- | $330,300 +61.7% |
| 2002 | -- | $204,300 |
| 2001 | -- | $204,300 |
Find assessor info on the county website
Neighborhood: 08226
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Nearby schools
GreatSchools rating
- 7/10Ocean City Primary SchoolGrades: PK-3Distance: 0.2 mi
- 6/10Ocean City Intermediate SchoolGrades: 4-8Distance: 1.4 mi
- 8/10Ocean City High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$1,342,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,342,300
- New Jersey
- Cape May County
- Ocean City
- 08226
- 610 Central Ave
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