1400 Central 1, Ocean City, NJ 08226
Cape May County
Key Facts
Description
Experience coastal living at 1400 Central Avenue, where luxury and space combine to create the ultimate beachside retreat. This exceptional 4-bedroom, 2.5-bathroom corner property offers a rare and expansive 1,875 sqft layout—275 sq ft larger than most units in the area, ensuring an abundance of room for both relaxation and entertainment. The extra square footage is felt throughout the living room, extra closet spaces, and large bedrooms. The kitchen has recently been completely renovated boasting quartz countertops, stainless steel appliance. Living room & dining room furniture is new, mattresses are also new. Carpet in bedrooms has been replaced, living room has new luxury vinyl planking. Perfectly positioned at the corner of 14th & Central Ave, this home provides unobstructed access to refreshing ocean breezes, the soothing sounds of the waves, and effortless proximity to the beach and boardwalk, making every day feel like a vacation. Step outside to enjoy the outdoors from multiple decks, including a front wraparound, a side deck accessible from two bedrooms, and a private deck off the rear bedroom With 13 weeks already booked for the summer season, this property is not only a dream to live in but also a proven income generator, offering impressive rental potential. Existing leases in place represent approximately $60k in gross rental income.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
2001
Living Area
1,875 sq ft
Garage Spaces
2
Days on Market
68
MLS® Listing#
607667
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Lot Features
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$8,289
Affordability Calculator
$310,000
Estimated monthly payment
$8,250/mo
Principal $1,240,000 · Est. interest $1,729,910 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ocean City, NJ
- $618,513
- Median Listing Price
- 51
- Median Days on Market
- 1,410
- Median Sq Ft
- $402
- Median Price / Sq Ft
- 3,262
- Active Listings
- This home’s price is 151% above the area median.
- Its price per sq ft is 106% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ocean City, NJ.
Location
Points of Interest in Ocean City, NJ
Showing the Ocean City area map.
Nearby Schools
Ocean City Public Schools
School · 0.5 mi away
Ocean City Intermediate School
Secondary · 0.6 mi away
Ocean City Primary School
Elementary · 0.9 mi away
Ocean City High School
Secondary · 1.0 mi away
Somers Point School District
Elementary · 3.0 mi away
Somers Point Board-Education
School · 3.0 mi away
Saint Joseph Regional School
School · 3.1 mi away
Trinity Nursery School
Elementary · 3.4 mi away
Upper Township Elementary School
Elementary · 3.4 mi away
Jordan Road School
Secondary · 3.5 mi away
Dawes Avenue School
Elementary · 3.6 mi away
Chartertech High School
Secondary · 3.9 mi away
Linwood Nursery School
School · 4.2 mi away
Seaview Elementary School
Elementary · 4.3 mi away
Mainland Assembly of God
School · 4.3 mi away
Linwood Public Schools
Secondary · 4.8 mi away
Mainland Regional High School
Secondary · 5.1 mi away
Union Avenue Elementary School
Elementary · 5.3 mi away
William H Ross School
Elementary · 5.9 mi away
Margate City School District
Secondary · 6.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 201 16Th St, Union City, NJ | $1,088,000 | 6 | 3 | — |
| 88 BROWN PL, Jersey City, NJ | $1,089,999 | 8 | — | — |
| 516 Hawthorne Ave, Newark City, NJ | $1,095,000 | 9 | 6 | 3,959 |
| 1215 Pleasure 2, Ocean City, NJ | $1,095,000 | 4 | — | 1,490 |
| 203 Somerset Ln # 203 Ln, Ocean City, NJ | $1,095,000 | 3 | — | 4,477 |
| 99 CLIFTON PL, Jersey City, NJ | $1,099,000 | 8 | — | — |
Moving Cost Estimate
EXIT Agents in Ocean City
Listing Courtesy: FOX REAL ESTATE-Brighton