6 months on rocket

4935 Central Ave Unit 4935, Ocean City, NJ, 08226

$5,000,000

5 Bedrooms
5 Full Baths
3,350 SqFt
$1,493/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingOne Car
Attached Garage1 space
Year Built2023
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air, Zoned
WaterfrontOcean Front, Waterfront
FireplaceFamily Room, Gas Log
ViewOcean, Water, See Remarks
MLS #585269
StatusActive

About 4935 Central Ave Unit 4935

Rare opportunity to own this one-year young beachfront Top Floor unit on a 50 foot lot in the desirable South End. This unit boasts over 3,350 square feet of luxury living space 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 this 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 shower. 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. 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!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 2023
  • Living Area: 3,350 SqFt

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Elevator, Fireplace(s), Foyer, Handicap Features, Kitchen Island, Master Bath
  • Fireplace: Family Room, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front, Waterfront
  • View: Ocean, Water, See Remarks
  • Exterior: Deck/Porch, Elevator, Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: One Car

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Zoned

Other

Directions Information:

  • Directions: Central Ave to 49th St, beach side

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
  • Price Per SqFt: $1,493/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

Med. Sold Price

$888.1K

Med. Price/SqFt

$689

Avg. Days On Market

36

# of Sold Homes

62

4935 Central Ave Unit 4935 vs Ocean City

188 DAYS ON ROCKET

+152 Days

$5,000,000

+$4.1M More

$1,493/SqFt

+$804 More

KEY TAKEAWAY

This property is $4.1M more than the Median Sold Price and $804/SqFt more than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #585269

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

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The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-317238
5
/10
  • Upper Township Elementary School

  • 50 N Old Tuckahoe Rd

  • 2.84 miles

  • Public District Grades 3-5

school-card-donut-317239
5
/10
  • Ocean City Primary School

  • 550 West Ave

  • 4.70 miles

  • Public District Grades PK-3

school-card-donut-317240
2
/10
  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 6.77 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,838. Residents of Ocean City, NJ typically earn less than $35k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4935 Central Ave Unit 4935

What is the listing price of this property?

The listing price of 4935 Central Ave Unit 4935 property is $5,000,000.

What type of property is this?

The property 4935 Central Ave Unit 4935 is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 4935 Central Ave Unit 4935 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4935 Central Ave Unit 4935 has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 4935 Central Ave Unit 4935 is 3,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4935 Central Ave Unit 4935 is 2023.
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Rocket Homes›New Jersey›Cape May County›Ocean City›08226›4935 Central Ave Unit 4935

This home is located at 4935 Central Ave Unit 4935 in Ocean City, NJ and zip code 08226. This 3,350 square foot home was built in 2023. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $5,000,000.

In October 2024, from all listings sold in Ocean City, NJ there were more than 12 sold above asking price, over 31 sold below and more than 7 were sold right at the asked price. The number of homes for sale in Ocean City, NJ increased by 6.2% between September 2024 and October 2024. Listings spent 36 days on the market in October 2024, and had a median list price of $888,150 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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