5 months on rocket

638 Central Ave, Ocean City, NJ, 08226

$695,000

Home List Price

$8,253*

Closing Credit

0 Baths
Multi

Location

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638 Central Ave, Ocean City$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingTwo Car
HeatingBaseboard, Forced Air, Natural Gas
CoolingWindow Unit(s)
MLS #586344
StatusActive

About 638 Central Ave

Rare multi-family TRIPLEX available in the Northend historic district. Total of 3 units, (2) 1 bedroom units and (1) studio. All gas & electric separate, alley access to 2 parking spots. Great rental property, fabulous location walking distance to the Beach/Boardwalk & Downtown!!! Inspected by the state. Live in 1 unit and collect the rent for 2 other apartments!!! 2nd & 3rd fl furnished. The building is being sold vacant so you can make it your own! The property was previously rented with summer and yearly tenants. This is a must see with lots of possibilities!!! Easy to show!!! Call listing agent for more details!!!!!

Property Details

Property Features

Listing Office:

  • Office Name: FOX REAL ESTATE-Brighton
  • Office Phone: (609) 399-0980

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Basement: No

Exterior Features

Exterior Information:

  • Exterior: Deck, Needs Work, Porch, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Two Car

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: 9th St. to north on Central to 638.

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000

Tax Information:

  • Annual Amount: $2,240
  • Tax Year: 2020
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Housing Market Comparison

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

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Ocean City, NJ

City

Med. Sold Price

$888.1K

Med. Price/SqFt

$689

Avg. Days On Market

36

# of Sold Homes

62

638 Central Ave vs Ocean City

150 DAYS ON ROCKET

+114 Days

$695,000

-$193.1K Less

KEY TAKEAWAY

This property is $193.1K less than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #586344

Listing Office:

  • Office Name: FOX REAL ESTATE-Brighton
  • Office Phone: (609) 399-0980

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

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: 11/17/2024, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,240$300,200
2019$2,875$300,200
2018$2,876$300,200
2017$2,831$300,200

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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-418945
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 0.17 miles

  • Public District Grades PK-3

school-card-donut-418946
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 3.12 miles

  • Public District Grades KG-3

school-card-donut-418947
6
/10

  • Seaview Elementary School

  • 2013 Wabash Ave

  • 3.77 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,423. Residents of Ocean City, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›638 Central Ave

This home is located at 638 Central Ave in Ocean City, NJ and zip code 08226. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $695,000.

While more than 12 listings in Ocean City, NJ in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 31 were sold below. Between September 2024 and October 2024, Ocean City, NJ real estate market has seen increase in the number of listings by 6.2%. 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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