$1,645,000
PENDING

321 Central Ave Ocean City, NJ 08226

Estimated payment $9,582/month

Total Views 2,251
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • The property is located in a historic district
  • 1 Car Detached Garage
  • Patio
  • Ocean City Primary School Rated A
  • Porch
  • 3-minute walk to Lake Memorial Park

About This Home

Here is your chance to own a piece of OC history! Welcome to 321 Central Ave, a multi-unit historic property located in the desirable North end of Ocean City, NJ. Featuring a 5 bedroom, 3 bathroom, single family home on the front of the property and a 3 bedroom, 1 bathroom, 2nd floor apartment w/ an in-law suite in the back of the property! The exterior of the house was recently professionally painted, new awnings have been installed, and bathrooms have been redone just to name a few of the many updates this property has received over the past several years. There is plenty of storage in the garage for bikes and beach chairs, the backyard is the perfect spot for a BBQ after the beach, and there is nothing but shaded space to relax on the amazing front porch! This is an ideal location on a gorgeous tree lined street in the heart of the historic district. Easy walk to downtown Asbury, Ocean City’s famous boardwalk, or to enjoy a day on the beach! Whether you’re looking for the perfect vacation property, primary residence, or investment property to add to your portfolio this location checks every box.

Listing Agent

Jim Murray

Keller Williams Realty Jersey Shore-Ocean City License #0125805 Listed on: 06/16/2025

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,637

Lot Details

  • Lot Dimensions are 40x100
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,637

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Lvt Date: 06/16/2025
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Dining Room, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Fenced Yard, Patio, Porch, Sidewalks
  • Siding Exterior: Wood

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Window Units
  • Heating: Electric, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District
  • Lot Dimensions: 40x100

Rental Info

  • Rental Information: Seasonal

Multi Family

  • Number Of Units: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,637 $502,400 $285,300 $217,100
2023 $5,381 $502,400 $285,300 $217,100
2022 $5,051 $490,900 $285,300 $205,600
2021 $3,602 $488,900 $285,300 $203,600
2020 $4,601 $470,500 $285,300 $185,200
2019 $4,550 $470,500 $285,300 $185,200
2018 $4,507 $470,500 $285,300 $185,200
2017 $4,437 $470,500 $285,300 $185,200
2016 $4,267 $470,500 $285,300 $185,200
2015 $4,211 $470,500 $285,300 $185,200
2014 $4,150 $470,500 $285,300 $185,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $1,645,000 +122.3% --
09/11/2020 09/11/20 Sold $740,000 -1.2% --
07/08/2020 07/08/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $749,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $740,000 Misc Company
Deed $209,900 --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Previous Owner $592,000 Purchase Money Mortgage
Previous Owner $167,900 No Value Available
Source: Public Records

Source: South Jersey Shore Regional MLS

MLS Number: 597363

South Jersey Shore Regional MLS

APN: 08-00306-0000-00008