4301-03 CENTRAL AVENUE #1ST FLOOROCEAN CITY, NJ 08226

Single Family · 5 Beds · 3 Full Baths · 1 Half Bath · 2,148 Sq. ft.
$2,950,000 ACTIVE

4301-03 CENTRAL AVENUE #1ST FLOOR Overview

Time on Site:
53 days
Visits:
11

Oceanfront Southend location ' 5 bedrooms ' Covered private decks ' Ocean view primary suite ' No HOA ' Fully furnished ' Proven rental income Wake up to the sound of the ocean and enjoy coastal living from this first-floor oceanfront condo at 4301 Central Ave in Ocean City's sought-after Southend. Positioned on the corner of 43rd Street and Central Avenue, this spacious 5-bedroom, 3.5-bath residence combines the comfort of a large shore home with the flexibility of a proven income-producing property. Multiple covered private decks create inviting outdoor spaces for morning coffee, afternoon shade, or evenings spent enjoying the ocean breeze, while the private balcony off the primary suite captures water views and adds a quiet retreat away from the main living areas. Inside, approximately 2,148 sq ft of living space offers room for gathering, entertaining, and accommodating guests throughout the season. The main living area centers around a gas fireplace and flows into an eat-in kitchen with center island and adjacent dining area, creating an open, functional layout designed for shore living. Interior finishes include vinyl plank flooring, tile, and wall-to-wall carpet, along with a walk-in closet and fully furnished interiors that allow for immediate enjoyment from day one. Additional exterior features include an outdoor shower, storage space for beach gear, a 1.5-car attached garage, and two assigned parking spaces. The co-ownership structure carries no monthly association fee, an increasingly rare advantage for an oceanfront property in Ocean City. Located directly along the beach in Cape May County, this Southend location places you close to some of Ocean City's most desirable stretches of shoreline while offering strong rental appeal. Weekly summer rentals are already in place, with historical annual rental income averaging approximately $110,000&$120,000, making this an exceptional opportunity for both personal enjoyment and investment potential.

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4301-03 CENTRAL AVENUE #1ST FLOOR Facts & Features

  • Type Single Family
  • Sq. ft. 2,148
  • Price/Sq.ft. $1,373

Details

General

Association/HOA

  • Association Amenities: None
  • Association Fee Includes: None
  • Association: No
  • Condo/Coop Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 2148
  • Year Built: 1990

Location/Region

  • Country: US
  • County: CAPE MAY
  • County Or Parish: CAPE MAY
  • MLS Area Major: Ocean City City (20508)
  • Subdivision Name: SOUTHEND/BEACHBLOCK

Parking Information

  • # of Assigned Spaces: 3
  • Total Parking Spaces: 3
  • Type of Parking: Attached Garage,Driveway

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $14,754.00
  • Tax Assessed Value: 1271900.00
  • Tax Year: 2025

General Information

  • Furnished: Yes
  • Historic: No
  • Property Type: Residential
  • School District Name: OCEAN CITY SCHOOLS
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: Yes
  • Year Assessed: 2025
  • Zoning: R2

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage Features: Garage - Front Entry,Garage Door Opener,Inside Access
  • Garage Spaces: 1.00
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Full Main Level: 3
  • Bathrooms Half: 1
  • Bathrooms Half Main Level: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Exterior/Construction

  • Structure Type: Other

Building Interior

  • Above Grade Finished Area: 2148
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas,Tankless
  • Laundry Type: Main Floor,Washer In Unit,Dryer In Unit

General Information

  • Accessibility Features: None
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Freezer, Oven - Self Cleaning, Washer
  • Basement: No
  • Cooling: Central A/C, Ceiling Fan(s), Zoned
  • Entry Level: 1
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Luxury Vinyl Plank
  • Interior Features: Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Primary Bedroom - Ocean Front, Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Bathroom - Jetted Tub, Bathroom - Walk-In Shower
  • Levels: 1
  • Living Area: 2148
  • Living Area Source: Assessor
  • Main Level Bathrooms: 4.00
  • Main Level Bedrooms: 5
  • Rooms Total: 12
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector
  • Spa: No

Unit Information

  • Unit Number: 1ST FLOOR

Exterior

Parking Information

  • Parking Features: Assigned, Concrete Driveway, Private

Lot Information

  • Additional Parcels: No
  • Lot Dimensions Source: Estimated
  • Lot Features: Bulkheaded, Corner, Flood Plain, Level, Road Frontage, SideYard(s), Rear Yard, Front Yard
  • Lot Size Dimensions: 50.00 x 100.00
  • Road Responsibility: City/County
  • Road Surface Type: Black Top
  • Water Source: Public

Waterfront/View

  • View: Ocean, Water
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Oriented: Yes
  • Water View: Yes
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Coastal
  • Construction Materials: Vinyl Siding
  • Direction Faces: West
  • Roof: Asphalt

General Information

  • Exterior Features: Exterior Lighting, Street Lights, Underground Lawn Sprinkler, Outside Shower, Sidewalks
  • Fencing: Vinyl, Partially
  • Horse: No
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: Yes

4301-03 CENTRAL AVENUE #1ST FLOOR Neighborhood

Community

08226 (OCEAN CITY) Demographics

57
Median Age
863
Population Density (per sq. mile)
60%
College Educated
$87,060
Estimated Median Income
3,696
Estimated Total Home Owners
1,507
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

4301-03 CENTRAL AVENUE #1ST FLOOR Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4301-03 CENTRAL AVENUE #1ST FLOOR Market Data

Based on the last 30 days in this zip code

$1,839,987
Average List Price
$1,140
Average Price per Square Foot
7
Properties Sold
90
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

4301-03 CENTRAL AVENUE #1ST FLOOR History

Date Event Value Agent
6/3/2026Source: BRIGHT MLS Price Reduction
$2,950,000 -1.6%
Brian Logue
Listing Agent
5/8/2026Source: BRIGHT MLS Status Change
ACTIVE
Brian Logue
Listing Agent
5/7/2026Source: BRIGHT MLS Added to Database
May 07, 2026
Brian Logue
Listing Agent
Listing provided courtesy of BHHS Fox & Roach 9th Street-Ocean City- MLS# NJCM2007256MLS ProviderContact Information: [email protected] - 6093990041