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    321 Central Ave Ocean City, NJ 08226

    For Sale
    $1,645,000

    Duplex - Ocean City, NJ

    Type:Duplex
    Days on Market:
    135
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 321 Central Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Laundry, Living Room
    Bedrooms
    8
    Bathrooms
    5
    Parking features
    Garage, Garage - Detached
    Patio and Porch features
    Patio, Porch
    Exterior features
    Fenced Yard, Patio, Porch, Sidewalks
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer

    Utilities

    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Multi Units, Window Unit(s)

    Building Details

    Number of units
    2

    Keller Williams Realty Jersey Shore (609) 399-5454 [email protected]

    Listing agent JAMES MURRAY (609) 399-5454 License #0125805

    Listing date Aug 1, 2025

    MLS# 597363 Listing URL

    Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Multi-Unit Ocean City Property

    Located in the desirable north end of Ocean City, NJ, this historic multi-unit property at 321 Central Ave features a 5-bedroom, 3-bathroom single-family home at the front and a 3-bedroom, 1-bathroom second-floor apartment with an in-law suite at the back. The exterior of the house has been professionally painted recently, and new awnings have been installed. Bathrooms have been redone, among other updates received over the past several years. The garage provides ample storage for bikes and beach chairs. The backyard is suitable for barbecues, and the front porch offers shaded space for relaxation. Situated on a tree-lined street in the heart of the historic district, the location allows for an easy walk to downtown Asbury, Ocean City’s boardwalk, and the beach. This property is suitable as a vacation property, primary residence, or investment property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.5677437
    Latitude
    39.2842951

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    FAQs

    What type of property is this?
    Duplex - Multi-unit historic property in desirable Ocean City, NJ. Perfect location!
    Where is this duplex located?
    The property is located at 321 Central Ave Ocean City, NJ.
    What is the asking price?
    The asking price for this property is $1,645,000.
    What are key features of this property?
    This property features: - Desirable North End location in Ocean City, NJ, within the historic district.; - Multi-unit property: a 5-bedroom single-family home and a 3-bedroom apartment with in-law suite.; - Easy walk to downtown Asbury, the boardwalk, and the beach.
    (609) 399-5454
    Request Owner's contact information
    321 Central Ave Ocean City, NJ 08226
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    Ocean City, NJ 08226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 Central Ave Ocean City, NJ 08226
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