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Residential Income Property with Ocean Views
For Sale
$1,799,000

1236 Ocean Ave, Ocean City, NJ 08226

CONDOMINIUM, Duplex, Ocean City, NJ

Property SizeContact for details
Days on Market10

Property Features for 1236 Ocean Ave

General Information

Property type Residential
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Dining Room, Bathroom 2, Bedroom 2, Bathroom 1
Pets allowed Yes
Fireplace 1
Appliances Dishwasher, Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Lot features Beach Block, Corner, Boardwalk Area, Water View
Directions South on Ocean to the corner of 13th and Ocean. Property on the right
Subdivision Ocean City/Central
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7622

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

wrap around deck
private master BR deck
gas heat
central air
indoor shower room
granite counters
stainless steel appliances
new lvp flooring and carpet
new led lighting
freshly painted
new ceiling fans
new bathroom vanities and fixtures

Building Details

Year built 2003
Architectural style Other
Listing Agency: BERGER REALTY-A
Listed By: JAMES MONTELEONE
Added: Sep 28 Changed: Oct 4 Last Checked: Oct 7 at 12:06AM
MLS# 612323

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This corner condominium occupies the second and third floors and contains 4 bedrooms and 3 full bathrooms, including 2 primary suites. The completed renovation is dated May 2026. Interior features include granite counters, stainless steel appliances, new LVP flooring and carpet, updated bathroom vanities and fixtures, LED lighting, and fresh paint. Gas forced-air heat and central air conditioning serve the residence; the building dates to 2003.

The property is on the beach block with unobstructed ocean views. Outdoor areas include a large wraparound deck and a private deck off the primary bedroom. Parking includes a private garage with interior access, plus a separate space; an indoor shower room is also provided.

Key Highlights

  • Four‑bedroom, three‑full‑bath corner condominium spanning the second and third floors
  • Two primary suites
  • Unobstructed ocean views from the beach block

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Big Box & Wholesale Store Catering Service Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,398
Businesses Nearby

Demographics for 08226, NJ

11,229
Population
20,905
Households
0.5
Avg Household Size
57
Median Age
55%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
1,651
Density / Sq Mi
$101,782
Median Household Income
$54,323
Median Earnings
$1,670
Median Rent
$719,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - A corner condominium combines private outdoor areas with garage access and a separate parking space.
Where is this residential income property located?
The property is located at 1236 Ocean Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Four‑bedroom, three‑full‑bath corner condominium spanning the second and third floors; Two primary suites; Unobstructed ocean views from the beach block
More about this property
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