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    1414 West Ave, Unit 1 Ocean City, NJ 08226

    New
    For Sale
    $875,000

    First-floor condo near beach with rental income potential.

    Property Features for 1414 West Ave

    General Information

    Interior features
    Interior Feature 1, : "Gas-Natural", "Interior Feature 2": "Forced Air", "Interior Feature 3": "Central", "Interior Feature 4": "Hot Water", "Interior Feature 5": "Ceiling Fan(s)", "Interior Feature 6": "Disposal", "Interior Feature 7": "Dishwasher", "Interior Feature 8": "Dryer", "Interior Feature 9": "Electric Stove", "Interior Feature 10": "Microwave", "Interior Feature 11": "Refrigerator", "Interior Feature 12": "Washer"

    Building Details

    Year built
    2001

    Source: BHHS FOX and ROACH-Washington-Gloucester Agent BHHS FOX and ROACH-Washington-Gloucester

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean City Condo Near Beach

    Located just four blocks from both the beach and boardwalk and the back bay, this first-floor condo is situated in a prime location. The property is conveniently close to shopping, rides, and restaurants, while also being far enough from the boardwalk to offer peace and quiet. The interior features a brightly lit and open living room that seamlessly connects to the kitchen. The condo includes a large, covered front deck suitable for morning coffee and a large back deck for evening relaxation. It offers comfortable bedroom space and two full baths, along with a convenient full-size washer and dryer. An enclosed outdoor shower is also included. The property features a traditional garage with a large closet for extra storage. The condo has been used as a second home by the current owners and has not been rented. The location, layout, and amenities offer excellent rental income potential for an investor, or it can serve as a convenient vacation home for personal use. This low-maintenance condo is move-in ready and suitable for enjoyment in every season.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    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
    -74.5849459
    Latitude
    39.2739821

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    FAQs

    What type of property is this?
    Short term rental property - First-floor condo near beach with rental income potential.
    Where is this short term rental property located?
    The property is located at 1414 West Ave, Unit 1 Ocean City, NJ.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Prime location: 4 blocks to beach/boardwalk and bay, close to amenities, yet peaceful.; - Two large, covered decks: **front deck for morning coffee, back deck for sunset drinks.**; - Two full baths and in-unit full-size washer and dryer.
    Request Owner's contact information
    1414 West Ave, Unit 1 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
    1414 West Ave, Unit 1 Ocean City, NJ 08226
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