5 months on rocket

5245 Central Ave Unit 1, Ocean City, NJ, 08226

$3,800,000

4 Bedrooms
3 Full Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingTwo Car
Garage1 space
HeatingNatural Gas
CoolingCentral Air
WaterfrontOcean Front
FireplaceBuilt-In, Family Room, Gas Log
ViewOcean, Water
MLS #580347
StatusActive

About 5245 Central Ave Unit 1

Premier corner beachfront home! This one of a kind, custom built property, is truly spectacular. This home features hardwood throughout, elevator, wolf range, stove, and microwave. 5245 has quartz and granite throughout, Electrolux washer and dryer, wine cooler, ice maker, custom tile bathrooms, Anderson doors and windows, wrap around decks with red wood ceilings, custom shared bonus room, fire pit, and private garage! You can listen to music on the front deck while staring at the ocean and feeling the breeze after a fabulous day at the beach!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Stories: 2

Listing Office:

  • Office Name: BERGER REALTY-A
  • Office Phone: (609) 399-4211

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Hardwood
  • Interior: Elevator, Kitchen Island, Master Bath
  • Fireplace: Built-In, Family Room, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean, Water
  • Exterior: Deck/Porch, Elevator, Enclosed/Covered Porch, Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Parking: Two Car

Virtual/3D Tour

  • Virtual Tour: 5245 Central Ave Unit 1

Virtual Tour

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Ocean City High School, Public District Grades 9-12
  • Ocean City Intermediate School, Public District Grades 4-8

Other

Directions Information:

  • Directions: Over 34th Street bridge make a right on Central to 5245.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,800,000

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

Med. Sold Price

$979K

Med. Price/SqFt

$688

Avg. Days On Market

66

# of Sold Homes

49

5245 Central Ave Unit 1 vs Ocean City

160 DAYS ON ROCKET

+94 Days

$3,800,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #580347

Listing Office:

  • Office Name: BERGER REALTY-A
  • Office Phone: (609) 399-4211

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 12:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$19K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.4K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2521304
4
/10
  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 3.65 miles

  • Public District Grades 4-8

High School

school-card-donut-2521305
7
/10
  • Ocean City High School

  • 501 Atlantic Ave

  • 5.01 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,838. Residents of Ocean City, NJ typically earn less than $35k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5245 Central Ave Unit 1

What is the listing price of this property?

The listing price of 5245 Central Ave Unit 1 property is $3,800,000.

What type of property is this?

The property 5245 Central Ave Unit 1 is a condo located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 5245 Central Ave Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5245 Central Ave Unit 1 are:
Ocean City Intermediate School: GreatSchools Rating 4/10
Ocean City High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 5245 Central Ave Unit 1 has 4 bedrooms and 3 bathrooms.
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Rocket Homes›New Jersey›Cape May County›Ocean City›08226›5245 Central Ave Unit 1

This home is located at 5245 Central Ave Unit 1 in Ocean City, NJ and zip code 08226. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $3,800,000.

In April 2024 more than 5 listings in Ocean City, NJ were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 28 were sold below. The number of homes for sale in Ocean City, NJ increased by 4.3% between March 2024 and April 2024. Listings spent 66 days on the market in April 2024, and had a median list price of $979,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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