Agent Takes: New OCNJ Property Listings for June 2, 2023

We see the front porch area of a white house in Ocean City, NJ against a clear blue sky.

Listing #1 – 3629 Central Ave Unit 1

Property Features: 3 bedroom, 2 bathroom

The Price: $1,050,000

Agent Hot Take 🔥: 3629 Central is a first-floor residence with three bedrooms and two bathrooms. It occupies a 40 x 100-foot lot, which could accommodate a four-bedroom property. However, it seems that during its construction, the focus was on creating more spacious bedrooms and a living room, resulting in the omission of a fourth bedroom. The remodeling work done on this older home is exquisite, and it maintains an attractive appearance both at the front and back. The location is fantastic, but in my opinion, the price is slightly high. Considering the building’s age and the absence of a garage or carport, I believe it should be priced around $949k, maybe $999k at most. Nevertheless, acquiring it for under a million would be a worthwhile investment, given its potential rental income of approximately $60k per season.

Property Description: BEACH BLOCK Condo in a PRIME LOCATION!! Just steps to the beach, this modern, coastal-designed condo is the perfect beach house for families and investors alike! The 3-bedroom, 2-bath home features new (2020) HVAC, electric, windows, siding, hot water heater, quartz countertops, shiplap, and modern fixtures. Relax on the big front porch where you are so close to the beach that you can hear the waves crashing! This unit is conveniently located near the beloved 34th St. Park and quite a few popular dining establishments. Outstanding rental history with over $55, 000 in rentals booked just between June and August! Offered fully furnished, minus personal exceptions. Other upgrades/improvements include a new washer and dryer, gated porch, roof (2022), new furniture, bathrooms/showers (2022), hot water tanks (2023), curbs and sidewalk (2023) and is freshly painted! Agents: See remarks for showing times and instructions.

Listing #2 – 1326 Central Ave Unit 2

Property Features: 1,968 Sqft, 5 bedrooms, 3 bathrooms

The Price: $1,050,000

Agent Hot Take 🔥: The second floor of this property boasts an impressive five bedrooms, and the price seems reasonable considering the spaciousness it offers. The house appears to be well-maintained on the inside. My thoughts? This would be an absolute rental machine. It’s worth noting that the first floor consists of four bedrooms, resulting in this unit being responsible for 63% of the insurance costs, deviating from the usual 50/50 split. Nevertheless, having an extra bedroom compensates for this difference. One aspect I’m not particularly fond of is the adjacent vacant playground, which can be seen as both a positive and a negative. Personally, I find it to be an eyesore, but on the bright side, it provides some privacy as there are no neighbors on that side of the building. Behind the property, there’s a church, which may cause some Sunday traffic. However, for the right investor, this shouldn’t be a major concern. Hopefully, the vacant spot next door will eventually be developed into something appealing in the future.

Property Description: Looking for a property that a couple of families could purchase together? This beautifully maintained second, and third floor home offers two primary bedrooms and bathrooms and they each have their own private decks as well. This home offers Four large decks to enjoy the front, rear and roof top views! There are 5 bedrooms in total with 3 full baths. There is parking for two cars and the garage offers direct access to the interior so you can pull right in and never get wet via the inside stair access. The HVAC system has been replaced as well as the hot water system. Beautiful wood laminate flooring is available throughout the home along with Berber carpeting in the high traffic stair area and ceramic tile in the Baths. The third-floor Primary bath was recently renovated, and this entire suite and deck is a nice place to recoup from beach time. The second primary suite is also lovely with a private deck, an oversized closet and large bath. There is a great storage room on the first level plus storage in attic space available on the upper level. Of course, there is an outside shower to rinse off before heading in. The 40′ lot affords the larger footprint of living space with the total square footage estimated at just under 2, 000 sq. ft. The main living space features an open floor plan with great space to entertain and a nice flow for traffic. The covered front porch extends the entire width of the home and is one of the great gathering spaces in this home for exterior space. Too windy to lay out on the beach? Then a quick trip to the rooftop deck will give you a quiet place to soak in the sun (wear sunscreen) and avoid the sand in your teeth. It offers a great 360 view of the wonderful Ocean City skyline too. And of course, you are within easy walking distance to the Beach, Boardwalk and Asbury Ave shops and restaurants. Make now the time to get your families or friends to check off that bucket list goal of the place at the shore!

Stay in the know about real estate in America's Greatest Family Resort 😎

Join the owners, agents, buyers, sellers, and renters who subscribe for FREE and get our weekly newsletter on what you must know in Ocean City, NJ real estate.

Leave a Reply

Your email address will not be published. Required fields are marked *