




4301 Central Ave Floor 1, Ocean City, NJ, 08226
About This Home
Oceanfront Southend location • 5 bedrooms • Covered private decks • Ocean view primary suite • No HOA • Fully furnished • Proven rental income Wake up to the sound of the ocean and enjoy coastal living from this first-floor oceanfront condo at 4301 Central Ave in Ocean City’s sought-after Southend. Positioned on the corner of 43rd Street and Central Avenue, this spacious 5-bedroom, 3.5-bath residence combines the comfort of a large shore home with the flexibility of a proven income-producing property. Multiple covered private decks create inviting outdoor spaces for morning coffee, afternoon shade, or evenings spent enjoying the ocean breeze, while the private balcony off the primary suite captures water views and adds a quiet retreat away from the main living areas. Inside, approximately 2,148 sq ft of living space offers room for gathering, entertaining, and accommodating guests throughout the season. The main living area centers around a gas fireplace and flows into an eat-in kitchen with center island and adjacent dining area, creating an open, functional layout designed for shore living. Interior finishes include vinyl plank flooring, tile, and wall-to-wall carpet, along with a walk-in closet and fully furnished interiors that allow for immediate enjoyment from day one. Additional exterior features include an outdoor shower, storage space for beach gear, a 1.5-car attached garage, and two assigned parking spaces. The co-ownership structure carries no monthly association fee, an increasingly rare advantage for an oceanfront property in Ocean City. Located directly along the beach in Cape May County, this Southend location places you close to some of Ocean City’s most desirable stretches of shoreline while offering strong rental appeal. Weekly summer rentals are already in place, with historical annual rental income averaging approximately $110,000–$120,000, making this an exceptional opportunity for both personal enjoyment and investment potential.
Getting Around
Schools
Construction
Condition
- Year built: 1990
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Range,Self Cleaning Oven,Microwave,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
Features
- Window features: Blinds
- Fireplace: Yes
- Common walls with other units/homes: No One Below
Heating & Cooling
- Heating features: Natural Gas,Forced Air,Fireplace(s)
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total interior livable area: 2,148 sqft
Property
Features
- Levels: One
- Entry location: First Floor
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water View
- On waterfront: Yes
- Waterfront features: Beach Front,Waterfront
Lot
- Features: Corner Lot,Island
Parking
- Total spaces: 3
- Parking features: Garage Door Opener,Garage,Parking Pad,3 Car,Attached,Assigned,Concrete
- Has garage: Yes
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Inland Flooding
- Strong Wind
- Hurricane
- Wildfire
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,916 | $178,992 |
| Home Insurance * | $603 | $7,236 |
| Property Taxes | $2,286 | $27,432 |
| Electricity | $236 | $2,841 |
| Total | $18,041 | $216,492 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $2,999,000 |
| 2018-03-23 | Sold | $1,200,000 |
For Sale by Agent
