846 Central Ave

Ocean City, NJ 08226

$999,900
Price
Beds
Baths
2,424 Sq. Ft.
$413 / Sq. Ft.
2,424
Sq. Ft.
$413
per Sq. Ft.

Description

Prime Mixed-Use Duplex Opportunity in the Heart of Ocean City, NJ! Located on the most prime corner in America’s Greatest Family Resort, this high-exposure corner property is located right behind City Hall and sits on the gateway through downtown on 9th Street, the main artery leading to the boardwalk and beach. The commercial space is rented year to year ($3,500 per mo. + utilities) complete with restaurant equipment, large walk-in, central air, and coveted outdoor dining. (furniture is owned by...Prime Mixed-Use Duplex Opportunity in the Heart of Ocean City, NJ! Located on the most prime corner in America’s Greatest Family Resort, this high-exposure corner property is located right behind City Hall and sits on the gateway through downtown on 9th Street, the main artery leading to the boardwalk and beach. The commercial space is rented year to year ($3,500 per mo. + utilities) complete with restaurant equipment, large walk-in, central air, and coveted outdoor dining. (furniture is owned by the restaurant owners) Above, is a very spacious two-story, 2-bedroom, 1.5-bath townhome apartment offering a great income producing rental, or have for personal use. This unit comes fully furnished and equipped featuring a spacious open layout, large dining room, and a fantastic porch overlooking 9th & Central, central air, and gas heat. There are currently 3 weeks booked from late June to mid July for $7k. Whether you’re an investor seeking prime rental income or an entrepreneur looking for unmatched downtown visibility, this property delivers. Don’t miss this rare chance to own a cornerstone of Ocean City’s bustling downtown!
  1. Listed by JEFFREY QUINTIN • eXp Realty - Ocean City S382K

Property Details for 846 Central Avenue

City/Community
Ocean City
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No
LISTING UPDATED: 04/21/2025 12:09 PM

Property Details for 846 Central Avenue

StatusUnder Contract
MLS #595025
Days on Market9
Taxes$3,916 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1903
Lot Size0.03 AC / 1,512 SF
CountyCape May County

Location

Listing Courtesy of eXp Realty - Ocean City S382K
Add your commute

Building Information for 846 Central Avenue

Stories-Residences1Year Built1903Building Size-Lot Size0.03 AC / 1,512 SF

Payment Calculator

$5,565 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,239

Property Taxes

$326

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 846 Central Avenue

Summary
Location and General Information
  • Address: 846 Central Ave
  • Address Number: 846
  • Address Search Number: 846
  • Address Street: Central
  • Area: Ocean City/Central
  • County: Cape May
  • Directions: 9th St. to the north west corner of Central Ave
  • Fips Code: 34009
  • State: NJ
  • Street Designation: Ave
  • Zip: 08226
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 04-09-2025
  • Tax Year: 2024
  • Taxes: 3916
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 2424
  • Block #: 806
  • Lot #: 23
  • Lot Dimensions: 27x56
Property and Assessments
  • Also Includes: Furnished
  • Associated Document Count: 1
  • Doc Timestamp: 04-12-2025
  • Improved Value: $167,600
  • Land Value: $181,400
  • Property Id: 08-00806-0000-00023
  • Total Assessment: 349000
  • Water: Public
  • Year Built: 1903
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Outside Features: Deck, Patio
  • Siding/Exterior: Vinyl
Interior Features
  • Heating: Gas-Natural
Multi Family
Multi-Family Information
  • Annual Taxes: 3916
  • Limited Service (Y/N): No
  • Number Of Units: 1

Property History for 846 Central Avenue

DateEvent & SourcePriceAppreciation
Apr 18, 2025

Pending

SJSRMLS #595025

Apr 9, 2025

Listed (Active)

SJSRMLS #595025

$999,900
May 3, 2023

Temp Off Market

SJSRMLS #570841

$799,000
May 3, 2023

Pending

SJSRMLS #570841

Feb 3, 2023

Listed (Active)

SJSRMLS #570841

$799,000
Jul 1, 2020

Expired

SJSRMLS #532100

$699,900
Jan 7, 2020

Listed (Active)

SJSRMLS #532100

$699,900
DateEvent & SourcePrice
04/18/2025

Pending

SJSRMLS #595025

04/09/2025

Listed (Active)

SJSRMLS #595025

$999,900
05/03/2023

Temp Off Market

SJSRMLS #570841

$799,000
05/03/2023

Pending

SJSRMLS #570841

02/03/2023

Listed (Active)

SJSRMLS #570841

$799,000
07/01/2020

Expired

SJSRMLS #532100

$699,900
01/07/2020

Listed (Active)

SJSRMLS #532100

$699,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 846 Central Avenue

Taxable ValueLand$181,400Additions$167,600Total$349,000
Tax Record2023$3,738 ($311 / month)
Home Facts
Total Finished SqFt2,424 SqFtAbove Grade Finished SqFt2,424 SqFtStories3Lot Size1,512 SqFtStyleMiscellaneous CommercialYear Built1903ZoningCB2CountyCAPE MAYAPN08 00806-0000-00023

Schools near 846 Central Avenue

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

St. Augustine Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of eXp Realty - Ocean City S382K

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.