3701 Central Ave Ocean City, NJ $ 3,875,000
3701 Central Ave
$ 3,875,000
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3701 Central Ave

Ocean City, NJ, 08226
$ 3,875,000
Bedrooms4 Baths6.0 Sq 4,718

Monthly Estimate*

$ 24,467

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Multi-Family Home for sale in Ocean City, NJ

for $3,875,000 with 4 bedrooms and 6 full baths. This 4,718 square foot home was built in 1950.

Just three houses from the beach in the heart of Ocean City's most coveted neighborhood. 3701 Central is a massive 4,718-square-foot multi-family residence and is a versatile coastal asset with layers of potential, all steps from the sand. This isn't just a beach house — it's a short stroll to the surf. Currently configured as a functional 2-family home, the property features a large first-level 4 bedroom 3 full bath unit with substantial rental history and a sprawling 5 bedroom two-story unit above, offering abundant outdoor space for breathing in the salt air and seeing the ocean from just about every angle and level. Step inside to find a thoughtfully designed and recently renovated interior. The spacious kitchen and loving spaces serve as the home's social hub, perfect for those slow summer mornings before a quick walk to the beach or hosting the whole crew after a day on the sand. The rooftop deck will prove to be the premier amenity of the residence and favorite space of each generation of family whom visits it. There are two distinct paths for the next owner here. For many, this is the ultimate "legacy property". A rare chance to acquire a substantial home just steps to the beach that keeps the whole family under one roof for generations to come. It's a place where traditions are born and the Jersey Shore lifestyle is lived to its fullest, with the ocean practically at your doorstep. However, for those with an eye on the future market, the site's redevelopment potential is undeniable. Situated on a prime lot just three houses from the beach, it's a perfect candidate for a luxury two-unit condominium project, mirroring the luxury development transforming the surrounding blocks. Or, you might choose to clear the way for a grand, estate-style single-family masterpiece in one of the island's most walkable-to-beach locations. Whether you're looking to preserve a family legacy or build something brand new, 3701 Central Ave offers a location that simply are simply rare to become available. A canvas waiting for your vision, three houses from the beach. Reach out today to schedule a private showing and see the possibilities for yourself.

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Multi-Family Active

Price

$ 3,875,000

Bedrooms

4

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Year Built

1950

Town/City

Ocean City

County/Region

Cape May

MLS | Web ID

610478

Features
Exterior
Exterior Cedar
Driveway Concrete
Lot 12
Lot Dimensions 50x100
Separate Meters Electric Gas
Storms/Screens Combination
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General
Water Public
Sewer Public Sewer
Heating Forced Air Gas-Natural
Appliances Dishwasher Dryer Electric Stove Refrigerator Washer
Status Active Active
Year Built 1950
Other Rooms Dining Area Dining Room Eat In Kitchen Laundry/Utility Rm Living Room
Water Heater Gas
Class MULTI-FAMILY
Type Duplex
Tax Year 2025
Garage None
Status Detail 0
Waterfront No
Area Ocean City/Southend
Location Beach Block Water View
Taxes 14253
Adult Community/55+: Y/N 0
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Interior
Basement Crawl Space
# of Units 2
Air Conditioning Central
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* Excluded Features
List By
Compass New Jersey-Ocean City (O463e)

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$24,467
Per Month
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Monthly Principal & Interest
$24,467
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$3,875,000 Listed Price

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3701 Central Ave, Ocean City, NJ, 08226 is a Multi-Family Home for sale at $3,875,000 with 4,718 sqft. 3701 Central Ave has 4 bedrooms, 6.0 baths, and was built in 1950. The property's zip code is 08226 which is in Ocean City, NJ