Integrated sensing and communication (ISAC) is a main application scenario of the sixth-generation mobile communication systems. Due to the fast-growing number of antennas and subcarriers in cellular systems, the computational complexity of joint azimuth-range-velocity estimation (JARVE) in ISAC systems is extremely high. This paper studies the JARVE problem for a monostatic ISAC system with orthogonal frequency division multiplexing (OFDM) waveform, in which a base station receives the echos of its transmitted cellular OFDM signals to sense multiple targets. The Cramer-Rao bounds are first derived for JARVE. A low-complexity algorithm is further designed for super-resolution JARVE, which utilizes the proposed iterative subspace update scheme and Levenberg-Marquardt optimization method to replace the exhaustive search of spatial spectrum in multiple-signal-classification (MUSIC) algorithm. Finally, with the practical parameters of 5G New Radio, simulation results verify that the proposed algorithm can reduce the computational complexity by three orders of magnitude and two orders of magnitude compared to the existing three-dimensional MUSIC algorithm and estimation-of-signal-parameters-using-rotational-invariance-techniques (ESPRIT) algorithm, respectively, and also improve the estimation performance.