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1020 Asbury Ave, Ocean City, NJ 08226

Ocean City
Local realty services provided by:CENTURY 21 Rauh & Johns
1020 Asbury Ave,Ocean City, NJ 08226
$1,599,000
  • - Beds
  • - Baths
  • 3,382 sq. ft.
  • Multi-family
  • Active
Listed by: robert idell
Office: bhhs fox and roach-simpson oc
MLS#:613258
Source:NJ_SJSRMLS

Price summary

  • Price:$1,599,000
  • Price per sq. ft.:$472.8

About this home

PRIME DOWNTOWN OCEAN CITY INVESTMENT OPPORTUNITY! Located in the heart of Ocean City at 10th Street and Asbury Avenue, this versatile three-story mixed-use property offers endless possibilities for investors, business owners, and owner-occupants alike! The first floor features commercial space in a highly desirable downtown location, ideal for establishing your business or generating rental income. Above, you'll find two beautifully remodeled residential units. The spacious second-floor unit offers 4 bedrooms and 1 full bath, while the third-floor unit features 3 bedrooms and 1 full bath. Both residential units have been tastefully updated, providing attractive options for year-round living, seasonal use, or rental income. ALL THREE UNITS WILL BE DELIVERED VACANT AT SETTLEMENT giving the new owner complete flexibility to occupy, lease, or establish their own rental rates from day one! Live in one unit while generating income from the others, operate your business downstairs, or...

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Home facts

  • Year built:1924
  • Listing ID #:613258
  • Added:1 day(s) ago
  • Updated:October 28, 2026 at 04:30 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Electric Stove, Microwave, Refrigerator
  • Living area:3,382 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central, Multi-Zoned
  • Heating:Forced Air, Gas-Natural

Structure and exterior

  • Year built:1924
  • Building area:3,382 sq. ft.
  • Construction Materials:Vinyl
  • Exterior Features:Curbs, Deck, Patio, Porch, Shed

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,599,000
  • Price per sq. ft.:$472.8
  • Tax amount:$4,200 (2025)

Features and amenities

  • Laundry features:Dryer, Washer

Parking

  • Parking description:Concrete Driveway, One Car, Shared Driveway

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