648-650 Asbury Ave Ocean City, NJ $ 1,525,000
648-650 Asbury Ave
$ 1,525,000
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648-650 Asbury Ave

Ocean City, NJ, 08226
$ 1,525,000
Bedrooms6 Baths3.0 Sq 3,332

Monthly Estimate*

$ 9,629

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Multi-Family Home for sale in Ocean City, NJ

for $1,525,000 with 6 bedrooms and 3 full baths. This 3,332 square foot home was built in 1920.

Rarely does a property check every box — this one does. Half a mile to the beach and boardwalk, with an elevated front deck that puts you above the crowd for downtown Ocean City's parades and events throughout the year — a front-row seat instead of standing shoulder-to-shoulder on the sidewalk — plus easy access to the farmer's market and everything else that makes summer and year round living here what it is. The location alone is hard to beat. Built in 1920, this home's historic character shows in every original built-in, the rich carpentry throughout, and the stained glass windows that new construction simply can't replicate. But step inside and this is no time capsule — thoughtful touches like new stucco and masonry and a new front door and storm door keep it feeling well cared for today. This is a genuine two-in-one: the main home (5 bed / 2 bath) sits above a fully separate ground-floor unit (2 bed / 1 bath) — ideal as an income-producing rental, in-law suite, or private home office. A spacious top floor (currently used for storage) already feels like finished living space with a fully functioning sauna and real potential to become 1-2 additional bedrooms and a full bathroom. The ground floor also hosts a large storage room that's tough to find. and a fully functioning sauna already in place. A personal elevator runs from ground level just off the driveway to the main living floor, and with a first-floor primary bedroom in the main home, this property offers a level of accessibility that's hard to find. Then there's the parking: 3 off-street spots — a genuine rarity in a town where parking is a daily struggle, but not here. 3,332 sq ft on a 30x100 lot. Flexible, income-ready, walkable to everything - you won't find another one like this. Schedule your showing today.

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Multi-Family Active

Price

$ 1,525,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Year Built

1920

Town/City

Ocean City

County/Region

Cape May

MLS | Web ID

611056

Features
Exterior
Exterior Vinyl
Driveway Concrete
Lot 12
Lot Dimensions 30 x 100
Separate Meters Electric Gas Cable TV
Storms/Screens Screens
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General
Water Public
Sewer Public Sewer
Heating Gas-Natural
Appliances Disposal Dishwasher Gas Stove Microwave Refrigerator Self Cleaning Oven
Status Active Active
Year Built 1920
Other Rooms Dining Area Kitchen Laundry/Utility Rm Living Room Pantry Storage Attic
Water Heater Gas
Class MULTI-FAMILY
Type Duplex
Tax Year 2025
Garage None
Status Detail 0
Waterfront No
Area Ocean City/Central
Location See Remarks
Taxes 5819
Adult Community/55+: Y/N 0
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Interior
Basement Slab
# of Units 2
# of 2 Bedroom Units 1
Air Conditioning Ceiling Fan(s) Electric Wall Units
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* Excluded Features
List By
Exp Realty - Montclair

Broker

Affordability Calculator

$9,629
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,629
Monthly Property Taxes
--
Monthly Home Insurance
--
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
8/20/2026$1,525,000 Listed Price

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648-650 Asbury Ave, Ocean City, NJ, 08226 is a Multi-Family Home for sale at $1,525,000 with 3,332 sqft. 648-650 Asbury Ave has 6 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 08226 which is in Ocean City, NJ