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    728 Asbury Ave Ocean City, NJ 08226

    For Sale
    $1,100,000

    Other - Ocean City, NJ

    Property size:
    4,988 SF
    Days on Market:
    20
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 728 Asbury Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    mixed use
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    Patio and Porch features
    Deck
    EntryLevel
    Lower,Upper
    Exterior features
    Deck, Sidewalks
    Size
    4,988 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1925
    Number of units
    3

    Keller Williams Realty Atlantic Shore (609) 839-7904 [email protected]

    Listing agent Priscilla Easmael (609) 484-9890 License #2293869

    Listing date Nov 24, 2025

    MLS# 594487 Listing URL

    Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Development Opportunity on Asbury

    This mixed-use property on Asbury Avenue in Ocean City presents a development opportunity. The project is shovel-ready with city-approved plans. The property is planned for transformation into a dynamic space. The plans include two residential living units, one with 1800 square feet and the other with 1700 square feet. These units are suitable for vacationers or year-round residents. The property also features a ground-level commercial space of 1600 square feet, ideal for retail or restaurant use. A shared rooftop deck is planned, offering views and outdoor space for residents and tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Virtue Opioid Detox ... Counselor

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.574341
    Latitude
    39.280697

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with approved plans in the heart of Ocean City.
    Where is this mixed-use property located?
    The property is located at 728 Asbury Ave Ocean City, NJ.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Shovel-ready mixed-use development opportunity on Asbury Ave.; - City-approved plans included for two residential units (1800 sq ft & 1700 sq ft) and a ground-level commercial space (1600 sq ft).; - Shared rooftop deck with expansive views.
    (609) 484-9890
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    728 Asbury Ave Ocean City, NJ 08226
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    Ocean City, NJ 08226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    728 Asbury Ave Ocean City, NJ 08226
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