Mixed-Use Building with
New
For Sale
$1,599,000
1020 Asbury Ave, Ocean City, NJ 08226
COMMERCIAL/INDUSTRIAL, Ocean City, NJ
Property SizeContact for details
Days on Market1
Property Features for 1020 Asbury Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Laundry Room
Parking features
Assigned
Security features
Security System
Interior features
Restroom, Security System, Storage
Exterior features
Dock/Pier/Slip, Sign
Lot features
Boardwalk, Business District, Boardwalk Area
Directions
1020 Asbury Ave
Subdivision
Ocean City/Central
Standard status
Active
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
4200
Tax Annual Amount
2025
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Zoned, Central Air, Ceiling Fan(s)
Water source
Public
Water front
1
Building Details
Year built
1924
Number of units
3
Flooring type
Slab, Concrete, Hardwood
Roof type
Asphalt
Additional Structures
Storage
Buildings
1
Listing Agency:
BHHS FOX and ROACH-Simpson OC
(609) 399-0041
Listed By:
ROBERT IDELL
(856) 207-1670
Added: Oct 28
Last Checked: Oct 28 at 10:06PM
MLS# 613290
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This three-story mixed-use property at 1020 Asbury Ave. pairs ground-floor commercial space with two residential units. The second-floor residence has 4 bedrooms and 1 full bath; the third-floor unit offers 3 bedrooms and 1 full bath. Both residences have been remodeled, are furnished, and include private in-unit laundry. Each of the three units has one assigned parking space, and all are to be delivered vacant at settlement.
The property sits at 10th Street and Asbury Avenue in downtown Ocean City, near shops, restaurants and downtown attractions. Boardwalk attractions and beaches are within walking distance. The combination of commercial space, two residences and on-site assigned parking defines the property's mixed-use layout.
The property sits at 10th Street and Asbury Avenue in downtown Ocean City, near shops, restaurants and downtown attractions. Boardwalk attractions and beaches are within walking distance. The combination of commercial space, two residences and on-site assigned parking defines the property's mixed-use layout.
Key Highlights
- Three‑story mixed‑use property with ground‑floor commercial space and two residences
- Second‑floor unit has 4 bedrooms and 1 full bath
- Third‑floor unit has 3 bedrooms and 1 full bath
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,612
Businesses Nearby
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Business Placement
Demographics for 08226, NJ
11,229
Population
20,905
Households
0.5
Avg Household Size
57
Median Age
55%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
1,651
Density / Sq Mi
$101,782
Median Household Income
$54,323
Median Earnings
$1,670
Median Rent
$719,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three levels combine ground-floor commercial space with two updated, furnished residences above.
Where is this mixed-use property located?
The property is located at 1020 Asbury Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Three‑story mixed‑use property with ground‑floor commercial space and two residences; Second‑floor unit has 4 bedrooms and 1 full bath; Third‑floor unit has 3 bedrooms and 1 full bath
