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Mixed-Use Building with Apartment
New
For Sale
$1,399,000

340 Ocean Ave, Ocean City, NJ 08226

COMMERCIAL/INDUSTRIAL, Ocean City, NJ

Property SizeContact for details
Days on Market4

Property Features for 340 Ocean Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning R2
Rooms Utility Room, Laundry Room
Parking features Off Street
Security features Security System, Security Lighting
Interior features Living Space Available, Security System, Smoke/Fire Alarm, Storage
Exterior features Security Light/System, Sign
Lot features Corner, Historical District
Directions 9th Street bridge, left on Ocean Ave to 338 Ocean. Building on left.
Subdivision Ocean City/Northend
Standard status Active

Site & Location

Corner Location Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8852

Utilities

Sewer type Public Sewer
Heating system Forced Air, Zoned, Electric (Heating), Natural Gas
Cooling system Central Air, Zoned, Gas (Cooling), Ceiling Fan(s)
Water source Public

Amenities

deck

Building Details

Number of units 2
Flooring type Hardwood, Concrete, Slab
Roof type Asphalt
Additional Structures Storage
Buildings 1
Listing Agency: Keller Williams Realty Jersey Shore - Ocean City
Listed By: JAMES MURRAY · License #0125805
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 1 at 8:06PM
MLS# 613326

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.

Rey
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Investment Insights

Based on property information with market context.

A rebuilt corner property combines a first-floor commercial space with an updated three-bedroom apartment on the upper level. The commercial area has a take-out window and outdoor café seating, while the apartment includes a deck. The property is delivered vacant.

The building is on Ocean Ave in Ocean City, near the beach and boardwalk. R2 zoning is reported for the property.

Key Highlights

  • First‑floor commercial space with take‑out window and outdoor café seating
  • Updated three‑bedroom apartment with a deck
  • Rebuilt corner building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Home Appliance Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,347
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Kilwin's Dining
1,025 visits/mo 0.4 miles
PrimoHoagies Dining
845 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space includes a take-out window and outdoor seating, with a three-bedroom residence above.
Where is this mixed-use property located?
The property is located at 340 Ocean Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: First‑floor commercial space with take‑out window and outdoor café seating; Updated three‑bedroom apartment with a deck; Rebuilt corner building
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