1101 Asbury Ave Ocean City, NJ $ 1,995,000
1101 Asbury Ave
$ 1,995,000
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1101 Asbury Ave

Ocean City, NJ, 08226
$ 1,995,000
Baths4.0

Monthly Estimate*

$ 13,259

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Studio

Commercial Property for sale in Ocean City, NJ

for $1,995,000 with 4 full baths. This building was built in 1903.

Turn-of-the-Century 4-story building is situated on a corner, only a short walk to the beach and boardwalk. The 3-story, 6 plus bedroom, 4 bath upper cottage boasts 2808 sq. ft. and a huge wrap around deck with main entrance off 11th Street to a grand foyer, that opens through the original double doors to the spacious living room, adjoined by a dining room with double doors into a huge fully equipped kitchen, plus an office/den and full bath. The upper 2 floors feature 6 bedrooms, 3 baths and additional living area. The ground floor retail space and storage area are currently occupied by a kayak and paddleboard store and is approximately 1800 sq. ft. The property offers loads of off-street parking and a lovely landscaped sitting area with a firepit to relax after a long day at the beach. Call today to schedule an appointment to view this amazing property in the heart of Ocean City’s downtown.

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Commercial Pending

Price

$ 1,995,000

Bedrooms

Studio

Full Bath

4

Property Type

Commercial

Taxes

$ 4,836

Style

Comm. w/Apartments

Year Built

1903

Town/City

Ocean City

County/Region

Cape May

MLS | Web ID

579285

Features
General
Water Public
Sewer Public Sewer
Heating Baseboard Gas-Natural Hot Water Radiator
Status Under Contract Under Contract
Year Built 1903
Parking 6 to 10 Spaces Off Street
Style Comm. w/Apartments Other (See Remarks)
Class COMMERCIAL/INDUSTRIAL
Tax Year 2023
Roof Asphalt Flat Pitched
Waterfront No
Area Ocean City/Central
Location Boardwalk Area Business District Corner
Taxes 4836
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Interior
Basement Slab
Flooring Carpet-Partial Hardwood Slab
# of Units 2
Hot Water Gas
Stories 4
Interior Features 220 Volt Electricity Display Windows Living Space Available Restroom Smoke/Fire Alarm Storage
Specialty Rooms Laundry Room Shower Room(s) Utility Room
# of Elevators 0
Air Conditioning Wall Units Window Units
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Exterior
Lot 12
Number of Buildings 1
Lot Dimensions 70' x 75'
Exterior Features Fence See Remarks Sign
Exterior/Siding Block Brick Face Vinyl
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* Excluded Features
List By
Goldcoast Sotheby's International Realty

Broker

Affordability Calculator

$13,662
Per Month
97%
3%
0%
Monthly Principal & Interest
$13,259
Monthly Property Taxes
$403
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$1,995,000 -7.21% Price Down
11/1/2023$2,150,000 Listed Price

Map


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1101 Asbury Ave, Ocean City, NJ, 08226 is a Commercial Property for sale at $1,995,000. 1101 Asbury Ave is a studio with 4.0 baths and was built in 1903. The property's zip code is 08226 which is in Ocean City, NJ