2 months on rocket

1940-42 Asbury Ave, Ocean City, NJ, 08226

$1,670,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,288 SqFt
$730/SqFt
Multi

Location

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1940-42 Asbury Ave, Ocean City$1,670,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingTwo Car
Year Built1984
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
MLS #590156
StatusActive

About 1940-42 Asbury Ave

Secure your spot right along Asbury Avenue! This building with 3 bedrooms and 2 baths on each floor awaits its next homeowner as the original owners are looking to hand the property off to its next keeper. This property features spacious front porches, rear deck on second floor, a great room with living, dining, & kitchen space, and bedroom and bath space for your guests on each floor. Building is being sold furnished and equipped as seen! There is laundry inside the units as well! Outside you will find an outdoor shower & parking spot for each floor and HVAC room for first floor and storage room for second floor!

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Living Area: 2,288 SqFt

Listing Office:

  • Office Name: MARR AGENCY
  • Office Phone: (609) 399-7036

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Two Car

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Bay Side of Asbury Ave between 19th & 20th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,670,000
  • Price Per SqFt: $730/SqFt
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

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Ocean City, NJ

City

Med. Sold Price

$915.8K

Med. Price/SqFt

$692

Avg. Days On Market

74

# of Sold Homes

33

1940-42 Asbury Ave vs Ocean City

60 DAYS ON ROCKET

-14 Days

$1,670,000

+$754.2K More

$730/SqFt

+$38 More

KEY TAKEAWAY

This property is $754.2K more than the Median Sold Price and $38/SqFt more than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #590156

Listing Office:

  • Office Name: MARR AGENCY
  • Office Phone: (609) 399-7036

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,402

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,073

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4489710
5
/10

  • Upper Township Elementary School

  • 50 N Old Tuckahoe Rd

  • 3.48 miles

  • Public District Grades 3-5

school-card-donut-4489711
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 5.67 miles

  • Public District Grades PK-3

school-card-donut-4489712
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 7.70 miles

  • Public District Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,000. The majority of Ocean City, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›1940-42 Asbury Ave

This home is located at 1940-42 Asbury Ave in Ocean City, NJ and zip code 08226. This 2,288 square foot home was built in 1984. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $1,670,000.

While more than 5 listings in Ocean City, NJ in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 20 were sold below. The number of listings in Ocean City, NJ decreased by 9.3% between October 2024 and November 2024. In November 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $915,800.

From Rocket Homes Real Estate and based on county public records data.

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