$1,595,000
$104K PRICE DROP

226 Asbury Ave Ocean City, NJ 08226

Estimated payment $9,352/month

Total Views 4,597
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Spa
  • 1.5 Car Detached Garage
  • Living Room
  • Ocean City Primary School Rated A
  • Eat-In Kitchen
  • Laundry Room

About This Home

**You must see this home to appreciate**Have a large family? Looking for a multi-unit investment property? Wishing you could find the perfect home for year round living or to spend your summers at the beach? Then don't miss this super RARE, MULTI-UNIT property featuring two separate units. Located in the desirable North End of Ocean City, NJ this property provides the best of both worlds with Classic OC charm paired with modern amenities. The 3 bedroom, 3 bathroom 2-story home in the front of the property was completely renovated down to the studs about 12 years ago and the 2 bedroom, 1.5 bathroom detached unit in the back of the property was completely rebuilt from the ground up just a few years ago. The front unit has a great enclosed sun porch, master bedroom w/ walk-in closet and private bathroom, and a large kitchen/dining area. The rear unit has a spacious living room, compact kitchen, spacious bedrooms, and tons of natural light. The garage is the perfect game room/hangout spot for after the beach or use the space to park and charge your electric car with the built in high output car charger. The property is also equipped with leased top of the line Solar panels that can easily be transferred to the new owners saving you $$ every month on your electric bill. Between the units there is a small but cozy backyard that features a hot tub and outdoor bar/counter area to relax. This property would make a great vacation home for a large family, a great rental/investment property, or a blend of both if you rent one unit out while you enjoy the other! Must see in person to appreciate!

Listing Agent

Jim Murray

Keller Williams Realty Jersey Shore-Ocean City License #0125805 Listed on: 04/30/2025

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,519

Lot Details

  • Lot Dimensions are 30x100
  • Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,519

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Lvt Date: 04/30/2025
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Sidewalks, Whirlpool/Spa
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car, Detached Garage
  • Parking Exterior: One And Half Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Baseboard, Gas-Natural, Hot Water, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 30x100

Rental Info

  • Rental Information: Seasonal

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,519 $581,000 $291,000 $290,000
2023 $6,223 $581,000 $291,000 $290,000
2022 $5,978 $581,000 $291,000 $290,000
2021 $4,334 $581,000 $291,000 $290,000
2020 $5,682 $581,000 $291,000 $290,000
2019 $5,618 $581,000 $291,000 $290,000
2018 $5,566 $581,000 $291,000 $290,000
2017 $5,479 $581,000 $291,000 $290,000
2016 $5,270 $581,000 $291,000 $290,000
2015 $5,200 $581,000 $291,000 $290,000
2014 $5,124 $581,000 $291,000 $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $1,595,000 0.0% --
06/26/2025 06/26/25 Price Changed $1,595,000 -6.1% --
05/19/2025 05/19/25 For Sale $1,699,000 0.0% --
05/13/2025 05/13/25 Off Market $1,699,000 -- --
04/30/2025 04/30/25 For Sale $1,699,000 0.0% --
04/30/2025 04/30/25 For Sale $1,699,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $593,000 Surety Title
Deed $175,000 --
Deed $118,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 Credit Line Revolving
Previous Owner $350,000 Fannie Mae Freddie Mac
Previous Owner $140,000 No Value Available
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 595689

South Jersey Shore Regional MLS

APN: 08-00211-0000-00019