Backup offers
#NJCM2003972, David C Cates, Listing office: BHHS Fox & Roach 9th Street-Ocean City
Property details
About 1061 Asbury Ave
Welcome to 1061 Asbury Ave, one of Ocean City’s premier mixed use buildings in the downtown Asbury Area. This sale is for **Real Estate ONLY** and does NOT include the sale of Starbucks business in any way, shape, or form. The first floor is a commercial unit with a well established, premier tenant on a long term lease and the second floor is a gorgeous 4 bedroom, 2 bathroom condo with an amazing outdoor space, perfect for entertaining. This unit is currently being used as a short term rental with some 2025 rentals in place. There is one off-street parking spot for the commercial unit and two off-street parking spots for the residential unit so no need to worry about parking! Sit back and enjoy steady long term rent from your commercial tenant while you maximize the rental income in the short term market upstairs! Don’t sleep on this one because it won’t last!
Highlights
Home typeDuplex
HeatingNatural Gas, Zoned
StatusActive
CoolingCentral Air
BasementYes
ParkingThree or More Cars
MLS #596890
Virtual tour
Summary
- Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
- Basement: Yes
- Attached Garage: No
- Parking: Three or More Cars
- Exterior: Curbs
- Heating: Natural Gas, Zoned
- Cooling: Central Air
- List Price: $2,950,000
- Lot: Curbs
- Directions: 9th to Asbury, Right on Asbury.
- MLS Number: 596890
- Office Name: Keller Williams Realty Jersey Shore-Ocean City
- Office Phone: (609) 399-5454
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. © 2025 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: 7/24/2025, 2:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
Ocean City Primary School
Public District PK-3
0.6 mi
•550 West Ave
2
Dawes Avenue Elementary School
Public District KG-3
3.3 mi
•22 W Dawes Ave
5
Upper Township Elementary School
Public District 3-5
3.7 mi
•50 N Old Tuckahoe Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,239. Residents of Ocean City, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
43%
35k-100k
29%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
8%
Single, with Kids
21%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
18%
18-34 yrs old
47%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Bob Evans
Chipotle
What do the neighbors drive?
Lincoln
Oldsmobile
Mazda
What do the neighbors listen to?
Classical
News
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1061 Asbury Ave
The listing price of 1061 Asbury Ave property is $2,950,000.
The property 1061 Asbury Ave is a multi located in Ocean City, New Jersey, 08226.
Active Listing: 1061 Asbury Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1061 Asbury Ave are: Ocean City Primary School (GreatSchools Rating 5/10), Dawes Avenue Elementary School (GreatSchools Rating 2/10), Upper Township Elementary School (GreatSchools Rating 5/10), Ocean City Intermediate School (GreatSchools Rating 6/10), Jordan Road Middle School (GreatSchools Rating 4/10), Belhaven Middle School (GreatSchools Rating 7/10), Ocean City High School (GreatSchools Rating 5/10), Chartertech High School for the Performing Arts (GreatSchools Rating 2/10), Mainland Regional High School (GreatSchools Rating 5/10).
This home is located at 1061 Asbury Ave in Ocean City, NJ and zip code 08226. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $2,950,000.
Ocean City, NJ housing market in June 2025 saw over 11 listings sold above listed price, more than 7 sold at listed price and over 38 sold below. The number of homes for sale in Ocean City, NJ decreased by 1.3% between May and June 2025. The median list price of listings available in June 2025 was $1,027,500, while the average time on the real estate market was 58 days.
From Rocket Homes Real Estate and based on county public records data.