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For sale
  • $1,525,000

    648-650 Asbury Ave, Ocean City, NJ 08226

    7beds
    3,332sqft
    : 
    $8,640/mo
    Get pre-qualified
    Duplex
    Built in 1920
    -- sqft lot
    $1,454,500 Zestimate®
    $458/sqft
    $-- HOA

    What's special

    Rich carpentry throughoutNew stucco and masonryStained glass windows
    Rarely does a property check every box — this one does. Half a mile to the beach and boardwalk, with an elevated front deck that puts you above the crowd for downtown Ocean City's parades and events throughout the year — a front-row seat instead of standing shoulder-to-shoulder on the sidewalk — plus easy access to the farmer's market and everything else that makes summer and year round living here what itis. The location alone is hard to beat. Built in 1920, this home's historic character shows in every original built-in, the rich carpentry throughout, and the stained glass windows that new construction simply can't replicate. But step inside and this is no time capsule — thoughtful touches like new stucco and masonry and a new front door and storm door keep it feeling well cared for today. This is a genuine two-in-one: the main home(5 bed / 2 bath) sits above a fully separate ground-floor unit (2 bed / 1 bath) — ideal as an income-producing rental, in-law suite, or private home office. A spacious top floor (currently used for storage) already feels like finished living space with a fully functioning sauna and real potential to become 1-2 additional bedrooms and a full bathroom. The ground floor also hosts a large storage room that's tough to find. and a fully functioning sauna already in place. A personal elevator runs from ground level just off the driveway to the main living floor, and with a first-floor primary bedroom in the main home, this property offers a level of accessibility that's hard to find. Then there's the parking: 3 off-street spots —a genuine rarity in a town where parking is a daily struggle, but not here. 3,332 sq ft on a 30x100 lot. Flexible, income-ready, walkable to everything - you won't find another one like this. Schedule your showing today.
    2 days
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    338
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    20
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Deckard,

    eXp REALTY

    Source: CMCAOR,MLS#: 262314MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Living Room, Kitchen, Dining Area
      Heating
      • Natural Gas, Radiator
      Cooling
      • Ceiling Fan(s), Other, Wall Unit(s)
      Appliances
      • Included: Gas Water Heater
      • Laundry: Laundry Room
      Features
      • Pantry, Storage
      • Has basement: No
      Interior area
      • Total structure area: 3,332
      • Total interior livable area: 3,332 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: 3 Car, Concrete
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Porch
      • Exterior features: Sidewalks, Outdoor Shower
      Lot
      • Size: 3,000 Square Feet
      • Dimensions: 30 x 100
      • Features: Island, Other
      Details
      • Parcel number: 0800605000000012

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: Separate Meter(s)
      • Gas: Separate Meter(s)
      • Sewer: Public
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Ocean City

      Financial & listing details

      • Price per square foot: $458/sqft
      • Tax assessed value: $501,600
      • Annual tax amount: $5,819
      • Date on market: 8/20/2026
      • Inclusions: Shades, Rugs, Other (See Remarks)

        Estimated market value

        $1,454,500

        $1.38M - $1.53M

        $1,903/mo

        Price history

        DateEventPrice
        8/20/2026Listed for sale$1,525,000+31.2%$458/sqft
        Source: eXp Realty #611056 Report a problem
        11/17/2023Sold$1,162,500-6.2%$349/sqft
        Source: CMCAOR #231807 Report a problem
        10/17/2023Pending sale$1,239,000$372/sqft
        Source: SJSRMLS #575772 Report a problem
        9/23/2023Contingent$1,239,000$372/sqft
        Source: SJSRMLS #575772 Report a problem
        8/28/2023Price change$1,239,000-4.3%$372/sqft
        Source: SJSRMLS #575772 Report a problem
        7/31/2023Price change$1,295,000-7.2%$389/sqft
        Source: CMCAOR #231807 Report a problem
        7/11/2023Listed for sale$1,395,000+44.2%$419/sqft
        Source: SJSRMLS #575772 Report a problem
        1/27/2022Sold$967,500+93.9%$290/sqft
        Source: Public Record Report a problem
        10/8/2004Sold$499,000+99.6%$150/sqft
        Source: Public Record Report a problem
        6/19/2002Sold$250,000$75/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,628 $501,600
        2024$5,628 +7%$501,600 +2.1%
        2023$5,262 +61.3%$491,300 +2.1%
        2022$3,262 +2.8%$481,000 +48.2%
        2021$3,175 +1.1%$324,600
        2020$3,139 +0.9%$324,600
        2019$3,110 $324,600
        2018$3,110 +5.6%$324,600
        2017$2,944 +1.3%$324,600
        2016$2,905 +1.5%$324,600
        2015$2,863 +4.8%$324,600
        2014$2,733 -27.1%$324,600
        2013$3,747 +4.1%$324,600 -32.2%
        2012$3,599 +2.6%$478,600
        2011$3,508 +3.8%$478,600
        2010$3,379 +4.4%$478,600
        2009$3,235 +21.5%$478,600
        2008$2,663 +3.1%$478,600 +79.7%
        2007$2,583 $266,300
        2006-- $266,300
        2005-- $266,300
        2004$2,583 $266,300
        2003-- $266,300 +71.3%
        2002-- $155,500
        2001-- $155,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 08226

        Getting around

        88 / 100
        Very Walkable
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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