340 Ocean Ave

Ocean City, NJ
$ 1,499,000 Beds 0 Baths 2 Virtual Tour
Monthly Estimate* How much can I afford?

ATTENTION INVESTORS & RESTAURANT OWNERS! Up for grabs is this Rare, North End, Mixed-Use, Commercial/Residential Investment Opportunity! Recently Renovated, this Corner Property features a Completely Turnkey, “To-Go” Style Restaurant on the 1st fl & (3) Bd Residential Unit on 2nd fl. The commercial unit has been professionally outfitted from front to back with top of the line Commercial Grade Kitchen Equip., Display Cases, Bev. Coolers, Display Racks, Granite Countertops, & Shelving! It also features a Built in Audio/Video System (Inside & Out), Dishwashing Station, Take-Out Window, Handicap Access. Bathroom, Storage Room, & Space for Outside Seating. The 2nd fl, unit features 3 Bd, 2 Ba, Granite Countertops, Stainless Steel Appliances, Tile Flooring, Breakfast Bar, Hardwood Floors, Tile Baths, Rec. Lighting, Washer/Dryer, Large Deck, HUGE Walk Up Attic, & Off-Street Parking! This Prime location is perfect for both seasonal/yearly businesses since it’s ONLY 2.5 Blks to the Beach/Boards, & ONLY 1.5 Blks to OC High School! The building was nearly reconstructed from the ground up 3 yrs ago & all equipment has ONLY 3 seasons of use on it! Reno included: Roofing, Siding, Plumbing, Electric, Concrete, Flooring, Kitchen, Baths, Windows, Decks, Foundation, & so much more! Have the doors open for M.D. Weekend! This building is absolutely READY TO GO! Live at the beach & run your dream business! **Current Business NOT included in sale, Real Estate & Equipment only.

Commercial

  • Price
  • $ 1,499,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 2
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • Taxes
  • 7463
  • County
  • CAPE MAY
  • Style
  • Comm. w/Apartments,Commercial,Restaurant
  • Area
  • Ocean City-Northend
  • MLS#
  • 549701
  • Zip
  • 08226
Listing Provided by: Keller Williams Realty Jersey Shore-Ocean City
Data Source: South Jersey Shore Regional MLS

Features

General

Basement Slab
Class COMMERCIAL/INDUSTRIAL
Flooring Carpet-Partial, Hardwood, Slab
Heating Electric, Forced Air, Gas-Natural, Multi-Zoned
Listing Area Ocean City/Northend
Location Corner, Historical District
Parking 1 to 5 Spaces, Off Street
Roof Asphalt
Sewer Public Sewer
Status Active
Status Active
Style Comm. w/Apartments, Commercial, Restaurant
Tax Year 2020
Taxes 7463
Water Public

Interior Features

# of Units 2
Air Conditioning Ceiling Fan(s), Central, Gas
Hot Water Gas
Interior Features Living Space Available, Security System, Smoke/Fire Alarm, Storage
Specialty Rooms Utility Room
Stories 2

Exterior Features

Exterior Features Security Light/System, Sign
Exterior/Siding Brick Face, Vinyl
Lot Dimensions 40x70'
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/21/2021 Listed $1,499,000

Property vs Zip Code Average in 08226

Price
AVG $1.13M
$1.5M
Taxes
AVG $5,652
$7,463
Visits
AVG 29
6
Walkscore
AVG 71
63
Data Provided by Walkscore ® not using MLS data

Map

340 Ocean Ave Ocean City, NJ is a Single Family Home for sale at $1499000 and a lot size of Acre(s). 340 Ocean Ave Ocean City has 0 bedrooms, 2 baths . The property's zip code is 08226 which is in Ocean City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.