637 Asbury Ave

Ocean City, NJ
$ 1,790,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Attention Restaurant Owners!! Jon & Patty's Coffee Bar & Bistro, an established, year-round, turnkey restaurant, guaranteed fabulous income! A real cash cow! $88,000 in rental income! Employee's Stay! Sold with a full staff! Rare opportunity to own a mixed use building located in the heart of Ocean City's business district. One of Ocean City's most successful restaurants, 120 inside seats, 40 outside seats. The restaurant has 2 floors, 2 kitchens, approximately 4,000 square feet. The restaurant was completely gutted in 2016 and a brand new additional beautiful kitchen was installed on the 2nd floor in 2017. In addition, the 3rd floor has a charming 3 bedroom apartment!! THE BUILDING CAN BE SOLD SEPARATELY FOR $1.29. A new roof in April, 2021. Hurry and jump into this popular Ocean City eatery and take advantage of the anticipated 2021 Banner Summer Season!

Commercial

  • Price
  • $ 1,790,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • Taxes
  • $ 7147
  • County
  • CAPE MAY
  • Style
  • Comm. w/Apartments,Restaurant
  • Area
  • Ocean City-Northend
  • MLS#
  • 549943
  • Zip
  • 08226
Listing Provided by: FOX REAL ESTATE-Brighton
Data Source: South Jersey Shore Regional MLS

Features

General

Basement Crawl Space
Class COMMERCIAL/INDUSTRIAL
Flooring Hardwood, Linoleum/Vinyl
Heating Gas-Natural
Listing Area Ocean City/Northend
Location Business District
Roof Asphalt
Sewer Public Sewer
Status Active
Status Active
Style Comm. w/Apartments, Restaurant
Tax Year 2020
Taxes 7147
Unit/bldg. # 637
Water Public

Interior Features

Air Conditioning Central
Hot Water Electric
Interior Features 220 Volt Electricity, Display Windows, Living Space Available, Restroom, Security System, Smoke/Fire Alarm
Specialty Rooms Public Restroom, Utility Room
Stories 3

Exterior Features

Exterior Features Sign
Lot Dimensions 30x100
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

4/27/2021 Listed $1,790,000

Property vs Zip Code Average in 08226

Price
AVG $1.16M
$1.79M
Taxes
AVG $5,652
$7,147
Visits
AVG 32
8
Walkscore
AVG 71
75
Data Provided by Walkscore ® not using MLS data

Map

637 Asbury Ave Ocean City, NJ is a Single Family Home for sale at $1790000 and a lot size of Acre(s). 637 Asbury Ave Ocean City has 0 bedrooms, 0 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.