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Homes for Sale from $1.5M to $2M in Central, Ocean City, NJ

Homes for sale in central Ocean City priced from $1,500,000 to $2,000,000.

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Homes for Sale from $1.5M to $2M in Central, Ocean City, NJ

1020 Asbury Ave, Ocean City
$1,599,000
613290 MLS
PRIME DOWNTOWN OCEAN CITY INVESTMENT OPPORTUNITY! Located in the heart of Ocean City at 10th Street and Asbury Avenue, this versatile three-story mixed-use property offers endless possibilities for investors, business owners, and owner-occupants alike! The first floor features commercial space in a highly desirable downtown location, ideal for establishing your business or generating rental income. Above, you'll find two beautifully remodeled residential units. The spacious second-floor unit offers 4 bedrooms and 1 full bath, while the third-floor unit features 3 bedrooms and 1 full bath. Both residential units have been tastefully updated, providing attractive options for year-round living, seasonal use, or rental income. ALL THREE UNITS WILL BE DELIVERED VACANT AT SETTLEMENT giving the new owner complete flexibility to occupy, lease, or establish their own rental rates from day one! Live in one unit while generating income from the others, operate your business downstairs, or maximize the property's investment potential. Just steps from Ocean City's popular shops, restaurants, and downtown attractions- and a short walk to prime Boardwalk attractions and beautiful beaches- this is a rare opportunity to own a mixed-use property in one of the shore's most sought-after communities. Each unit has one private parking spot. Residential units will be delivered fully furnished. Both Residential units have private in unit laundry. LOCATION, FLEXIBILITY & INCOME POTENTIAL — THE POSSIBILITIES ARE ENDLESS! Residential was used for seasonal rentals ($60k / per unit) & yearly commercial space ($40k) - projected income for the building $160k

1020 Asbury Ave, Ocean City

1020 Asbury Ave, Ocean City
$1,599,000
613258 MLS
PRIME DOWNTOWN OCEAN CITY INVESTMENT OPPORTUNITY! Located in the heart of Ocean City at 10th Street and Asbury Avenue, this versatile three-story mixed-use property offers endless possibilities for investors, business owners, and owner-occupants alike! The first floor features commercial space in a highly desirable downtown location, ideal for establishing your business or generating rental income. Above, you'll find two beautifully remodeled residential units. The spacious second-floor unit offers 4 bedrooms and 1 full bath, while the third-floor unit features 3 bedrooms and 1 full bath. Both residential units have been tastefully updated, providing attractive options for year-round living, seasonal use, or rental income. ALL THREE UNITS WILL BE DELIVERED VACANT AT SETTLEMENT giving the new owner complete flexibility to occupy, lease, or establish their own rental rates from day one! Live in one unit while generating income from the others, operate your business downstairs, or maximize the property's investment potential. Just steps from Ocean City's popular shops, restaurants, and downtown attractions- and a short walk to prime Boardwalk attractions and beautiful beaches- this is a rare opportunity to own a mixed-use property in one of the shore's most sought-after communities. Each unit has one private parking spot. Residential units will be delivered fully furnished. Both Residential units have private in unit laundry. Each residential unit rents for $60 ,000 in summer rental income plus commercial store lease- projected annual /summer income of 160,000 LOCATION, FLEXIBILITY & INCOME POTENTIAL — THE POSSIBILITIES ARE ENDLESS!

1020 Asbury Ave, Ocean City

725 Simpson, Ocean City
$1,790,000
4 Beds ⋅ 3 Baths ⋅ 612019 MLS
Welcome to 725 Simpson Avenue, a beautifully custom-built single-family home offering the comfort of newer construction in an exceptionally convenient Ocean City location. Meticulously maintained and only a few years young, this 4-bedroom, 2.5-bath home reflects pride of ownership throughout and is truly move-in ready. Designed for easy shore living, the home features a spacious and thoughtfully planned interior, three outdoor decks for relaxing and enjoying the coastal air, and three separate air-conditioning units providing efficient comfort throughout the home. An oversized attached garage offers exceptional space for parking, beach gear, bikes, boards and all the necessities of life at the shore. Location is a standout. Situated just off the Ninth Street Bridge, 725 Simpson Avenue offers remarkably easy access on and off the island while placing you close to the heart of town, shopping, dining, recreation and everything that makes Ocean City such a desirable year-round and vacation destination. Whether you're searching for a primary residence, second home or your own place at the shore, this property offers a combination that can be difficult to find in Ocean City: a newer custom-built single-family home, generous garage space, multiple outdoor living areas, excellent accessibility and a central location. Arrive on the island and be home within minutes. Beautifully maintained, ideally situated and ready for its next owner—725 Simpson Avenue makes Ocean City living easy.

725 Simpson, Ocean City

842 Wesley Ave # 842 Unit #2, Ocean City
$1,775,000
5 Beds ⋅ 3 Baths ⋅ 611115 MLS ⋅ NONE BLDG.
2027 rentals already over $65,000 booked!! 2026 - already over $117,000 Consistently producing $115,000+ in annual rental income (2024: $124,000)—this is a true turnkey investment for the savvy buyer looking for a well-oiled rental machine. This beautiful second-floor (top-floor) property is ideally located at the corner of 9th & Wesley Avenue in the heart of Ocean City, NJ, just a short walk to the beach, boardwalk, and downtown. Offering 5BR/3BA and over 1,700 sq ft on the main living level, plus an additional 300+ sq ft entry-level recreation area—perfect for extra lounging and entertaining. A private elevator (serving the 2nd-floor unit only) provides added convenience and handicap-friendly access, with no steps once inside the unit. The layout is designed for comfort and groups with two primary suites (King & Queen), an additional Queen bedroom with balcony, plus two bedrooms with full-over-full bunk beds. The entry level features a full-size futon and a TV/foosball/game room. Enjoy a 55” TV in the family room, a 50” TV in the game room, and TVs in every bedroom. Outdoor living shines with a canopy-covered front deck off the living area (canopy removed in winter months), added privacy/sun shade on the north side of the awning, a rear deck off the primary, and a balcony off Bedroom 5. Additional highlights include keyless entry and off-street parking for 3 cars (1 garage + 2 driveway). Just minutes to the 9th Street beach/boardwalk, the Music Pier, and all the shopping and dining along Asbury Avenue. Schedule your private tour today!!

842 Wesley Ave # 842 Unit #2, Ocean City

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