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620 Asbury Ave #B, Ocean City, NJ, 08226

3beds
2baths
1,130sqft
$820,000
$726price/sqft
$5,141/moest. monthly cost
$205,640/yrincome needed

About This Home

Beautiful, spacious, and centrally located 3-bedroom, 2-bath condo in the heart of the downtown shopping and restaurant district.This move-in-ready home features new stainless steel appliances, granite countertops, updated bathrooms, and a new HVAC system. Additional amenities include a large front deck, a substantial storage room, and a one-car garage. The property is ideally situated close to the beach and the boardwalk and boasts a strong rental history.Don't delay , schedule your showing today!

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
94
BikeBiker's Paradise

Schools

7/10
Ocean City Primary SchoolGrades PK-30.1 mi
6/10
8/10
Ocean City High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Vinyl

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas Stove,Microwave,Refrigerator,Self Cleaning Oven,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Fireplace(s),Kitchen Island,Master Bath,Pets Allowed,Eat-in Kitchen
  • Window features: Blinds,Curtains
  • Flooring: Hardwood,Wall to Wall Carpet
  • Fireplace features: Gas Log,Living Room,Fireplace Equipment
  • Fireplace: Yes
  • Attic: Storage

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,130
  • Total interior livable area: 1,130 sqft

Property

Details

  • Parcel number: 6

Features

  • Levels: One
  • Patio & porch: Deck/Porch,Enclsd/Covered Porch

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Strong Wind
Hurricane
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,146$49,752
Home Insurance *$167$2,004
Property Taxes $635$7,620
Electricity $193$2,318
Total$5,141$61,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$176,262/yr
40% on housing$154,230/yr
45% on housing$137,093/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$726This listing

vs Other Active Listings

Avg $/sqft

ZIP 08226$1,070
Cape May County$617

vs Homes Sold Last Month

Median $/sqft

ZIP 08226$905
Cape May County$460

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Price change$820,000
2026-05-29Listed for sale$825,000
2020-08-28Sold$475,000
2019-04-30Sold$380,000
2017-11-10Sold$391,750

For Sale by Agent

AgentDEBORAH IMBER
BrokerageKeller Williams Realty Jersey Shore - Ocean City

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