516 Asbury Avenue Now available for purchase is this legal three family home just four blocks to the boardwalk and close to the downtown entertainment area & public transit. The property consists of a large two bedroom unit and a studio unit with separate sleeping area on the ground level, plus a huge three bedroom home on the entire second floor. There is a large covered porch along with a generous sized backyard. Each apartment has separate gas and electric service. This is a beautiful tree lined block and close to everything.