diff --git a/components/library/src/content/page.rs b/components/library/src/content/page.rs
index 679764d..6a6e681 100644
--- a/components/library/src/content/page.rs
+++ b/components/library/src/content/page.rs
@@ -185,6 +185,7 @@ impl Page {
 
             page.path = path;
         }
+
         if !page.path.ends_with('/') {
             page.path = format!("{}/", page.path);
         }
@@ -233,7 +234,7 @@ impl Page {
                 page.assets = assets;
             }
 
-            page.serialized_assets = page.serialize_assets();
+            page.serialized_assets = page.serialize_assets(&base_path);
         } else {
             page.assets = vec![];
         }
@@ -287,12 +288,21 @@ impl Page {
     }
 
     /// Creates a vectors of asset URLs.
-    fn serialize_assets(&self) -> Vec<String> {
+    fn serialize_assets(&self, base_path: &PathBuf) -> Vec<String> {
         self.assets
             .iter()
             .filter_map(|asset| asset.file_name())
             .filter_map(|filename| filename.to_str())
-            .map(|filename| self.path.clone() + filename)
+            .map(|filename| {
+                let mut path = self.file.path.clone();
+                // Popping the index.md from the path since file.parent would be one level too high
+                // for our need here
+                path.pop();
+                path.push(filename);
+                path = path.strip_prefix(&base_path.join("content")).expect("Should be able to stripe prefix").to_path_buf();
+                path
+            })
+            .map(|path| path.to_string_lossy().to_string())
             .collect()
     }
 
@@ -507,7 +517,7 @@ Hello world
         let res = Page::from_file(
             nested_path.join("index.md").as_path(),
             &Config::default(),
-            &PathBuf::new(),
+            &path.to_path_buf(),
         );
         assert!(res.is_ok());
         let page = res.unwrap();
@@ -534,7 +544,7 @@ Hello world
         let res = Page::from_file(
             nested_path.join("index.md").as_path(),
             &Config::default(),
-            &PathBuf::new(),
+            &path.to_path_buf(),
         );
         assert!(res.is_ok());
         let page = res.unwrap();
@@ -544,6 +554,35 @@ Hello world
         assert_eq!(page.permalink, "http://a-website.com/posts/hey/");
     }
 
+    // https://github.com/getzola/zola/issues/674
+    #[test]
+    fn page_with_assets_uses_filepath_for_assets() {
+        let tmp_dir = tempdir().expect("create temp dir");
+        let path = tmp_dir.path();
+        create_dir(&path.join("content")).expect("create content temp dir");
+        create_dir(&path.join("content").join("posts")).expect("create posts temp dir");
+        let nested_path = path.join("content").join("posts").join("with_assets");
+        create_dir(&nested_path).expect("create nested temp dir");
+        let mut f = File::create(nested_path.join("index.md")).unwrap();
+        f.write_all(b"+++\n+++\n").unwrap();
+        File::create(nested_path.join("example.js")).unwrap();
+        File::create(nested_path.join("graph.jpg")).unwrap();
+        File::create(nested_path.join("fail.png")).unwrap();
+
+        let res = Page::from_file(
+            nested_path.join("index.md").as_path(),
+            &Config::default(),
+            &path.to_path_buf(),
+        );
+        assert!(res.is_ok());
+        let page = res.unwrap();
+        assert_eq!(page.file.parent, path.join("content").join("posts"));
+        assert_eq!(page.assets.len(), 3);
+        assert_eq!(page.serialized_assets.len(), 3);
+        assert_eq!(page.serialized_assets[0], "posts/with_assets/graph.jpg");
+        assert_eq!(page.permalink, "http://a-website.com/posts/with-assets/");
+    }
+
     // https://github.com/getzola/zola/issues/607
     #[test]
     fn page_with_assets_and_date_in_folder_name() {
@@ -562,7 +601,7 @@ Hello world
         let res = Page::from_file(
             nested_path.join("index.md").as_path(),
             &Config::default(),
-            &PathBuf::new(),
+            &path.to_path_buf(),
         );
         assert!(res.is_ok());
         let page = res.unwrap();
@@ -592,7 +631,7 @@ Hello world
         let mut config = Config::default();
         config.ignored_content_globset = Some(gsb.build().unwrap());
 
-        let res = Page::from_file(nested_path.join("index.md").as_path(), &config, &PathBuf::new());
+        let res = Page::from_file(nested_path.join("index.md").as_path(), &config, &path.to_path_buf());
 
         assert!(res.is_ok());
         let page = res.unwrap();