$1,050,000 715 Main Street Asbury Park, NJ

MLS: 21645233   Type: Commercial   County: Monmouth   City: Asbury Park   Neighborhood: Se Asbury Pk   Zip: 07712   Style: Mixed Use     Taxes: $19,406

Mortgage $4,930 /mo

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*Investor Alert* Currently 6% Cap with potential for much more in redevelopment zone on major intersection in Asbury Park! Commercial building fully rented, 4 Apartments (2-3 bedrooms each) and Large 4,000 Commercial Space on 1st Floor. This property has the potential to generate more income with just a little bit of work. Also Zoning for this building will allow up to a 45 ft tall building with site approvals. Asbury Park has received a grant to redevelop the main st corridor from the state and is primed for continued growth. Don't miss this Prime Opportunity to buy a great multi use building at the city by the sea while you still can!

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Price History

12/7/2016 Listed $1,050,000

Business Name One Stop Discount Store
Location Business District, Near Busstop, Near Rrtrans
Use Apartments, Retail

Interior Features

# Car Garage 0.00
Basement Locked Storage
Electric 220 Volt
Gas At Street
Heat/ac Forced Hot Air
Heating Fuel Natural Gas
Water Heater Natural Gas

Exterior Features

Garage No
Lot Description Corner
Lot Dimensions 40 x 110
Parking On Street
Sewer Public Sewer
Water Public Water

Property Schools



Direct Link:

http://www.tenhoeverealty.com/property/135-21645233-715-Main-Street-Asbury-Park-NJ-07712

Gallery (2 photos)

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Property vs Zip Code Avg (07712)

Price 1.05M Avg 520K

Sqr Feet 8,000 Avg 2,162

Cost / Sqr Ft $131 Avg $241

Taxes $19,406 Avg $12,896

Visits 41 Avg 36

Days on Site 75 Avg 133

Walkscore® 96 Avg 73

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Listing Provided Courtesy Of: Keller Williams Realty East Monmouth




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Location & Address

The Ten Hoeve Realty Group
85 Dutch Lane Road
Colts Neck, NJ
201-596-6236
856-632-7714