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400 Prospect Avenue

Asbury Park, NJ 07712
  • $949,000
  • STATUS: Active
  • ON SITE: 126 Days
  • MLS #: 22501401
$949,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,032
    SQFT
  • $235
    $/SQFT
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

Prime mixed-use investment property in Asbury Park. Excellent opportunity to own a fully-leased, income producing property in a high-traffic area of vibrant Asbury Park. This building features 3 residential units and 1 commercial space all with long-term, reliable tenants. Strong rental income and consistent cash flow. Ideal for investors seeking a turn key property in a growing market. Property is being sold in ''AS IS'' condition. Rent roll is $6,229 monthly, Don't miss out on this rare chance to invest in this wonderful opportunity.

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© 2025 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated 2025-05-23T00:19:25.603.
www.baerhomes.com/homes/159496233
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400 Prospect Avenue Asbury Park, NJ 07712

  • Price: $949,000
  • Status: Active
  • On Site: 126 Days
  • MLS #: 22501401
0
Beds
0
Baths
0
½ Baths
0.07
Acres
4,032
SQFT
$235
$/SQFT
1923
Built
County:
Monmouth
Area:
Asbury Park (ASB)
Property Description
Prime mixed-use investment property in Asbury Park. Excellent opportunity to own a fully-leased, income producing property in a high-traffic area of vibrant Asbury Park. This building features 3 residential units and 1 commercial space all with long-term, reliable tenants. Strong rental income and consistent cash flow. Ideal for investors seeking a turn key property in a growing market. Property is being sold in ''AS IS'' condition. Rent roll is $6,229 monthly, Don't miss out on this rare chance to invest in this wonderful opportunity.
Exterior Features

Attached Garage YN No Exterior Features [] Garage YN No Parking Features On StreetNone Roof Flat Unit1 Electric Meter Yes Unit2 Electric Meter Yes Waterfront Features [] Waterfront YN No Waterview No

Interior Features

Basement Full Cooling Multi Units Cooling YN Yes Fireplaces Total 0 Flooring Wood Handicap Access No Heating Forced Air Heating YN Yes Interior Features [] Unit1 ACUnit Yes Unit1 Furnace Yes Unit1 Gas Stove Yes Unit2 Furnace Yes Unit2 Gas Stove Yes Unit2 Refrigerator Yes

Property Features

Lot Features Corner Lot New Construction YN No Owner Pays [] Pool No Property Sub Type Three Family Sewer Public Sewer Tax Annual Amount 7679 Tax Year 2023 Tenant Pays GasElectricity Water Heater Natural Gas Yes Water Source Public Zoning Description Multi-UseMulti-FamilyCommercial

Listing information © 2025 Monmouth-Ocean MLS. Listing provided courtesy of Joanna Maietta of RE/MAX Central: 732-972-1000.


© 2025 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated 2025-05-23T00:19:25.603.
 
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