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    Ocean Grove, NJ Neptune, NJ Bradley Beach, NJ Allenhurst, NJ Ocean, NJ Neptune City, NJ Avon By The Sea, NJ Deal, NJ
    52-Room Hospitality Property
    Updated: Apr 11
    52-Room Hospitality Property

    302 1st Ave, Asbury Park, NJ 07712

    Contact for pricing
    11,000 sqft 0.23 AC lot
    52 rooms within more than 11,000 square feet
    Eight rooms have private baths; eight common baths serve the property
    New stucco siding, two newer boilers, and newer HWH equipment
    Adjacent vacant 50 X 100 lot included in the sale
    Combined property dimensions of 100x100
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Asbury Park, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Hotel on a Corner Triple Lot
    Historic Hotel on a Corner Triple Lot

    39 Main Avenue, Ocean Grove, NJ 07756

    $4,250,000
    10,260 sqft 0.12 AC lot

    Historic hotel on a corner triple lot featuring 28 rooms with public water and sewer services.

    View details
    21-Unit Hotel with Manager Suite
    21-Unit Hotel with Manager Suite

    1201 Boulevard Unit 1201, Seaside Heights, NJ 08751

    $3,499,000
    19,188 sqft

    Operational 21-unit hotel property with private balcony suites, a manager suite, apartment, pool, lounge, and onsite restaurant.

    View details
    Beachside Hotel with Townhome Approval
    Beachside Hotel with Townhome Approval

    1201 Boulevard, Seaside Heights, NJ 08751

    $3,499,000
    19,188 sqft

    Currently a 21-unit hotel with manager suite, private balconies, pool and lounge, and approved plans for 10 townhomes.

    View details
    28-Room Hotel with Multi-Level Porches
    28-Room Hotel with Multi-Level Porches

    39 Main Avenue, Ocean Grove, NJ 07756

    $4,250,000

    The property includes an owner’s unit and multiple levels of front and rear porches.

    View details

    Off-Market Properties in Asbury Park, NJ

    Consider similar Off-Market properties in Asbury Park, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    408 7th Ave
    HOTEL

    408 7th Ave, Asbury Park, NJ 07712-5416

    $2,280,000
    Estimated value
    9,817 sqft 0.19 AC lot
    View details
    1401 Ocean Ave
    HOTEL

    1401 Ocean Ave, Asbury Park, NJ 07712-5612

    $5,725,000
    Estimated value
    254,714 sqft 3.40 AC lot
    View details

    Asbury Park, NJ Hotels Market Trends and Statistics

    Explore 3 hotels for sale in Asbury Park, NJ on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

    Population 40K
    Population Growth (5Y) +3.0%
    Median Household Income $95,691
    College Educated 67.6%

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $8.00 per SF
    Tax Rate vs County Average 0.38 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monmouth County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monmouth County

    Residential Income

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