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    1017 Summerfield Ave Asbury Park, NJ 07712

    For Sale
    $1,150,000

    MULTI_FAMILY - Asbury Park, NJ

    Property size:
    3,300 SF
    Lot size:
    0.12 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 1017 Summerfield Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bedroom 7, Bathroom 2
    Bedrooms
    7
    Bathrooms
    3
    APN
    04-00505-0000-00018
    Parking
    6
    Basement
    Walk-Out Access, Full
    Size
    3,300 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    3

    Sigman Realty (732) 774-4633

    Listing agent Matthew H Sigman (732) 774-4633

    Listing date Nov 24, 2025

    MLS# 22533716 Listing URL

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Triplex in Asbury Park

    This versatile property in Asbury Park, NJ, features three separate vacant units, offering opportunities for investors, multi-generational living, or owner-occupants. The property could also be converted into a substantial single-family home by unlocking the value in the basement and attic. The first-floor unit is a spacious 4-bedroom apartment with basement access, an enclosed front porch, and large windows providing natural light. The second floor includes a 2-bedroom unit and a 1-bedroom unit. The attic features vaulted ceilings, presenting an opportunity to add square footage and create a master suite with a master bath. The property includes a private driveway leading to rear parking for approximately six vehicles and an accessible backyard. Each unit has separate utilities. The property size is 3300 square feet, situated on a lot of approximately 0.12 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asbury Park
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.016292
    Latitude
    40.219172

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    FAQs

    What type of property is this?
    Triplex - Three vacant units, ideal for investors or owner-occupants.
    Where is this triplex located?
    The property is located at 1017 Summerfield Ave Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Three separate, vacant units offer immediate rental income potential.; - Ideal for investors, multi-generational living, or owner-occupancy with rental income.; - Opportunity to convert basement and attic into additional living space or a single-family home.
    (732) 774-4633
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1017 Summerfield Ave Asbury Park, NJ 07712
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