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    119 Ridge Ave Asbury Park, NJ 07712

    New
    For Sale
    $550,000

    MULTI_FAMILY - Asbury Park, NJ

    Lot size:
    0.15 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 14 at 9:06 am

    Property Features for 119 Ridge Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 4, Basement, Bedroom 3, Bathroom 1, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    04-01001-0000-00003
    Basement
    Partial
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    2

    Realty One Group Open Door (732) 410-5699

    Listing agent Michael Crocitto (732) 410-5699

    Listing date Dec 14, 2025

    MLS# 22536520 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

    Asbury Park Multifamily Opportunity

    This two-family property in Asbury Park, New Jersey, presents a flexible setup suitable for investors or end-users. The property features two separate structures: a three-bedroom house and a detached two-car garage with an apartment above. The apartment above the garage is ideal for rental income, guest space, or a private studio. A private driveway with ample parking adds convenience. The property is being delivered completely vacant. The lot size is 0.15 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -87.684732
    Latitude
    42.02011

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    FAQs

    What type of property is this?
    Duplex - Two-family property in Asbury Park, ideal for investors or end-users.
    Where is this duplex located?
    The property is located at 119 Ridge Ave Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Vacant 2-family property in Asbury Park, NJ, offering immediate occupancy and renovation potential.; - Includes a 3-bedroom house and a detached 2-car garage with an apartment above, providing multiple living/rental options.; - Ideal for investors or end-users seeking a flexible multi-unit living arrangement.
    (732) 410-5699
    Request Owner's contact information
    119 Ridge Ave Asbury Park, NJ 07712
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    Asbury Park, NJ 07712
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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
    119 Ridge Ave Asbury Park, NJ 07712
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