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    1235 Washington Ave Asbury Park, NJ 07712

    For Sale
    $699,000

    MULTI_FAMILY - Asbury Park, NJ

    Property size:
    1,656 SF
    Lot size:
    0.14 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1235 Washington Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bathroom 2
    Bedrooms
    6
    Bathrooms
    2
    APN
    04-01301-0000-00027
    Basement
    Full
    Size
    1,656 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    2

    Weichert Realtors-Middletown (732) 899-9700

    Listing agent Michael Mizrahi (732) 807-6900

    Listing date Nov 25, 2025

    MLS# 22534757 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 Investment

    Located in Asbury Park, this income-producing multifamily property at 1235 Washington Ave features two spacious units. Each unit contains 3 bedrooms and 1 bathroom. The property has been recently renovated and is in excellent condition. Situated minutes from Asbury Park's beaches, the location offers convenient access to shopping, dining, and transportation. The lot size is 0.14 acres, and the property size is 1656 square feet. This well-maintained property is ideal for investors seeking a turnkey opportunity with strong rental potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant 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
    -74.0212
    Latitude
    40.220264

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex near Asbury Park's amenities and beaches.
    Where is this duplex located?
    The property is located at 1235 Washington Ave Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Income-producing property in Asbury Park.; - Two recently renovated, **spacious 3-bedroom, 1-bath units.**; - **Turnkey property in excellent condition.**
    (732) 807-6900
    Request Owner's contact information
    1235 Washington Ave 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
    1235 Washington Ave Asbury Park, NJ 07712
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