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Three-Unit Auto Shop Property
For Sale
$2,400,000

1501 Asbury Avenue, Asbury Park, NJ 07712

Commercial Sale, Asbury Park, NJ

Property SizeContact for details
Lot Size0.10 Acres
Days on Market241
Rey
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Property Features for 1501 Asbury Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Basement
Parking 30
Exterior features Lighting
Fireplace 1
Directions East on Rt. 66 to Asbury Ave. Building is on the left.
Subdivision North West
Standard status Active
APN 04-01902-0000-00011
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11544

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

gated parking

Building Details

Year built 1952
Floors in Building 1
Flooring type Concrete
Building materials Brick
Roof type Flat
Listing Agency: C21/ Action Plus Realty
Listed By: Paul Eagan
Added: Feb 16 Changed: Sep 29 Last Checked: Oct 15 at 4:06PM
MLS# 22604178

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit automotive property includes a body shop, an auto repair operation, and a used-car dealer office. The body shop is equipped with two lifts, a paint booth, frame machine, tools, and related equipment, and includes a body shop license plus three used-car licenses. The repair unit has two bays, one lift, and gated parking, while the dealer occupies a larger office with parking.

The property provides parking for 30 vehicles and is positioned on a heavily traveled road in Asbury Park. Built in 1952, the building features brick construction, concrete flooring, a flat roof, forced-air heating, public water, and public sewer. Additional physical features include exterior lighting and a basement.

Key Highlights

  • Three automotive units: body shop, repair operation, and used‑car dealer office
  • Body shop includes 2 lifts, paint booth, frame machine, tools, and equipment
  • Body shop license and 3 used‑car licenses included

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Locksmith Butcher Nursing Home (Bike/Boat/Book/etc) Store Fish Market Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Service bays
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby
32k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 69% Shops & Services 31%
Aldi Groceries
22,219 visits/mo 0.5 miles
7-Eleven Shops & Services
5,369 visits/mo 0.2 miles
AutoZone Shops & Services
4,103 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
386 visits/mo 0.1 miles

Demographics for 07712, NJ

39,397
Population
19,321
Households
2
Avg Household Size
42
Median Age
49%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,229
Density / Sq Mi
$95,691
Median Household Income
$51,924
Median Earnings
$1,496
Median Rent
$578,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • JP Auto — 318 NJ-35, Neptune City, NJ 07753
  • Samual Autobody — 318 NJ-35, Neptune City, NJ 07753
  • Neptune Transmission & Auto Repair — 311 NJ-35, Neptune City, NJ 07753
  • Mike's Auto Repair — 1801 W Lake Ave, Neptune City, NJ 07753
  • American GT Car Care — 300 NJ-35, Neptune City, NJ 07753

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive facility with body shop improvements, repair bays, used-car operations, and on-site vehicle parking.
Where is this auto shop located?
The property is located at 1501 Asbury Avenue Asbury Park, NJ.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Three automotive units: body shop, repair operation, and used‑car dealer office; Body shop includes 2 lifts, paint booth, frame machine, tools, and equipment; Body shop license and 3 used‑car licenses included
More about this property
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