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    33 Union Ave Manasquan, NJ 08736

    New
    For Sale
    $10,295,000

    COMMERCIAL - Manasquan, NJ

    Lot size:
    0.64 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 33 Union Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Basement
    APN
    29-00066-02-00031-01
    Parking features
    RV, Off Street, Assigned, On Street, Offsite
    Lot size
    0.64 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2024
    Floors in Building
    3
    Flooring type
    Vinyl, Tile

    Ward Wight Sotheby's International Realty (732) 455-8121

    Listing agent Keith W Kernan (732) 449-3322

    Listing date Dec 9, 2025

    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

    New Manasquan Apartment Building

    The Reef, a newly constructed 23-unit apartment building completed in 2024, is located in the desirable Jersey Shore town of Manasquan. Situated approximately 1.3 miles from the beaches, this in-town location offers close proximity to Jersey Shore attractions, including NJ Transit rail transportation to North Jersey and NYC. The building features one- to two-bedroom units, with most units offering two bedrooms, ranging in size from approximately 772 to 1363 square feet. Units include high-end finishes, custom kitchen layouts with full stainless steel appliance packages, and stackable washer and dryers. Some units have balconies, and all units have private lockable storage. Additional amenities include raised panel woodwork in common areas, recessed lighting, and central air conditioning. The building also features one elevator, open floor plans, and an intercom/mobile app access system, in addition to a gym, package room, and fully furnished common room. Select units come with one assigned parking spot, and street parking is available. The property is situated on a 0.64-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Manasquan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.050064
    Latitude
    40.121154

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    FAQs

    What type of property is this?
    Apartment building - New 23-unit apartment building in desirable Jersey Shore town.
    Where is this apartment building located?
    The property is located at 33 Union Ave Manasquan, NJ.
    What is the asking price?
    The asking price for this property is $10,295,000.
    What are key features of this property?
    This property features: - Newly constructed in 2024: A modern building with contemporary features.; - Desirable Manasquan location: Close to beaches, Jersey Shore attractions, and NJ Transit (rail to North Jersey/NYC).; - High-end finishes: Custom kitchens with stainless steel appliances, stackable washer & dryer.
    (732) 449-3322
    Request Owner's contact information
    33 Union Ave Manasquan, NJ 08736
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    Manasquan, NJ 08736
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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
    33 Union Ave Manasquan, NJ 08736
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