Newer 23-Unit Apartment
For Sale
$10,995,000
33 Union Avenue, Manasquan, NJ 08736
COMMERCIAL - Manasquan, NJ
Property SizeContact for details
Lot Size0.64 Acres
Days on Market62
Property Features for 33 Union Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Covered, Assigned, RV, Off Street, On Street, Offsite
Interior features
Handicapped
Exterior features
Lighting
Accessibility
Accessible Approach with Ramp
Lot features
Sidewalks
Directions
Route 71 / Union Avenue to The Reef
Standard status
Active
APN
29-00066-02-00031-01
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
74601
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
stainless steel appliances
stackable washer & dryer
balconies
private lockable storage units
Building Details
Year built
2024
Floors in Building
3
Flooring type
Vinyl, Tile
Listing Agency:
Ward Wight Sotheby's International Realty
(732) 449-3322
Listed By:
Keith W Kernan · License #0560338
(732) 449-3322
Added: Jun 10
Changed: Aug 7
Last Checked: Aug 10 at 7:06AM
MLS# 22617427
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.
The Reef is a 23-unit apartment building completed in 2024 on a 0.64-acre lot. The property offers one- to two-bedroom units, mostly two bedrooms, with approximate unit sizes ranging from 772 to 1,363 square feet. Interiors include custom kitchen layouts with full stainless steel appliance packages, stackable washer and dryer, and private lockable storage units in all residences. Balconies are included in some units. Common systems and finishes feature forced-air heating and central air cooling, with vinyl and tile flooring. The building includes a basement, exterior lighting, and an accessible approach with ramp.
The property is located in-town in Manasquan, approximately 1.3 miles from the Manasquan beaches. It is also described as being in close proximity to NJ Transit with rail transportation to North Jersey and NYC.
Parking is addressed with assigned options plus a mix of covered, offsite, on-street, and off-street parking. The building is connected to public water and public sewer.
The property is located in-town in Manasquan, approximately 1.3 miles from the Manasquan beaches. It is also described as being in close proximity to NJ Transit with rail transportation to North Jersey and NYC.
Parking is addressed with assigned options plus a mix of covered, offsite, on-street, and off-street parking. The building is connected to public water and public sewer.
Key Highlights
- 23‑unit apartment building completed in 2024 on a 0.64‑acre lot
- One- to two‑bedroom units, mostly two bedrooms, approx. 772 to 1,363 SF
- Stackable washer and dryer plus custom kitchen layouts with full stainless steel appliance packages
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 08736, NJ
12,566
Population
6,155
Households
2
Avg Household Size
49
Median Age
70%
College-Educated
99%
High-School Grad
4.7 sq mi
ZIP Area
2,674
Density / Sq Mi
$170,042
Median Household Income
$72,924
Median Earnings
$1,838
Median Rent
$849,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The Reef is a 2024-built 23-unit apartment building with one- to two-bedroom residences and central air cooling.
Where is this apartment building located?
The property is located at 33 Union Avenue Manasquan, NJ.
What is the asking price?
The asking price for this property is $10,995,000.
What are key features of this property?
This property features: 23‑unit apartment building completed in 2024 on a 0.64‑acre lot; One- to two‑bedroom units, mostly two bedrooms, approx. 772 to 1,363 SF; Stackable washer and dryer plus custom kitchen layouts with full stainless steel appliance packages
