Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    415 Bond St Asbury Park, NJ 07712

    Sponsored
    For Lease
    $2,350 /Mo ($8 SF/Yr)

    COMMERCIAL - Asbury Park, NJ

    Property size:
    3,150 SF
    Lot size:
    0.04 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 30 at 11:06 am

    Property Features for 415 Bond St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    04-02506-0000-00004
    Parking features
    On Street
    Interior features
    Handicapped
    Exterior features
    Display Window
    Basement
    Full
    Accessibility
    Accessible Approach with Ramp
    Size
    3,150 SF
    Lot size
    0.04 Acres

    Utilities

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

    Building Details

    Year built
    1920
    Floors in Building
    2
    Flooring type
    Wood

    We can help!

    Listing Contact
    Katie Roberts

    eXp Realty, LLC (866) 201-6210

    Listing agent Katie Roberts (866) 201-6210

    Listing date Jan 22, 2026

    MLS# 22602089

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Asbury Park Storefront Commercial Space

    This commercial space is located in the heart of Asbury Park, New Jersey, offering a prime location within one of the city's most vibrant commercial corridors. The property features a flexible storefront with full-height windows, providing excellent visibility and natural light. The interior includes hardwood floors, high ceilings, recessed lighting, and central heat and air conditioning. The layout features a 45 x 16 retail floor of open space, an ADA-compliant bathroom, a storage closet, and a private basement. The total space is approximately 1000 square feet. There is ample room to add walls or rooms to customize the space. The property is ideal for various uses, including coffee shops, retail stores, offices, and restaurants (without a hood). The location benefits from strong foot traffic, nearby public parking, and close proximity to the train station, residential buildings, and major attractions. The property is located on a lot that is 0.04 acres. The space is vacant and available immediately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    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
    -74.011649
    Latitude
    40.217601

    Nearby Similar for Lease

    • Contact for pricing
      10,385 SF

      Highway 35 Commercial Space

      High-visibility commercial space on Highway 35 in Ocean Twp.
      1119 State Route 35, Asbury Park, NJ 07712
      View Details
    • New
      $1,000 /Mo
      5,491 SF

      Asbury Park Office Space

      Office space for rent in Asbury Park, New Jersey.
      513 Cookman Ave, Asbury Park, NJ 07712
      View Details
    • $22 SF/Yr
      49,658 SF

      Renovated Office Space Available

      Office space for rent in Ocean Township, Monmouth County.
      3321 Doris Ave, Asbury Park, NJ 07712
      View Details
    • $13 SF/Yr
      2,600 SF

      Asbury Park Flex Space

      Flex space near downtown Asbury Park, suitable for various uses.
      807 Summerfield Ave, Asbury Park, NJ 07712
      View Details
    • $4,000 /Mo
      3,074 SF

      Heated Warehouse Space in Asbury

      Heated warehouse/storage space available with loading dock access.
      910 1St Ave, Asbury Park, NJ 07712
      View Details
    • $15 SF/Yr
      3,000 SF

      Asbury Park Flex Space

      Ground floor flex space with garage door access available for rent.
      807 Summerfield Ave, Asbury Park, NJ 07712
      View Details
    • $30 SF/Yr
      11,500 SF

      Asbury Park Retail/Restaurant Space

      Prime commercial space in downtown Asbury Park, ready for customization.
      614 Cookman Ave, Asbury Park, NJ 07712
      View Details
    • $25 SF/Yr
      1,800 SF

      Asbury Park Commercial Space

      Commercial space in downtown Asbury Park, perfect for bar/restaurant.
      614 Cookman Ave, Asbury Park, NJ 07712
      View Details
    • $30 SF/Yr
      4,449 SF

      Asbury Park Commercial Space Available

      Vanilla box space suitable for bar or restaurant use.
      614 Cookman Ave Unit, Asbury Park, NJ 07712
      View Details
    • $30 SF/Yr
      3,534 SF

      Asbury Park Retail Space Available

      3,534 SF retail space in Asbury Park, NJ.
      614 Cookman Ave Unit, Asbury Park, NJ 07712
      View Details
    • $28 SF/Yr
      3,357 SF

      Asbury Park Retail Space Available

      3,357 SF retail space in downtown Asbury Park.
      614 Cookman Ave Unit, Asbury Park, NJ 07712
      View Details
    • $3,500 /Mo
      6,970 SF

      Asbury Park Retail Opportunity

      Flexible retail, office, and warehouse space available in Asbury Park.
      917 3 Ave Unit Bay, Asbury Park, NJ 07712
      View Details

    FAQs

    What type of property is this?
    Retail space - Flexible commercial space in vibrant Asbury Park corridor. Available now.
    Where is this retail space located?
    The property is located at 415 Bond St Asbury Park, NJ.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of Asbury Park with **excellent storefront visibility and strong foot traffic**.; - Flexible 1000 sq ft storefront space suitable for various businesses (retail, office, coffee, restaurant - no hood).; - **Full height windows providing excellent natural light**.
    (866) 201-6210
    Request Owner's contact information
    415 Bond St Asbury Park, NJ 07712
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    415 Bond St
    Asbury Park, NJ 07712
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    415 Bond St Asbury Park, NJ 07712
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Katie Roberts
    (866) 201-6210
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.