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    505 8Th Ave Asbury Park, NJ 07712

    For Sale
    $999,000

    LAND - Asbury Park, NJ

    Property size:
    8,031 SF
    Lot size:
    0.63 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 505 8Th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04-03703-0000-00004
    Size
    8,031 SF
    Lot size
    0.63 Acres

    Sakman Realty (732) 679-8818 [email protected]

    Listing agent Patrick Schiavino (732) 798-8188

    Listing date Nov 5, 2025

    MLS# 22427195 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

    Buildable Lot Near Asbury Park

    This 0.63-acre lot, equivalent to 8,031 square feet, is located in the Northeast quadrant of Asbury Park, New Jersey. Situated just four blocks from the beach and the Asbury Park boardwalk, this property presents an opportunity to build a shore dream home. The property is compliant with the new Additional Dwelling Unit (ADU) Code in Asbury Park, potentially allowing for the construction of a second structure for additional income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

    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
    -74.004182
    Latitude
    40.229571

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    FAQs

    What type of property is this?
    Residential land & home lot - Buildable lot near the beach and boardwalk in Asbury Park.
    Where is this residential land & home lot located?
    The property is located at 505 8Th Ave Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Prime location in the desirable Northeast quadrant of Asbury Park, just 4 blocks from the beach and boardwalk.; - Compliant with Asbury Park's ADU (Additional Dwelling Unit) code, allowing for a second income-generating structure.; - Buildable lot with no variance required, streamlining the construction process.
    (732) 798-8188
    Request Owner's contact information
    505 8Th Ave Asbury Park, NJ 07712
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    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
    505 8Th Ave Asbury Park, NJ 07712
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