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Ground-Floor Corner Retail Space
For Lease
$30 SF/Yr

601 Lake Avenue, Asbury Park, NJ 07712

Commercial Lease, Asbury Park, NJ

Space Size4,000 SF
Lot Size0.14 Acres
Days on Market188

Property Features for 601 Lake Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Office, Multi-Family, Retail, Professional, Multi-Use, Mixed, Conforming Use, Commercial, Central Business
Parking features On Street
Basement Crawl Space
Lot features Irregular Lot, Lake on Lot, Level, Corner Lot
Directions Asbury Park Central Business District
Subdivision SE Asbury Pk
Standard status Active
APN 04-02404-0000-00009
Lot size 0.14 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public
Water front features Lake Front
Water front 1

Amenities

views of Wesley Lake

Building Details

Floors in Building 2
Flooring type Tile
Listing Agency: Sackman Realty
Listed By: Morgan Sackman · License #1435259
Added: Mar 17 Changed: Sep 7 Last Checked: Sep 20 at 5:06PM
MLS# 22606913

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 4,000 SF ground-floor retail space occupies a corner position at 601 Lake Avenue in Asbury Park. The premises can be divided and feature tile flooring, forced-air heating, and central air conditioning. The property sits on a 0.14-acre lot with lake frontage, on-street parking, and public water and sewer service.

The location is part of Asbury Park’s retail and entertainment corridor, near restaurants, boutiques, seasonal beach and boardwalk activity, and local events. Wesley Lake views and prominent frontage add visibility to the site, while the surrounding mix of year-round attractions supports retail and service-oriented occupancy.

Key Highlights

  • 4,000 SF ground‑floor retail space
  • Corner position with frontage and Wesley Lake views
  • Divisible layout for flexible space planning

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Locksmith Florist Butcher (Bike/Boat/Book/etc) Store Nursing Home

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

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,105
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 39% Home Improvements & Furnishings 2%
Burger King Dining
7,250 visits/mo 0.4 miles
7-Eleven Shops & Services
7,091 visits/mo 0.3 miles
PNC Bank Shops & Services
6,825 visits/mo 0.3 miles
Dunkin' Donuts Dining
6,671 visits/mo 0.2 miles
Family Dollar Shops & Services
5,323 visits/mo 0.3 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
View Realmo Analytics

Market

Lease Benchmarks for Asbury Park, NJ

$27.41 /SF/Yr
Avg Asking Price
$14.69–$32 /SF/Yr
Price Range
2,664 SF
Avg Space Size

This space is priced 9% above the average of $27.41 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space with corner exposure and Wesley Lake views.
Where is this retail space located?
The property is located at 601 Lake Avenue Asbury Park, NJ.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 4,000 SF ground‑floor retail space; Corner position with frontage and Wesley Lake views; Divisible layout for flexible space planning
More about this property
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