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Renovated Two-Story Office Building
For Lease
$31 SF/Yr

700 Summerfield Avenue, Asbury Park, NJ 07712

Commercial Lease, Asbury Park, NJ

Space Size2,500 SF
Lot Size0.03 Acres
Days on Market88

Property Features for 700 Summerfield Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Office, Commercial
Rooms Basement
Parking features On Street
Basement Full
Lot features Corner Lot
Directions Main St to Summerfield Ave. Corner of Bond St & Summerfield Ave.
Standard status Active
APN 04-02506-0000-00002
Size 2,500 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11060

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

kitchenette
bathroom
shower
basement storage
soundproof walls

Building Details

Year built 1919
Floors in Building 2
Flooring type Wood
Building materials Brick
Listing Agency: EXP Realty
Listed By: Katie Roberts
Added: Jun 4 Changed: Aug 19 Last Checked: Aug 30 at 2:06PM
MLS# 22616834

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 renovated brick office building dates to 1919 and contains approximately 2,500 square feet arranged across two floors. Each level includes three private offices, a kitchenette, and a bathroom; the second-floor bathroom also has a full shower. Wood flooring, recessed lighting, central air, and included furnishings are among the existing features. A full basement provides additional storage, while soundproof wall construction remains from the property’s former recording-studio configuration.

The property has public water and public sewer service, with on-street parking. Space can be leased by individual office, by floor, or as the entire building, with layout modifications and build-out options available. The building is scheduled to be available in September 2026.

Key Highlights

  • Approximately 2,500 SF across two floors
  • Three private offices, kitchenette, and bathroom on each level
  • Second‑floor bathroom includes a full shower

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Accounting Firm Locksmith Garden Center Auto Parts Store Florist

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
$4.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,179
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Brick office property with private rooms, kitchenettes, showers, furnishings, and basement storage.
Where is this office building located?
The property is located at 700 Summerfield Avenue Asbury Park, NJ.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Approximately 2,500 SF across two floors; Three private offices, kitchenette, and bathroom on each level; Second‑floor bathroom includes a full shower
More about this property
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