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    710 Mattison Ave Asbury Park, NJ 07712

    For Sale
    $5,000,000

    COMMERCIAL - Asbury Park, NJ

    Property size:
    39,600 SF
    Lot size:
    0.30 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 710 Mattison Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    04-02402-0000-00003
    Parking features
    Offsite
    Size
    39,600 SF
    Lot size
    0.30 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1911
    Floors in Building
    5

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

    Listing agent Matthew Warncke (732) 798-8188

    Listing date Sep 17, 2025

    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

    Asbury Park Microunit Development Site

    This downtown building in Asbury Park, NJ, presents a perfect opportunity zone investment. Approved for 48 microunit apartments, the property includes a development site and The Savoy Theater, one of the last remaining historic theaters in Asbury Park. The Savoy, designed by Casino architect William Cottrell, originally served as a live entertainment venue, hosting Vaudeville performances and touring shows featuring artists such as Loise Brooks, Milton Berle, and James Cagney. The seller is also offering the property across the street to fulfill development parking requirements, along with a liquor license suitable for restaurant use. The property size is 39600 square feet and the lot size is 0.3 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Opportunity zone commercial ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -74.012326
    Latitude
    40.21642

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    FAQs

    What type of property is this?
    Opportunity zone commercial real estate - Approved 48-unit microunit apartment development with historic theater.
    Where is this opportunity zone commercial real estate located?
    The property is located at 710 Mattison Ave Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - Prime Downtown Location: Desirable area in Asbury Park.; - Approved for 48 Microunit Apartments: Ready-to-develop project in place.; - Includes Historic Savoy Theater: Unique architectural and cultural asset.
    (732) 798-8188
    Request Owner's contact information
    710 Mattison 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
    710 Mattison Ave Asbury Park, NJ 07712
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