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    716 Cookman Ave, Unit 101 Asbury Park, NJ 07712

    For Sale
    $679,000

    COMMERCIAL - Asbury Park, NJ

    Property size:
    2,000 SF
    Lot size:
    0.01 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 716 Cookman Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    04-02405-0000-00003-01-C0101
    Parking features
    On Street
    Size
    2,000 SF
    Lot size
    0.01 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Floors in Building
    1

    Space and Company (215) 625-3650

    Listing agent Kenneth Rickel (732) 776-7078

    Listing date Sep 5, 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

    Prime Retail Space on Cookman

    This commercial condominium unit, situated in a prime retail location on Cookman Avenue in Asbury Park, New Jersey, offers approximately 2,000 square feet of ground-level space, complemented by a bonus storage area in the basement. The property features two office areas, two bathrooms, hardwood floors, and central air conditioning. It benefits from frontage on Cookman Avenue and is located across the street from the NJ Transit train and bus station. The condominium has a monthly fee of $540. Note that the property does not have ventilation for a kitchen. This property is intended for commercial use.
    Property Profile 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 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
    -74.012576
    Latitude
    40.215657

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    FAQs

    What type of property is this?
    Retail space - Retail condominium unit in Asbury Park near transportation.
    Where is this retail space located?
    The property is located at 716 Cookman Ave, Unit 101 Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: - Prime location on Cookman Ave, directly across from NJ Transit train and bus station.; - Opportunity to own commercial space instead of paying rent.; - Approximately 2,000 sq ft of ground-level retail space.
    (732) 776-7078
    Request Owner's contact information
    716 Cookman Ave, Unit 101 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
    716 Cookman Ave, Unit 101 Asbury Park, NJ 07712
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