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Vacant Duplex with Garage Apartment
For Sale
$550,000

119 Ridge Ave, Asbury Park, NJ 07712

Separate residences accompany an upper-level apartment, private driveway, and spacious lot.

Property SizeContact for details
Days on Market83

Property Features for 119 Ridge Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1925
Tenancy Multi
Listing Agency: Realty One Group Open Door
Listed By: Michael Crocitto, Gianna Crocitto · License #2295566
Source: Goldstandardrealty
Added: Jul 27 Changed: Oct 12 Last Checked: Oct 7 at 4:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Open Door

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Investment Insights

Based on property information with market context.

Built in 1925, this vacant duplex contains two separate living spaces along with an apartment positioned above a detached garage. The property also includes a private driveway and a spacious lot, creating a multi-component residential layout. It is being offered strictly in as-is condition.

The property is located at 119 Ridge Avenue in Asbury Park, New Jersey, near the city’s beaches, downtown, shopping, dining, and transportation. The configuration combines a two-family residence with additional apartment space in a detached structure.

Key Highlights

  • Vacant two‑family property with two separate living spaces
  • Detached garage includes an apartment above
  • Private driveway and spacious lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Accounting Firm Locksmith Florist Butcher Electrical Service (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,115
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate residences accompany an upper-level apartment, private driveway, and spacious lot.
Where is this duplex located?
The property is located at 119 Ridge Ave Asbury Park, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Vacant two‑family property with two separate living spaces; Detached garage includes an apartment above; Private driveway and spacious lot
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