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    1406 Main St Asbury Park, NJ 07712

    For Sale
    $1,999,999

    Landmark building with attached parking lot, currently leased.

    Lot size:
    0.40 Acres

    Property Features for 1406 Main St

    General Information

    Lot size
    0.40 Acres

    Building Details

    Year built
    1957

    Source: Liberty Realty, LLC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Building with Parking Lot

    This iconic building, accompanied by an attached parking lot, is available for sale. Currently, the property is leased to and operated as Frank's Deli. The existing business is also available for sale under separate listing ID #22405799. The property offers potential for expansion, benefiting from its attached private parking lot.
    Location Intelligence

    Current Use by Public Records

    Breakfast & diners

    Similar Places Nearby

    selah ocean grove, The Ocean View Inn, Bagel Talk, Manchester Inn, Pitman Place at Ocean Grove

    Map

    City
    Asbury Park
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0521
    Latitude
    40.2492

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    FAQs

    What type of property is this?
    Breakfast & diner - Landmark building with attached parking lot, currently leased.
    Where is this breakfast & diner located?
    The property is located at 1406 Main St Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: - Iconic, revered landmark building available for sale.; - Includes attached private parking lot.; - Currently leased and operated by Frank's Deli.
    (201) 610-1010
    Request Owner's contact information
    1406 Main St 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
    1406 Main St Asbury Park, NJ 07712
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