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Two-Property Apartment Portfolio
For Sale
Contact for pricing
Pending

1215 Springwood Ave, Asbury Park, NJ 07712

The offering includes two separately identified apartment properties in Asbury Park.

Property SizeContact for details
Days on Market142

Property Features for 1215 Springwood Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: The Kislak Company Inc Woodbridge
Listed By: Daniel Lanni · License #NJ 0560404
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:56PM

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 The Kislak Company Inc Woodbridge

Investment Insights

Based on property information with market context.

This apartment portfolio includes two separately identified residential properties in Asbury Park, New Jersey. Springwood Flats at 1215 Springwood Avenue contains 32 residential units, while The Washington at 1266 Washington Avenue contains 17 residential units.

The assets are presented together as one offering, with each property identified by name, address, and unit count. The portfolio includes a 32-unit building and a 17-unit building across the two stated addresses.

Key Highlights

  • Two apartment properties offered together
  • Springwood Flats includes 32 residential units
  • The Washington includes 17 residential units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith Florist Butcher (Bike/Boat/Book/etc) Store Accounting Firm Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,763
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The offering includes two separately identified apartment properties in Asbury Park.
Where is this apartment building located?
The property is located at 1215 Springwood Ave Asbury Park, NJ.
What are key features of this property?
This property features: Two apartment properties offered together; Springwood Flats includes 32 residential units; The Washington includes 17 residential units
(732) 750-3000 Call to check price and availability
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