Mixed-Use Property with Rear
1310 Asbury Avenue, Asbury Park, NJ 07712
For Sale
New
$775,000
Commercial Sale, Asbury Park, NJ
Property Size3,543 SF
Lot Size0.11 Acres
Price / SF$218.74
Days on Market1
Property Features for 1310 Asbury Avenue
General Information
Property type
Property subtype
Parking
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Listing Agency:
Real Broker, LLC
Listed By:
Michele Gibson
(855) 450-0442
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 22635932
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1909, the 3,543-square-foot property contains five units: two commercial spaces and three one-bedroom apartments. One commercial space has been renovated. One apartment is located above the detached garage at the rear of the property. A paved driveway provides access to the garage, and off-street parking is listed among the property features. Public water and sewer serve the site.
The building sits on a 0.11-acre lot at 1310 Asbury Avenue in Asbury Park. A vacant lot at 631 Church Street, adjoining the rear of the property, is also included in the sale.
The building sits on a 0.11-acre lot at 1310 Asbury Avenue in Asbury Park. A vacant lot at 631 Church Street, adjoining the rear of the property, is also included in the sale.
Key Highlights
- Five units: two commercial spaces and three one‑bedroom apartments
- 3,543 square feet; built in 1909
- One commercial space has been renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,484
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,680
$1.1M
Cap Rate 7%
$778,343
$778.3K
Cap Rate 9%
$605,378
$605.4K
Market Conditions
NOI Build-Up for 3,543 SF
Gross rent
$106.3K $30.00/SF
− Vacancy
−$7.2K −$2.04/SF
EGI
$99.1K $27.96/SF
− OpEx
−$44.6K −$12.58/SF
NOI
$54.5K $15.38/SF
Area
Monmouth County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,680
Cap Rate 7%
$778,343
Cap Rate 9%
$605,378
Alternative Uses
Best Use
Apartment 5plus
$778.3K
$681.1K – $908.1K
NOI $54,484 @ 7.0% cap · market cap 7.03%
Second Best
Retail
$722.4K
$632.1K – $842.8K
NOI $50,570 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$925.1K
$809.5K – $1.08M
NOI $64,760 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
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Business Placement
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
$578,300
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Monmouth County, NJ
Properties on Market for Mixed-use properties in Monmouth County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines commercial space, apartments, and a detached garage in a single mixed-use configuration.
Where is this mixed-use property located?
The property is located at 1310 Asbury Avenue Asbury Park, NJ.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Five units: two commercial spaces and three one‑bedroom apartments; 3,543 square feet; built in 1909; One commercial space has been renovated
