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2-Unit Duplex with Yard
New
For Sale
$649,000

1318 2nd Avenue, Asbury Park, NJ 07712

Vacant and furnished, the legal two-family property offers two separate apartments and off-street parking.

Property SizeContact for details
Days on Market7

Property Features for 1318 2nd Avenue

General Information

Standard status Active
Property subtype Duplex

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Furnished Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $9,804

Building Details

Year Built 1920
Listing Agency: Space & Company
Listed By: Kenneth Rickel · License #0893268
Source: Sackmanrealty
Added: Oct 18 Changed: Oct 21 Last Checked: Oct 23 at 4:18PM

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 Space & Company

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Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two apartments, each with two bedrooms and outdoor space. The property is vacant, and furnishings are included. Its legal two-family status allows the residence to function as two units or as a single household property.

A large yard and a long driveway provide outdoor area and off-street parking. The property is on tree-lined 2nd Avenue in NW Asbury, Asbury Park.

Key Highlights

  • Legal two‑family property with two separate apartments
  • Each apartment has two bedrooms and outdoor space
  • Large yard and long driveway with off‑street parking

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,221
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 - Vacant and furnished, the legal two-family property offers two separate apartments and off-street parking.
Where is this duplex located?
The property is located at 1318 2nd Avenue Asbury Park, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Legal two‑family property with two separate apartments; Each apartment has two bedrooms and outdoor space; Large yard and long driveway with off‑street parking
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