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Mixed-Use Property with Historic Theater
For Sale
$5,000,000

710 Mattison Avenue, Asbury Park, NJ 07712

Plans call for 48 micro-unit apartments alongside the Savoy Theater, a former live-entertainment venue.

Property Size39,600 SF
Price / SF$126.26
Days on Market534

Property Features for 710 Mattison Avenue

General Information

Standard status Active
Size 39,600 SF
Property subtype Commercial

Additional Details

Opportunity Zone Yes

Building Details

Building Size 39,600 SF
Year Built 1911
Stories 3
Listing Agency: Sackman Realty
Listed By: Matthew Warncke
Source: Cammarotarealestate
Added: May 8, 2025 Changed: Oct 22 Last Checked: Oct 22 at 2:13PM

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 Sackman Realty

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Investment Insights

Based on property information with market context.

This downtown mixed-use property combines a development site approved for 48 micro-unit apartments with the Savoy Theater, a historic venue in Asbury Park. The building dates to 1911, and the theater was designed by William Cottrell, architect of the Casino. Its history includes use as a Vaudeville and touring performance house, with Loise Brooks, Milton Berle, and James Cagney among its performers.

A separate property across the street is also available from the seller to address development parking needs. A liquor license for restaurant use is also offered.

Key Highlights

  • Approved plans for 48 micro‑unit apartments
  • Includes the historic Savoy Theater in downtown Asbury Park
  • Built in 1911

Property Analytics

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Current Use

Theaters & concert halls

Suggested Use

Top Pick Dental Office Accounting Firm Locksmith Garden Center Florist Butcher

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

2,097
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?
Mixed-use property - Plans call for 48 micro-unit apartments alongside the Savoy Theater, a former live-entertainment venue.
Where is this mixed-use property located?
The property is located at 710 Mattison Avenue Asbury Park, NJ.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Approved plans for 48 micro‑unit apartments; Includes the historic Savoy Theater in downtown Asbury Park; Built in 1911
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