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Studio Residential Income Property
New
For Sale
$349,900

302 5th Ave 2, Asbury Park, NJ 07712

First-floor studio with a separate galley kitchen, updated finishes, and lake views from the windows.

Property SizeContact for details
Days on Market3

Property Features for 302 5th Ave 2

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

HOA Fee $237

Taxes and HOA fees

Annual Taxes $5,613

Amenities

laundry room
Listing Agency: COMPASS NEW JERSEY, LLC
Listed By: Matthew C Perasso
Source: Elliman
Added: Oct 4 Last Checked: Oct 5 at 5:11PM

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 COMPASS NEW JERSEY, LLC

Investment Insights

Based on property information with market context.

This first-floor studio at 302 5th Ave 2 has a corridor leading to the main living area, with recessed lighting and a separate galley kitchen. The kitchen features ceiling-height wood cabinetry, stainless steel appliances, granite counters, and a subway-tile backsplash. Additional features include a wall-mounted AC unit, custom curtains, and windows oriented toward afternoon light and views of the lake. The laundry room is nearby, and parking is located behind the building.

The property is across from Sunset Lake and Park and next to the Asbury Hotel. The Boardwalk, Wonder Bar, and Lido building are two blocks away.

Key Highlights

  • First‑floor studio with a separate galley kitchen
  • Kitchen includes ceiling‑height wood cabinets, stainless steel appliances, granite countertops, and subway‑tile backsplash
  • Windows provide lake views and afternoon light

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Auto Parts Store Florist Accounting Firm Cosmetic Store (Bike/Boat/Book/etc) Store

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

729
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
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Frequently Asked Questions

What type of property is this?
Residential income property - First-floor studio with a separate galley kitchen, updated finishes, and lake views from the windows.
Where is this residential income property located?
The property is located at 302 5th Ave 2 Asbury Park, NJ.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: First‑floor studio with a separate galley kitchen; Kitchen includes ceiling‑height wood cabinets, stainless steel appliances, granite countertops, and subway‑tile backsplash; Windows provide lake views and afternoon light
More about this property
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