The Reef 23-Unit Apartment
For Sale
$10,995,000
33 Union Avenue, Manasquan, NJ 08736
Commercial Sale, Manasquan, NJ
Property SizeContact for details
Lot Size0.64 Acres
Days on Market139
Property Features for 33 Union Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Offsite, Assigned, RV, On Street, Off Street, Covered
Interior features
Handicapped
Exterior features
Lighting
Accessibility
Accessible Approach with Ramp
Lot features
Sidewalks
Directions
Route 71 / Union Avenue to The Reef
Standard status
Active
APN
29-00066-02-00031-01
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
74601
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
balconies
private lockable storage units
stackable washer & dryer
stainless steel appliances
Building Details
Year built
2024
Floors in Building
3
Flooring type
Tile, Vinyl
Buildings
1
Listing Agency:
Ward Wight Sotheby's International Realty
Listed By:
Keith W Kernan
(732) 449-3322
Added: Jun 10
Changed: Oct 26
Last Checked: Oct 26 at 10:06AM
MLS# 22617427
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.
The Reef is a 23-unit apartment building completed in 2024 at 33 Union Avenue in Manasquan, New Jersey. The one- and two-bedroom residences measure approximately 772 to 1,363 square feet, with most offering two bedrooms. Interior features include custom kitchen layouts, full stainless-steel appliance packages, stackable washer and dryer units, vinyl and tile flooring, central air, and forced-air heating. Some apartments include balconies, while every unit has a private lockable storage unit.
The 0.64-acre property is approximately 1.3 miles from the Manasquan beaches and is near NJ Transit rail service to North Jersey and New York City. Site features include public water and public sewer, accessible approach with ramp, exterior lighting, and a range of parking options including assigned, covered, off-street, offsite, on-street, and RV parking.
The 0.64-acre property is approximately 1.3 miles from the Manasquan beaches and is near NJ Transit rail service to North Jersey and New York City. Site features include public water and public sewer, accessible approach with ramp, exterior lighting, and a range of parking options including assigned, covered, off-street, offsite, on-street, and RV parking.
Key Highlights
- 23‑unit apartment building completed in 2024
- One- to two‑bedroom units range from approximately 772 to 1,363 square feet
- Most residences feature two bedrooms; private lockable storage is provided for all units
Property Analytics
Who owns this building?
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Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
1,017
Businesses Nearby
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Business Placement
Demographics for 08736, NJ
12,566
Population
6,155
Households
2
Avg Household Size
49
Median Age
70%
College-Educated
99%
High-School Grad
4.7 sq mi
ZIP Area
2,674
Density / Sq Mi
$170,042
Median Household Income
$72,924
Median Earnings
$1,838
Median Rent
$849,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Completed in 2024, the property offers modern apartments with stainless-steel appliances, in-unit laundry, and private storage.
Where is this apartment building located?
The property is located at 33 Union Avenue Manasquan, NJ.
What is the asking price?
The asking price for this property is $10,995,000.
What are key features of this property?
This property features: 23‑unit apartment building completed in 2024; One- to two‑bedroom units range from approximately 772 to 1,363 square feet; Most residences feature two bedrooms; private lockable storage is provided for all units
