Newer Apartment Building with
For Sale
$10,995,000
33 Union Avenue, Manasquan, NJ 08736
Newly completed 23-unit building offers mostly two-bedroom layouts with in-unit stackable washers and private storage.
Property SizeContact for details
Days on Market62
Property Features for 33 Union Avenue
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Multifamily Units
23
Taxes and HOA fees
Annual Taxes
$74,601
Amenities
Central air
Assigned
Central Air Cooling
Covered
Forced Air Heating
Handicapped
Off Site
Off Street
On Site
On Street
Paver Block
Reserved
Sidewalks
Tile Flooring
Vinyl Flooring
Building Details
Year Built
2024
Listing Agency:
WARD WIGHT SOTHEBY'S INTERNATIONAL REALTY
(732) 449-3322
Listed By:
KEITH W KERNAN · License #0560338
Source:
Corcoran
Added: Jun 10
Changed: Aug 9
Last Checked: Aug 10 at 5:28AM
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 WARD WIGHT SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
The Reef is a 23-unit apartment building completed in 2024, offering one- and two-bedroom residences, with most units configured as two bedrooms. Unit sizes range from approximately 772 to 1,363 square feet. Interior finishes are described as high-end, including custom kitchen layouts with full stainless steel appliance packages. In-unit laundry is provided with stackable washer and dryer units. Balconies are available in some units, and every unit includes a private, lockable storage unit, supporting tenant convenience and organization.
The property is located in-town in Manasquan and is approximately 1.3 miles from the Manasquan beaches. It is also described as being in close proximity to NJ Transit, with rail transportation to North Jersey and NYC, connecting residents to regional employment and travel options.
For buyers or operators seeking a newer multifamily asset in Manasquan, The Reef presents a relatively contemporary unit mix with modern kitchen and laundry features and consistent storage across all units. The presence of balconies in select apartments adds a lifestyle component for tenants, while the range of one- and two-bedroom layouts can help accommodate different household needs within a single ownership platform.
The property is located in-town in Manasquan and is approximately 1.3 miles from the Manasquan beaches. It is also described as being in close proximity to NJ Transit, with rail transportation to North Jersey and NYC, connecting residents to regional employment and travel options.
For buyers or operators seeking a newer multifamily asset in Manasquan, The Reef presents a relatively contemporary unit mix with modern kitchen and laundry features and consistent storage across all units. The presence of balconies in select apartments adds a lifestyle component for tenants, while the range of one- and two-bedroom layouts can help accommodate different household needs within a single ownership platform.
Key Highlights
- Newly completed 23‑unit apartment building built in 2024
- Unit mix features one- to two‑bedroom apartments, mostly two‑bedroom layouts, about 772 to 1,363 SF
- All units include in‑unit stackable washer/dryer and private lockable storage units
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly completed 23-unit building offers mostly two-bedroom layouts with in-unit stackable washers 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: Newly completed 23‑unit apartment building built in 2024; Unit mix features one- to two‑bedroom apartments, mostly two‑bedroom layouts, about 772 to 1,363 SF; All units include in‑unit stackable washer/dryer and private lockable storage units
