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Two-Family Beach Duplex
For Sale
$1,250,000
Pending

349 1st Avenue, Manasquan, NJ 08736

The property includes two residential units with separate utility meters and access from both 1st Avenue and Timber Lane.

Property Size1,619 SF
Lot Size0.07 Acres
Days on Market59

Property Features for 349 1st Avenue

General Information

Standard status Pending
Size 1,619 SF
Lot size 0.07 Acres
Property subtype Duplex

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,966

Building Details

Building Size 1,619 SF
Year Built 1920
Buildings 1
Listing Agency: Ward Wight Sotheby's International Realty
Listed By: Joanne Zapicchi
Source: Sackmanrealty
Added: Aug 25 Changed: Oct 17 Last Checked: Oct 21 at 5:09AM

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

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Investment Insights

Based on property information with market context.

This 1920-built duplex contains two residential units and is identified as a grandfathered two-family home. Separate utility meters support distinct unit operations, while dual access connects the property to both 1st Avenue and Timber Lane.

Located at 349 1st Avenue in Manasquan, New Jersey, the property sits steps from the beach, ocean, boardwalk, and nearby beach destinations. The parcel measures 30' x 96', providing an existing multifamily configuration within a coastal setting.

Key Highlights

  • Grandfathered two‑family home with 2 residential units
  • Separate utility meters for the two units
  • Dual street access from 1st Avenue and Timber Lane

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

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
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 - The property includes two residential units with separate utility meters and access from both 1st Avenue and Timber Lane.
Where is this duplex located?
The property is located at 349 1st Avenue Manasquan, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Grandfathered two‑family home with 2 residential units; Separate utility meters for the two units; Dual street access from 1st Avenue and Timber Lane
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