Three-Unit Corner
For Sale
$1,599,999
500 Park Pl Avenue, Bradley Beach, NJ 07720
A colonial residence and rear apartments offer separate gas and electric service for each unit.
Property Size1,560 SF
Lot Size0.11 Acres
Price / SF$1,025
Days on Market8
Property Features for 500 Park Pl Avenue
General Information
Standard status
Active
Size
1,560 SF
Lot size
0.11 Acres
Property subtype
Multi-family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/1.5BA, 2 x 2BR
Multifamily Units
3
Individually Metered Utilities
gas, electric
Additional Details
Tenant in Place
Yes
Amenities
side yard
Building Details
Year Built
1909
Buildings
2
Listing Agency:
RE/MAX Revolution
Listed By:
Richard Davidson · License #8630800
(732) 859-7239
Source:
Actionplusrealty
Added: Oct 26
Changed: Nov 1
Last Checked: Nov 1 at 6:41AM
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 RE/MAX Revolution
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Investment Insights
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Set on a 50-by-100-foot corner lot, this three-unit property combines a colonial home with a separate rear building. The main residence has three bedrooms, one and a half bathrooms, a full basement, and a loft attic. Its living and dining rooms feature high ceilings, and the kitchen has been updated. The rear building contains two additional two-bedroom apartments and a basement. Tenants are on month-to-month leases. Separate gas and electric service is provided to all three units.
The property includes off-street parking for two cars, a one-car garage, and a side yard. Main Street, with restaurants, bakeries, and bowling, is a short walk away. Riley Park and NJ Transit are also nearby. Ocean Grove and Asbury Park are within walking distance. The home was built in 1909.
The property includes off-street parking for two cars, a one-car garage, and a side yard. Main Street, with restaurants, bakeries, and bowling, is a short walk away. Riley Park and NJ Transit are also nearby. Ocean Grove and Asbury Park are within walking distance. The home was built in 1909.
Key Highlights
- Three units: one three‑bedroom, 1.5‑bath colonial and two two‑bedroom apartments
- 50‑by‑100‑foot corner lot
- Main residence includes a full basement and loft attic; rear building also has a basement
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
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Business Placement
Demographics for 07720, NJ
4,175
Population
2,836
Households
1.5
Avg Household Size
47
Median Age
67%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
6,958
Density / Sq Mi
$94,722
Median Household Income
$52,661
Median Earnings
$1,710
Median Rent
$857,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - A colonial residence and rear apartments offer separate gas and electric service for each unit.
Where is this triplex located?
The property is located at 500 Park Pl Avenue Bradley Beach, NJ.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Three units: one three‑bedroom, 1.5‑bath colonial and two two‑bedroom apartments; 50‑by‑100‑foot corner lot; Main residence includes a full basement and loft attic; rear building also has a basement
