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Triplex with Rear Apartments
New
For Sale
$1,599,999

500 Park Pl Avenue, Bradley Beach, NJ 07720

Multi-Family, Bradley Beach, NJ

Property Size1,560 SF
Lot Size0.11 Acres
Price / SF$1,025
Days on Market5

Property Features for 500 Park Pl Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 3
Bathrooms 2
Full bathrooms 3
Half bathrooms 1
Rooms Basement, Bedroom 1, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 2
Parking features Off Street
Interior features Attic - Walk Up
Fencing Fenced
Basement Full
Lot features Corner Lot
Elementary school Bradley Beach
Middle school Bradley Beach
Directions Ocean Avenue or Main Street to Park Place Avenue
Standard status Active
Size 1,560 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities gas, electric

Utilities

Sewer type Public Sewer
Heating system Radiant
Water source Public

Building Details

Year built 1909
Floors in Building 2
Number of units 3
Listing Agency: RE/MAX Revolution
Listed By: Richard Davidson · License #8630800
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 2 at 11:06AM
MLS# 22634133

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.

A 1909 triplex on a 50-by-100-foot corner lot, the property combines a three-bedroom, one-and-a-half-bath colonial at the front with two two-bedroom apartments in a rear building. The main residence has an updated kitchen, high ceilings in its living and dining rooms, a full basement, and a walk-up attic. The rear building also includes a basement. Gas and electric service are separately metered for all three units.

Off-street parking accommodates two cars, with an additional one-car garage. The lot also has a fenced side yard. Public water and public sewer serve the property. Tenancies are on month-to-month leases.

Key Highlights

  • Three residences: a 3‑bedroom, 1.5‑bath main house and two 2‑bedroom apartments
  • 50‑by‑100‑foot corner parcel, approximately 0.11 acres
  • 1,560 square feet of property size

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

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
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?
Triplex - Three separate residences include individual gas and electric service, with off-street parking and a one-car garage.
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 residences: a 3‑bedroom, 1.5‑bath main house and two 2‑bedroom apartments; 50‑by‑100‑foot corner parcel, approximately 0.11 acres; 1,560 square feet of property size
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