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Three-Unit Residential Income Property

500 Park Pl Avenue Bradley Beach, NJ 07720

500 Park Pl Avenue, Bradley Beach, NJ, 07720
$1,725,000
For Sale
$1,725,000

Three rental units on a corner lot with off-street parking, including a private 1-car garage.

Property Size1,560 SF
Price / SF$1,105
Days on Market125

Property Features for 500 Park Pl Avenue

General Information

Standard status
Active
Size
1,560 SF
Property subtype
Multi-Family / Three Family

Building Details

Year Built
1909
Listing agency RE/MAX Revolution
Listed by Richard Davidson · License #8630800
Source Compass
Added: Mar 20 Updated: Jul 21 at 4:07AM Checked: Jul 21 at 4:07AM

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


Investment Insights

Based on property information with market context.

This three-unit residential income property features a main colonial unit with three bedrooms and 1.5 baths, complemented by two additional apartments located in a rear building. The property sits on a 50 x 100 corner lot and offers side-yard space suitable for outdoor entertaining.

Off-street parking is available for two cars, including a one-car garage. Each unit has separate gas and electric services, supporting independent utility arrangements.

All three units are currently rented. The property is described as being within walking distance to Ocean Grove and Asbury Park, and is positioned along a tree-lined walk to Main Street featuring restaurants, bakeries, bowling, Riley Park, and NJ Transit, with additional seasonal activity noted in the immediate area.

Key Highlights

  • 3‑family property with all 3 units currently rented
  • Main unit is a 3‑bedroom, 1.5‑bath colonial; two additional apartments in the rear building
  • 50x100 corner lot with side yard for entertaining

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Locksmith Dental Office (Bike/Boat/Book/etc) Store Florist Butcher Cosmetic Store Nursing Home Supermarket (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three rental units on a corner lot with off-street parking, including a private 1-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 $1,725,000.
What are key features of this property?
This property features: 3‑family property with all 3 units currently rented; Main unit is a 3‑bedroom, 1.5‑bath colonial; two additional apartments in the rear building; 50x100 corner lot with side yard for entertaining
Contact an agent
More about this property
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