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Corner-Lot Triplex with Garage
For Sale
$1,599,900

500 Park Place Avenue, Bradley Beach, NJ 07720

MULTI_FAMILY - Bradley Beach, NJ

Property Size1,560 SF
Lot Size0.11 Acres
Price / SF$1,025
Days on Market154

Property Features for 500 Park Place 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 Bedroom 3, Basement, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2, 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 Main Street or Ocean Avenue to Park Place
Standard status Active
APN 08-00018-0000-00011
Size 1,560 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9587

Utilities

Sewer type Public Sewer
Heating system Radiant
Water source Public

Amenities

updated kitchen
high ceilings
basement
loft attic
off street parking
garage
side yard

Building Details

Year built 1909
Floors in Building 2
Number of units 12
Listing Agency: RE/MAX Revolution
Listed By: Richard Davidson · License #8630800
Added: Mar 20 Changed: Aug 8 Last Checked: Aug 20 at 11:06AM
MLS# 22607340

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.

Investment Insights

Based on property information with market context.

This three-unit property combines a main three-bedroom, 1.5-bath colonial with two additional two-bedroom apartments in a rear building. The front residence includes an updated kitchen, high ceilings in the living room and dining room, a full basement, and a walk-up loft attic. The rear building also has a basement. Total property size is 1560 square feet on a 0.11-acre corner lot measuring 50x100. All three units are currently rented, with separate gas and electric service for each. Improvements include radiant heating, public water and sewer, off-street parking for 2 cars, and a 1-car garage. A fenced side yard provides additional outdoor space. The property is near Main Street, NJ Transit, Ocean Grove, and Asbury Park.

Key Highlights

  • Three‑unit property with one 3‑bedroom residence and two 2‑bedroom apartments
  • All 3 units currently rented with separate gas and electric service
  • 0.11‑acre corner lot measuring 50x100

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Locksmith Dental Office (Bike/Boat/Book/etc) Store Florist Butcher Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three rented units offer separate gas and electric service, off-street parking, and a fenced side yard.
Where is this triplex located?
The property is located at 500 Park Place Avenue Bradley Beach, NJ.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: Three‑unit property with one 3‑bedroom residence and two 2‑bedroom apartments; All 3 units currently rented with separate gas and electric service; 0.11‑acre corner lot measuring 50x100
More about this property
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