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Three-Family Residential Income Property

500 Park Place Avenue Bradley Beach, NJ 07720

500 Park Place Avenue, Bradley Beach, NJ, 07720
$1,650,000
For Sale
$1,650,000

MULTI_FAMILY - Bradley Beach, NJ

Property Size1,560 SF
Lot Size0.11 Acres
Price / SF$1,057
Days on Market119

Property Features for 500 Park Place Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Basement, Bathroom 2, Bedroom 2, Bathroom 3
Parking features
Off Street
Interior features
Attic - Walk Up
Fencing
Fenced
Basement
Full
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

Building Details

Year built
1909
Floors in Building
2
Number of units
12
Listing Agency RE/MAX Revolution
1218 Third Avenue, Wall, NJ
Listed by Richard Davidson · License #8630800
Added: Mar 20 Checked: Jul 16 at 11:06 pm
MLS# 22607340 Listing URL

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-family residential income property includes a main colonial with 3 bedrooms and 1.5 baths, plus a full basement and loft attic. The front home features an updated kitchen and high ceilings in the living room and dining room. A separate rear building provides two additional two-bedroom apartments, and the rear building also includes a basement.

The property sits on a 50x100 corner lot with off-street parking for 2 cars and a 1-car garage, along with a side yard suited for entertaining. All three units have separate gas and electric service.

All three units are currently rented, offering an owner-occupied or investor-friendly configuration. The home is described as being within walking distance to Main Street, Ocean Grove, and Asbury Park, with NJ Transit also noted nearby.

Key Highlights

  • 3‑family property with all 3 units currently rented
  • Main colonial offers 3 bedrooms, 1.5 baths, high ceilings, full basement, and loft attic
  • Two additional rear apartments each include 2 bedrooms, with basement in the rear building

Property Analytics

Property Profile 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 - Triplex with all three units currently rented, including a colonial front home and rear two-bedroom apartments.
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 $1,650,000.
What are key features of this property?
This property features: 3‑family property with all 3 units currently rented; Main colonial offers 3 bedrooms, 1.5 baths, high ceilings, full basement, and loft attic; Two additional rear apartments each include 2 bedrooms, with basement in the rear building
Contact an agent
More about this property
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