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Three-Unit Detached Triplex
For Sale
$1,050,000
Pending

508 Newark Avenue, Bradley Beach, NJ 07720

Multi-Family, Bradley Beach, NJ

Property SizeContact for details
Lot Size0.10 Acres
Days on Market133

Property Features for 508 Newark Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Basement Walk-Out Access, Full
Elementary school Bradley Beach
Middle school Bradley Beach
Directions To reach 508 Newark Avenue in Bradley Beach, take Main Street to Park Place Avenue, then turn toward the ocean and make a left onto Fletcher Lake Avenue followed by a left onto Newark Avenue, which is a one-way street. Alternatively, if arriving from the beach, take Ocean Avenue to Newark Avenue and head west.
Standard status Pending
APN 08-00007-0000-00007
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8416

Utilities

Sewer type Public Sewer
Cooling system Central Air, Multi Units
Water source Public

Building Details

Year built 1909
Floors in Building 2
Number of units 3
Listing Agency: EXP Realty
Listed By: Jesse Decker · License #1757548
Added: May 11 Changed: Sep 16 Last Checked: Sep 20 at 11:06PM
MLS# 22613550

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 legal three-family property comprises three detached buildings on a 0.10-acre lot. The primary front residence includes two bedrooms, one full bathroom, a porch, and a full basement. Two additional rear structures each provide one bedroom and one bathroom, creating a distinct three-unit configuration.

Built in 1909, the property has central air and multi-unit cooling, along with public water and public sewer service. The Bradley Beach setting places the property five blocks from the ocean and near Main Street dining and transit. The separate-building arrangement offers flexibility for residential income use or multi-generational occupancy.

Key Highlights

  • Three detached structures configured as a legal three‑family property
  • Front house includes 2 bedrooms, 1 full bath, porch, and full basement
  • Two rear buildings each contain 1 bedroom and 1 bathroom

Property Analytics

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Current Use

Triplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,164
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Legal three-family layout spans separate structures with public utilities.
Where is this triplex located?
The property is located at 508 Newark Avenue Bradley Beach, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three detached structures configured as a legal three‑family property; Front house includes 2 bedrooms, 1 full bath, porch, and full basement; Two rear buildings each contain 1 bedroom and 1 bathroom
More about this property
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