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Three-Unit Detached Triplex

508 Newark Avenue, Bradley Beach, NJ 07720

For Sale
$1,050,000
Pending

Multi-Family, Bradley Beach, NJ

Property SizeContact for details
Lot Size0.10 Acres
Days on Market184

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 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 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 Multi Units, Central Air
Water source Public

Building Details

Year built 1909
Floors in Building 2
Number of units 3
Buildings 3
Listing Agency: EXP Realty
Listed By: Jesse Decker · License NJ #1757548
Added: May 11 Changed: Oct 27 Last Checked: Nov 10 at 10:06AM
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.

Rey
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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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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
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Market

Average Price Trend$/SF for Triplexes in Monmouth County, NJ

$538 Jul
$475 Aug
$551 Sep
$614 Oct

Properties on Market for Triplexes in Monmouth County

Jul
Aug
Sep
Oct

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 - 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
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