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Detached Three-Unit Property
For Sale
$1,175,000

508 Newark Avenue, Bradley Beach, NJ 07720

Three detached residences share one lot near ocean access, Main Street dining, and public transit.

Property SizeContact for details
Days on Market112

Property Features for 508 Newark Avenue

General Information

Standard status Active
Property subtype Multi Family Home

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $8,416

Amenities

porch

Building Details

Year Built 1909
Buildings 3
Units 3
Listing Agency: EXP Realty
Listed By: Jesse Decker · License #1757548
Source: Michaelfraulo
Added: May 11 Changed: Aug 29 Last Checked: Aug 29 at 1:29PM

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 EXP Realty

Investment Insights

Based on property information with market context.

This three-family property comprises three separate detached buildings on a single lot. The front residence includes two bedrooms, one full bathroom, a porch, and a full basement. Two rear structures each provide one bedroom and one bathroom, creating a distinct three-unit configuration with outdoor space between the buildings.

The property is located at 508 Newark Avenue in Bradley Beach, five blocks from the ocean and near Main Street dining and transit. Built in 1909, the asset offers a residential layout suited to buyers seeking multiple independent living spaces in a coastal community.

Key Highlights

  • Three detached residential buildings on one lot
  • Front house includes 2 bedrooms, 1 full bath, porch, and full basement
  • Two rear buildings each contain 1 bedroom and 1 bath

Property Analytics

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

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 - Three detached residences share one lot near ocean access, Main Street dining, and public transit.
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 $1,175,000.
What are key features of this property?
This property features: Three detached residential buildings on one lot; Front house includes 2 bedrooms, 1 full bath, porch, and full basement; Two rear buildings each contain 1 bedroom and 1 bath
More about this property
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