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

508 Newark Avenue, Bradley Beach, NJ 07720

Three separate buildings on one parcel offer a distinct layout for residential occupancy.

Property SizeContact for details
Days on Market125

Property Features for 508 Newark Avenue

General Information

Standard status Pending
Property subtype Three Family

Units

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

Additional Details

Public Transit Yes

Amenities

porch

Building Details

Year Built 1909
Buildings 3
Listing Agency: EXP Realty
Listed By: Jesse Decker · License #1757548
Source: Defelicerealtygroup
Added: Jul 1 Changed: Oct 31 Last Checked: Oct 31 at 3:05AM

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

Rey
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Investment Insights

Based on property information with market context.

This legal three-family property comprises three detached buildings on one lot. The front house has two bedrooms, one full bath, a porch, and a full basement. Two rear structures each contain one bedroom and one bath. The property was built in 1909.

The address is 508 Newark Avenue in Bradley Beach, five blocks from the ocean and near Main Street dining and transit.

Key Highlights

  • Three detached structures on one lot
  • Front house includes two bedrooms, a full bath, porch, and full basement
  • Each of the two rear buildings has one bedroom and one bath

Property Analytics

Who owns this building? See the owner, sales and loan history
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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

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 - Three separate buildings on one parcel offer a distinct layout for residential occupancy.
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 on one lot; Front house includes two bedrooms, a full bath, porch, and full basement; Each of the two rear buildings has one bedroom and one bath
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