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Legal Three-Family Triplex with Detached Buildings
For Sale
$1,050,000

508 Newark Avenue, Bradley Beach, NJ 07720

MULTI_FAMILY - Bradley Beach, NJ

Property SizeContact for details
Lot Size0.10 Acres
Days on Market94

Property Features for 508 Newark Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bathroom 3, Basement, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2
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 Active
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
Listing Agency: EXP Realty
Listed By: Jesse Decker · License #1757548
Added: May 11 Changed: Aug 10 Last Checked: Aug 12 at 3:06AM
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.

Investment Insights

Based on property information with market context.

Legal three-family triplex featuring three separate detached structures on one lot. The front house includes two bedrooms, a full bathroom, a porch, and a full basement. Two additional detached rear buildings each provide one bedroom and one full bathroom, creating a clear, self-contained layout across the three units.

The property was built in 1909 and includes central air cooling. Utilities include public water service and public sewer. The lot size is 0.1 acres.

This configuration supports a straightforward residential income setup with independent detached structures while still offering flexibility for multiple household arrangements.

Key Highlights

  • Legal three‑family triplex with three detached structures on one lot
  • Front house has two bedrooms, a full bath, porch, and full basement
  • Two rear detached buildings each offer one bedroom and one full 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

665
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-family triplex with three detached structures on one 0.1-acre lot, plus central air.
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: Legal three‑family triplex with three detached structures on one lot; Front house has two bedrooms, a full bath, porch, and full basement; Two rear detached buildings each offer one bedroom and one full bath
More about this property
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