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Tenant-Occupied Multifamily Property
For Sale
$1,400,000

509 4th Ave, Asbury Park, NJ 07712

Built in 1930 and currently occupied by tenants.

Property SizeContact for details
Days on Market45

Property Features for 509 4th Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1930
Listing Agency: REALTY ONE GROUP PRODIGY
Listed By: WENDY MARTINEZ
Source: Thebansalteam
Added: Jul 21 Changed: Sep 3 Last Checked: Sep 1 at 10:09PM

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 REALTY ONE GROUP PRODIGY

Investment Insights

Based on property information with market context.

This multifamily property was constructed in 1930 and is currently tenant-occupied. The asset is located at 509 4th Ave in Asbury Park City, New Jersey.

Showings require 24-hour advance notice. The seller requests that no for-sale signs be placed at the property.

Key Highlights

  • Tenant‑occupied multifamily property
  • Constructed in 1930
  • Located at 509 4th Ave, Asbury Park City, NJ 07712

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Parking Lot & Garage Daycare Center Locksmith Cosmetic Store (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

855
Businesses Nearby

Demographics for 07712, NJ

39,397
Population
19,321
Households
2
Avg Household Size
42
Median Age
49%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,229
Density / Sq Mi
$95,691
Median Household Income
$51,924
Median Earnings
$1,496
Median Rent
$578,300
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?
Multifamily property - Built in 1930 and currently occupied by tenants.
Where is this multifamily property located?
The property is located at 509 4th Ave Asbury Park, NJ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Tenant‑occupied multifamily property; Constructed in 1930; Located at 509 4th Ave, Asbury Park City, NJ 07712
More about this property
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