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Quadplex with Carriage House
For Sale
$1,400,000

509 4Th Ave, Asbury Park, NJ 07712

MULTI_FAMILY - Asbury Park City, NJ

Property SizeContact for details
Lot Size0.17 Acres
Days on Market48

Property Features for 509 4Th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 7, Bathroom 5, Basement, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 5
Parking 2
Exterior features Carriage House
Directions From Rt. 35, take Asbury Ave. east to 4th Ave. Property is on the right.
Standard status Active
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 23655

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Hot Water(Heating)
Water source Public

Building Details

Year built 1930
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: REALTY ONE GROUP PRODIGY
Listed By: WENDY MARTINEZ
Added: Jul 1 Changed: Aug 13 Last Checked: Aug 17 at 6:06AM
MLS# 4037853

Copyright © 2026 Garden State MLS, LLC. 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.

This tenant-occupied quadplex includes an exterior carriage house and was built in 1930. Heating is provided by hot water systems, and the roof is shingle. The property includes a basement and multiple bedrooms and bathrooms across the available rooms.

The site is located at 509 4th Ave in Asbury Park City, Monmouth County, New Jersey. The lot size is 0.17 acres, with public water and public sewer service available to the property.

Please note the seller requests 24-hour notice for all showings and no for sale signs.

Key Highlights

  • Tenant‑occupied quadplex with a carriage house
  • 0.17‑acre lot
  • Built in 1930

Property Analytics

Current Use

Quadplexes

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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,294
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?
Quadplex - Tenant-occupied quadplex with a carriage house, hot water heating, and public water and public sewer service.
Where is this quadplex 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 quadplex with a carriage house; 0.17‑acre lot; Built in 1930
More about this property
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