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Ground-Floor Restaurant
New
For Sale
$300,000

521 Cookman Avenue, Asbury Park, NJ 07712

Commercial Sale, Asbury Park, NJ

Property SizeContact for details
Lot Size0.03 Acres
Days on Market7

Property Features for 521 Cookman Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Office, Retail, Commercial
Rooms Basement
Parking features On Street
Security features Security System
Exterior features Display Window, Lighting
Basement Full
Lot features Level, Curbing, Fin Road, Major Frntg, Sidewalks, Corner Lot
Directions Corner of Cookman ave and Bangs ave in downtown business district
Subdivision SE Asbury Pk
Standard status Active
APN 04-03101-0000-00007-0000-C0101
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16812

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 2005
Floors in Building 1
Flooring type Marble
Building materials Brick
Roof type Flat
Listing Agency: Sackman Realty
Listed By: Morgan Sackman · License #1435259
Added: Oct 9 Last Checked: Oct 15 at 11:06PM
MLS# 22631980

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.

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Investment Insights

Based on property information with market context.

This ground-floor restaurant accommodates 70 guests indoors and 80 outdoors. The sale includes the business contents and assignment of the existing 10-year lease. The property sits on a 0.03-acre lot and was built in 2005, with marble flooring, central air, and display windows.

The restaurant is on Cookman Avenue in Asbury Park’s downtown business district. Shops, galleries, cafés, bars, and live music venues are located nearby, with the boardwalk, beach, Convention Hall, and train station also within walking distance.

Key Highlights

  • Seating for 70 indoors and 80 outdoors
  • Assignment of existing 10‑year lease included with the business contents
  • Ground‑floor restaurant on Cookman Avenue in downtown Asbury Park

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Locksmith Florist Butcher Accounting Firm (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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,218
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Dining 16% Home Improvements & Furnishings 2%
Dollar Tree Shops & Services
7,128 visits/mo 0.4 miles
7-Eleven Shops & Services
7,091 visits/mo 0.4 miles
PNC Bank Shops & Services
6,825 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,671 visits/mo 0.3 miles
Family Dollar Shops & Services
5,323 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering includes restaurant contents and assignment of an existing 10-year lease.
Where is this conventional restaurant located?
The property is located at 521 Cookman Avenue Asbury Park, NJ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Seating for 70 indoors and 80 outdoors; Assignment of existing 10‑year lease included with the business contents; Ground‑floor restaurant on Cookman Avenue in downtown Asbury Park
More about this property
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