Two-Family Residential Income
For Sale
Contact for pricing
Pending
614 Prospect Ave, Asbury Park, NJ 07712
Two-unit residential income property with off-street parking for at least four to six cars.
Property SizeContact for details
Days on Market148
Property Features for 614 Prospect Ave
General Information
Standard status
Pending
Total Parking Spaces
6
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
2
Listing Agency:
Coldwell Banker Realty
Listed By:
Eric Bosniak · License #NJ
(732) 671-1000
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Sep 2 at 11:04AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This two-family residential income property offers a first-floor unit with four bedrooms and one full bath, and an upstairs unit with two bedrooms and one full bath. The property is currently producing rental income, and the seller notes potential to add a third unit. Off-street parking is available for at least four to six cars.
The public remarks indicate the property is located close to the beach in Asbury Park. The back right corner of the property has two existing walls from a previous structure, which the seller identifies as an area that may support additional improvements such as a potential garage or apartment above, subject to buyer due diligence with the town.
Buyer to conduct their own due diligence regarding feasibility with the town.
The public remarks indicate the property is located close to the beach in Asbury Park. The back right corner of the property has two existing walls from a previous structure, which the seller identifies as an area that may support additional improvements such as a potential garage or apartment above, subject to buyer due diligence with the town.
Buyer to conduct their own due diligence regarding feasibility with the town.
Key Highlights
- Two‑unit Asbury Park residential income property with potential for a 3rd unit
- 1st floor: 4 bed, 1 full bath currently renting for $2,400/month
- Upstairs: 2 bed, 1 full bath currently renting for $1,850/month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,400
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with off-street parking for at least four to six cars.
Where is this duplex located?
The property is located at 614 Prospect Ave Asbury Park, NJ.
What are key features of this property?
This property features: Two‑unit Asbury Park residential income property with potential for a 3rd unit; 1st floor: 4 bed, 1 full bath currently renting for $2,400/month; Upstairs: 2 bed, 1 full bath currently renting for $1,850/month
