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Waterfront Multifamily Compound
For Sale
$4,750,000

6612 66 1/2 Ocean Ave, Manasquan, NJ 08736

Three-building coastal property with residential flexibility and direct waterfront access.

Property SizeContact for details
Days on Market47

Property Features for 6612 66 1/2 Ocean Ave

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Asking Price $4,750,000

Amenities

waterfront deck
patio

Building Details

Year Built 1986
Buildings 3
Listing Agency: Ward Wight Sotheby's International Realty
Listed By: Joanne Zapicchi
Source: Thebansalteam
Added: Sep 20 Changed: Oct 26 Last Checked: Nov 4 at 6:30PM

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 Ward Wight Sotheby's International Realty

Rey
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Investment Insights

Based on property information with market context.

This multifamily property includes three separate parcels and three residential buildings offered together. The configuration comprises a waterfront residence and two cottages, with a combined total of 9 bedrooms and 6 baths. Access to the waterfront residence is provided by an easement crossing the two front cottages. The property was built in 1986 and includes waterfront deck or patio areas for outdoor use.

The Ocean Avenue setting places the property a few blocks from the beach and within a short ride of downtown Manasquan shops, theater, and dining. Waterfront activities identified for the property include kayaking, fishing, boating, swimming, and crabbing. The three-building layout supports multi-generational occupancy or rental use, subject to applicable requirements.

Key Highlights

  • Three separate parcels offered as one multifamily property
  • Three residential buildings with a combined 9 BR and 6 baths
  • Waterfront residence accessed by easement through the two front cottages

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 08736, NJ

12,566
Population
6,155
Households
2
Avg Household Size
49
Median Age
70%
College-Educated
99%
High-School Grad
4.7 sq mi
ZIP Area
2,674
Density / Sq Mi
$170,042
Median Household Income
$72,924
Median Earnings
$1,838
Median Rent
$849,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three-building coastal property with residential flexibility and direct waterfront access.
Where is this multifamily property located?
The property is located at 6612 66 1/2 Ocean Ave Manasquan, NJ.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Three separate parcels offered as one multifamily property; Three residential buildings with a combined 9 BR and 6 baths; Waterfront residence accessed by easement through the two front cottages
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