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Renovated Two-Story Office Building
New
For Lease
$6,250/Mo

700 Summerfield Ave, Asbury Park, NJ 07712

Full-building layout includes private offices, common areas, kitchenettes, and dedicated basement storage.

Space Size2,500 SF
Days on Market1

Property Features for 700 Summerfield Ave

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Property subtype Commercial

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Divisible No
Space Use Office
Condition Turnkey
Sublease No
Private Offices 6

Taxes and HOA fees

Annual Taxes $11,060

Amenities

kitchenette
basement storage

Building Details

Building Size 2,450 SF
Year Built 1919
Stories 2
Tenancy Single
Listing Agency: Sackman Realty
Listed By: Justine Gillette
Source: Elliman
Added: Sep 13 Last Checked: Sep 13 at 2:51PM

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 Sackman Realty

Investment Insights

Based on property information with market context.

This fully renovated two-story office building provides 2,500 square feet for a single-tenant lease. The layout includes six private offices, shared areas on both floors, kitchenettes, restrooms, and a full basement reserved for tenant storage. The first floor contains three offices measuring 196 SF, 116 SF, and 276 SF. Upstairs are three additional offices measuring 200 SF, 230 SF, and 300 SF, along with a full bathroom and large windows that bring natural light into the workspace.

Modern finishes, upgraded systems, and efficient lighting have been incorporated throughout the building. The property is located at 700 Summerfield Ave in Asbury Park’s Central Business District, with a 30 Walk Score and 55 Bike Score. Built in 1919, the building offers a full-floor and full-building office configuration within a renovated structure.

Key Highlights

  • 2,500 SF two‑story office building available for a single‑tenant full‑building lease
  • Six private offices distributed across two floors
  • First‑floor offices measure 196 SF, 116 SF, and 276 SF

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Accounting Firm Locksmith Garden Center Auto Parts Store Florist

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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,179
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Full-building layout includes private offices, common areas, kitchenettes, and dedicated basement storage.
Where is this office building located?
The property is located at 700 Summerfield Ave Asbury Park, NJ.
What is the lease rate?
The lease rate is $6,250/Mo.
What are key features of this property?
This property features: 2,500 SF two‑story office building available for a single‑tenant full‑building lease; Six private offices distributed across two floors; First‑floor offices measure 196 SF, 116 SF, and 276 SF
More about this property
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