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Historic Renovated Office Building
For Lease
$31 SF/Yr

700 Summerfield Avenue #Building, Asbury Park, NJ 07712

Renovated two-floor office building with private offices and basement storage, available for flexible individual or full-building leasing.

Space SizeContact for details
Days on Market67

Property Features for 700 Summerfield Avenue #Building

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,060

Amenities

Central air
Corner Lot
Central Air Cooling
On Street
Wood Flooring

Building Details

Year Built 1919
Stories 2
Listing Agency: EXP REALTY
Listed By: KATIE ROBERTS
Source: Corcoran
Added: Jun 5 Changed: Aug 8 Last Checked: Jun 13 at 2:31AM

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 EXP REALTY

Investment Insights

Based on property information with market context.

This historic, renovated office building is configured across two floors with exposed brick and hardwood floors. Interior features include recessed lighting, three private offices, and a kitchenette plus a bathroom on each level, with a full shower on the second floor. A full basement provides additional storage space. The building also includes soundproofed construction from its prior recording studio use, which may support privacy for tenants working with loud audio. Furnishings are included, and the space can be leased as individual offices, a full floor suite, or the entire building. Flexibility to combine spaces and customize the layout, including build-out options, is described as available.

The property is located at 700 Summerfield Avenue #Building in Asbury Park, positioned in the heart of the downtown business district based on the provided remarks. Access and presentation are described as a large corner building.

The building can fit a range of tenant needs that value multiple private offices, in-suite kitchenette and restroom facilities, and on-site basement storage. The soundproofed environment may be particularly useful for operations that require controlled acoustics. Leasing options allow tenants to scale from smaller individual offices up to a larger full-floor or whole-building arrangement, with the availability noted for September 2026.

Key Highlights

  • Renovated two‑floor office building built in 1919 in Asbury Park’s downtown business district
  • Approx. 2,500 SF corner building with exposed brick and hardwood floors, plus recessed lighting
  • Layout includes 3 private offices, with a kitchenette and bathroom on each level

Property Analytics

Current Use

Office Units

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

NNN (Triple Net)
Lease Type
$4.65 /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

Market

Lease Benchmarks for Asbury Park, NJ

$22.93 /SF/Yr
Avg Asking Price
$11.56–$32 /SF/Yr
Price Range
3,092 SF
Avg Space Size

This space is priced 35% above the average of $22.93 /SF/Yr.

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 units - Renovated two-floor office building with private offices and basement storage, available for flexible individual or full-building leasing.
Where is this office units located?
The property is located at 700 Summerfield Avenue #Building Asbury Park, NJ.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Renovated two‑floor office building built in 1919 in Asbury Park’s downtown business district; Approx. 2,500 SF corner building with exposed brick and hardwood floors, plus recessed lighting; Layout includes 3 private offices, with a kitchenette and bathroom on each level
More about this property
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