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

700 Summerfield Avenue, Asbury Park, NJ 07712

Commercial Lease, Asbury Park, NJ

Space Size2,500 SF
Lot Size0.03 Acres
Days on Market2

Property Features for 700 Summerfield Avenue

General Information

Property type Commercial Lease
Property subtype Other
Parking features On Street
Directions Main Street to Summerfield Avenue; turn east toward the beach. Property is on the corner of Summerfield Avenue and Bond Street
Standard status Active
APN 04-02506-0000-00002
Size 2,450 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11060

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1919
Floors in Building 2
Listing Agency: Sackman Realty
Listed By: Justine Gillette
Added: Sep 12 Changed: Sep 13 Last Checked: Sep 13 at 7:06PM
MLS# 22628835

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.

Investment Insights

Based on property information with market context.

Built in 1919 and fully renovated, this two-story office property provides a single-tenant leasing configuration with six private offices, shared areas on both floors, and exclusive basement storage. The first level includes offices measuring 196 SF, 116 SF, and 276 SF, along with a kitchenette and restroom. Upstairs are three additional offices measuring 200 SF, 230 SF, and 300 SF, plus a full bathroom, shared kitchenette, and large windows that bring in natural light. Modern finishes, upgraded systems, and efficient lighting are installed throughout. The property is located at 700 Summerfield Avenue in Asbury Park’s Central Business District, with on-street parking and public water and sewer service.

Key Highlights

  • Six private offices distributed across two floors
  • Exclusive full basement storage for the building tenant
  • 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
$4.59 /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
View Realmo Analytics

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 office lease with six private offices, shared work areas, basement storage, and updated systems in a downtown business district.
Where is this office building located?
The property is located at 700 Summerfield Avenue 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: Six private offices distributed across two floors; Exclusive full basement storage for the building tenant; First‑floor offices measure 196 SF, 116 SF, and 276 SF
More about this property
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