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Renovated Office Suites
New
For Lease
$35 SF/Yr

700 Summerfield Avenue, Asbury Park, NJ 07712

Commercial Lease, Asbury Park, NJ

Space Size1,086 SF
Lot Size0.03 Acres
Days on Market2

Property Features for 700 Summerfield Avenue

General Information

Property type Commercial Lease
Property subtype Other
Rooms Basement
Parking features On Street
Basement Full
Directions Main St to Summerfield Ave, east toward beach; corner of Summerfield Ave & Bond St.
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

Amenities

basement storage

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 8:06PM
MLS# 22628833

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.

Renovated office suites occupy the first floor of a two-story professional building, with 1,086 square feet arranged around three private offices and shared support areas. The layout includes a kitchenette, hallway circulation, and restroom facilities, while the building offers updated finishes, upgraded systems, and efficient lighting. The full floor may be leased together or divided into individual suites. Basement storage is also available to first-floor occupants.

The property is located in downtown Asbury Park at 700 Summerfield Avenue. The building dates to 1919 and measures 2,450 square feet overall. Public water and public sewer serve the property, with on-street parking available.

Key Highlights

  • 1,086‑square‑foot first‑floor office layout
  • Three private offices with shared kitchenette, hallways, and restrooms
  • Full‑floor or individual‑suite leasing options

Property Analytics

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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
$5.25 /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

Lease Benchmarks for Asbury Park, NJ

$26.75 /SF/Yr
Avg Asking Price
$22–$32 /SF/Yr
Price Range
2,317 SF
Avg Space Size

This space is priced 31% above the average of $26.75 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible first-floor office leasing with private rooms, shared amenities, and basement storage.
Where is this office units located?
The property is located at 700 Summerfield Avenue Asbury Park, NJ.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 1,086‑square‑foot first‑floor office layout; Three private offices with shared kitchenette, hallways, and restrooms; Full‑floor or individual‑suite leasing options
More about this property
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