Corner Development Parcel with
For Sale
$2,450,000
907 Grand Avenue, Asbury Park, NJ 07712
Corner lot with a two-story pre-school building and R2 zoning for single- or two-family homes.
Property Size8,236 SF
Price / SF$297.47
Days on Market52
Property Features for 907 Grand Avenue
General Information
Standard status
Active
Size
8,236 SF
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$23,126
Amenities
Corner Lot
Major Frontage
Possible Subdivision
Listing Agency:
SPACE & COMPANY
(732) 776-7078
Listed By:
KENNETH RICKEL · License #0893268
Source:
Corcoran
Added: Jun 20
Changed: Aug 8
Last Checked: Jul 16 at 7:03AM
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 SPACE & COMPANY
Investment Insights
Based on property information with market context.
The property consists of a 150' x 150' corner parcel totaling 8,200 square feet of land, improved with an 8,200 SF, two-story building that was previously used as a pre-school. Zoning is R2, which currently allows single- and two-family residential uses. The site offers substantial lot frontage and an existing building that may support continued adaptive reuse with city approvals.
The parcel is described as a premiere corner lot on the east side of Asbury Park, and it is not located within the waterfront redevelopment zone. The property features 150 feet of frontage on the 500 block of 2nd Avenue. The seller notes the site is approximately four blocks to downtown and four blocks to the beach.
For buyers and developers, the combination of a sizable corner lot, R2 zoning, and an existing two-story building provides multiple pathways, including constructing a residence on the property, subdividing into smaller lots, or repurposing the existing building subject to city approvals. This offering may appeal to owner-users seeking a larger-scale home site, as well as parties exploring a residential redevelopment plan in an established neighborhood.
The parcel is described as a premiere corner lot on the east side of Asbury Park, and it is not located within the waterfront redevelopment zone. The property features 150 feet of frontage on the 500 block of 2nd Avenue. The seller notes the site is approximately four blocks to downtown and four blocks to the beach.
For buyers and developers, the combination of a sizable corner lot, R2 zoning, and an existing two-story building provides multiple pathways, including constructing a residence on the property, subdividing into smaller lots, or repurposing the existing building subject to city approvals. This offering may appeal to owner-users seeking a larger-scale home site, as well as parties exploring a residential redevelopment plan in an established neighborhood.
Key Highlights
- 150' x 150' corner lot with a two‑story 8,200 SF building previously used as a pre‑school
- R2 zoning allows single- and two‑family homes
- 150' frontage on the 500 block of 2nd Avenue
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,359
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Corner lot with a two-story pre-school building and R2 zoning for single- or two-family homes.
Where is this residential land & home lot located?
The property is located at 907 Grand Avenue Asbury Park, NJ.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 150' x 150' corner lot with a two‑story 8,200 SF building previously used as a pre‑school; R2 zoning allows single- and two‑family homes; 150' frontage on the 500 block of 2nd Avenue
