Asbury Park, NJ Multifamily Properties for Sale

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Updated: Aug 18

Renovated Triplex with Rental Units

1315 Summerfield Avenue, Asbury Park, NJ 07712

$875,000

2,798 sqft 0.11 AC lot

Three‑unit triplex with 2,798 square feet of property area
0.11‑acre property at 1315 Summerfield Avenue, Asbury Park, NJ 07712
First‑floor apartment renovated with 2 bedrooms, 1 bathroom, and a galley kitchen
Additional apartments include 3 bedrooms/1 bathroom and 4 bedrooms/1 bathroom
One apartment is vacant; two apartments are tenant‑occupied

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Updated: Aug 28

Renovated Triplex with Carriage House

905 Emory Street, Asbury Park, NJ 07712

$1,299,000

1,266 sqft 0.05 AC lot

Three‑family property totaling 1,266 square feet
Unit mix includes 1‑bedroom, 1‑bath; 3‑bedroom, 1‑bath duplex; and 1‑bedroom, 1‑bath carriage house
Renovations include new siding, windows, roof, kitchens, and HVAC systems
Fully waterproofed basement
0.05‑acre lot in Asbury Park, NJ

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Two-Structure Quadplex with Loft Unit

1111 2nd Avenue, Asbury Park, NJ 07712

$1,575,000

1,834 sqft 0.16 AC lot

Four-unit quadplex with two structures; one unit includes a bonus room and loft space.

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We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Renovated Three-Family Corner Property

413 Ridge Ave, Asbury Park, NJ 07712

$1,099,999

2,000 sqft

Recently renovated three-unit building with tenant occupancy and a mix of 3BR and 1BR layouts.

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Three-Unit Triplex on Corner Lot

413 Ridge Avenue, Asbury Park, NJ 07712

$1,099,999

2,037 sqft 0.05 AC lot

Recently renovated three-unit triplex on a corner lot with public water and sewer and on-street parking.

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Renovated Duplex with Finished Basement

1257 Washington Avenue, Asbury Park, NJ 07712

$849,999

1,960 sqft 0.08 AC lot

Renovated duplex built in 1930 featuring a finished basement and public water and public sewer services.

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Duplex with Updated Kitchens

1284-1286 Washington Avenue, Asbury Park, NJ 07712

$899,000

2,240 sqft 0.17 AC lot

Two 4BR, 1BA units with updated kitchens, baseboard heat, and public water and sewer.

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Renovated Duplex with Finished Basement

Asbury Park, NJ 07712

$849,999

2,000 sqft 0.08 AC lot

Two-family residential property with updated interiors, a finished lower level, and natural gas service.

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Renovated 5-Unit Apartment Building

905 Grand Avenue, Asbury Park, NJ 07712

$1,100,000

4,086 sqft 0.09 AC lot

Turnkey, fully leased building offering two studios and three one-bedrooms with newer electrical and boiler.

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Two-Unit Duplex Property

1001 Sewall Avenue, Asbury Park, NJ 07712

$599,900

1,840 sqft

Two residential units require comprehensive renovation, with an additional side structure requiring reconstruction.

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Four-Unit Residential Income Property

1111 2ND Avenue, Asbury Park, NJ 07712

$1,575,000

1,834 sqft

Two structures totaling four units, each with 2 beds and 1 full bath.

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Victorian Duplex With Cottage

604 4th Avenue, Asbury Park, NJ 07712

$1,325,000

0.17 AC lot

Historic three-floor property with private gardens and a separate cottage suited to flexible residential use.

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Mixed-Use Property with Theater

710 Mattison Avenue, Asbury Park, NJ 07712

$5,000,000

39,600 sqft 0.30 AC lot

Approved plans for 48 microunit apartments accompany an existing live entertainment venue.

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Renovated 5-Unit Apartment Building

905 Grand Ave, Asbury Park, NJ 07712

$1,100,000

4,086 sqft

Fully leased property with two studios and three one-bedroom apartments.

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Vacant Two-Family Duplex with Detached Garage Apartment

119 Ridge Avenue, Asbury Park, NJ 07712

$550,000

0.15 AC lot

Vacant duplex on a private driveway with detached garage apartment above; public water and public sewer.

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Luxury Condo Near the Ocean

300 Cookman Avenue #326, Asbury Park, NJ 07712

$1,275,000

2,463 sqft

Well-maintained condo with ocean views, chef's kitchen, and parking.

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Renovated Three-Unit Triplex

1315 Summerfield Ave, Asbury Park, NJ 07712

$875,000

Three residential units include a renovated vacant apartment alongside two tenant-occupied homes.

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Victorian Multifamily Property

Asbury Park, NJ 07712

$1,325,000

Three-floor Victorian property with a separate cottage, private gardens, and flexible multi-unit configuration.

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Tenant-Occupied Multifamily Property

509 4th Ave, Asbury Park, NJ 07712

$1,400,000

Built in 1930 and currently occupied by tenants.

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Vacant Duplex with Garage Apartment

119 Ridge Ave, Asbury Park, NJ 07712

$550,000

Separate residences accompany an upper-level apartment, private driveway, and spacious lot.

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52-Room Hospitality Property

302 1st Ave, Asbury Park, NJ 07712

Contact for pricing

11,000 sqft 0.23 AC lot

Currently configured as a rooming house with updated exterior cladding, boiler systems, and water-heating equipment.

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Two-Unit Duplex Renovation Project

1001 Sewall Ave, Asbury Park, NJ 07712

$599,900

Duplex with two residential units requiring comprehensive renovation and reconstruction of a detached side structure.

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Two-Family Residential Income Property

614 Prospect Ave, Asbury Park, NJ 07712

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Two-unit residential income property with off-street parking for at least four to six cars.

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Two-Property Apartment Portfolio

1215 Springwood Ave, Asbury Park, NJ 07712

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The offering includes two separately identified apartment properties in Asbury Park.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Asbury Park, NJ, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Asbury Park, NJ Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Asbury Park, NJ, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 81,044 square feet of properties for sale, with an estimated market value of $25,822,796.

Sale prices for multifamily properties in Asbury Park, NJ start at $550,000, averaging $1,229,656, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 40K

Population Growth (5Y) +3.0%

Median Household Income $95,691

College Educated 67.6%

High-Yield Neighborhoods for Investment

Identify Asbury Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
07712	$1.2M

Taxes & Financing

Tax Rate (average for all types) 1.45%

Property Tax per SF $8.00 per SF

Tax Rate vs County Average 0.38 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monmouth County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monmouth County

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