Financial
Distress signals
Property profile

704-706 Cookman Ave 706 Asbury Park, NJ 07712

OFF-MARKET
Other commercial real estate
Property ID
US59-0814647
4,800 SF 0.06 ac lot Built 1919
Last sale Apr 2024 · $1,775,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Built in 1919, this storefront commercial property features a traditional commercial layout with preserved architectural elements, including hardwood flooring, original 12-foot tin ceilings, and a broad glass storefront. The space is configured for retail or restaurant use and is located in an area designated for commercial and retail purposes. The premises may be divisible to accommodate multiple tenants. It is situated on Cookman Avenue in Asbury Park’s Downtown Central Business District,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$16k
Tax billed · 2022
Assessed value · 2023$1.14M
Assessed land$419k
Assessed improvement$721k
Effective rate1.36%

Value estimate

· Sep 2026
$1.78M
$1.60M – $1.95M
AI approach$1.78M
Submarket $/SF estimate$1.65M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$152 – $370
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CARC
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.7
Accounting Firm10.9
Locksmith9.8

Location

704-706 Cookman Ave, Unit 706 Asbury Park, NJ 07712-7008
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
811 Asbury, Asbury Park, NJ 07712 $625,000 Jan 2025 5,298 SF
509 2nd, Asbury Park, NJ 07712-6134 $1,970,000 Mar 2024 4,622 SF
Allaire Ave At Bloomfield, Ocean, NJ 07712 $575,000 Mar 2024 4,110 SF
1416 Roller, Ocean, NJ 07712-3404 $1,150,000 Jan 2024 4,851 SF
17-19 Main, Asbury Park, NJ 07712-7012 $900,000 Jul 2023 6,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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