301 6th Avepu4 Asbury Park, NJ 07712-5545
(R2) - One and Two Family Residential Zone. [2000 Code § 30-70.5; amended 6-9-2021 by Ord. No. 2021-21 ; 3-27-2024 by Ord. No. 2024-6 ] a. Permitted Principal Uses. 1. Detached single family dwellings. 2. Two-family dwellings. 3. Essential municipal services facilities. b. Permitted Accessory Uses. 1. Garages. 2. Personal recreational facilities such as swim…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
R2 · Asbury Park, NJ(R2) - One and Two Family Residential Zone. [2000 Code § 30-70.5; amended 6-9-2021 by Ord. No. 2021-21 ; 3-27-2024 by Ord. No. 2024-6 ] a. Permitted Principal Uses. 1. Detached single family dwellings. 2. Two-family dwellings. 3. Essential municipal services facilities. b. Permitted Accessory Uses. 1. Garages. 2. Personal recreational facilities such as swimming pools, basketball hoops, etc., subject to the requirements of this chapter. 3. Driveways for the parking of personal vehicles, subject to the provisions of this chapter. 4. Any other structure which is clearly incidental to the principal residential use of the premises. 5. Off-street parking facilities as required by this chapter and used exclusively by the occupants of a permitted residential use. 6. Minor home occupations. 7. Accessory dwelling units. c. Permitted Conditional Uses. Pursuant to § 30-76.3 of this chapter: 1. Major home occupations. 2. Funeral homes and houses of worship. d. Off-Street Parking Requirements. 1. Single family dwellings: Pursuant to § 30-70.3 of this chapter. 2. Two-family dwellings: Three (3) off-street parking spaces. Parking spaces within enclosed garages may be counted towards the parking requirement provided that not more than one (1) driveway parking space is located behind any one (1) garage space.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.