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Property profile & analytics
OFF-MARKET Estimated value $850,000
Residential income homes

314 8th Ave Asbury Park, NJ 07712-5249

4,737 SF 0.17 ac lot Built 1920
Individually Owned 7-yr Hold
Property ID
US59-0141590
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1920
Construction TYPE NOT SPECIFIED
Total area 4,737 SF
Lot 0.17 ac (7,500 SF)
Zoning code R2
APN 04 03708-0000-00003
UPID US59-0141590
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k
Owner & transaction history
Alex Staunton · 7 yrs held
Alex Staunton
since 2018
4 recorded transactions
2018
$799,000
2012
Price N/A
2004
$815,000
1969
Price N/A
Zoning & alternative use
R2 · Asbury Park, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(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…

Zone name One And Two Family Residential
General category RESIDENTIAL
Zone area 43.68 ac
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