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    400 Prospect Ave Asbury Park, NJ 07712-6389
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    Property profile & analytics

    400 Prospect Ave, Asbury Park, NJ 07712-6389

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    • Commercial real estate
    • 4,032 SF
    • 0.07 lot acres
    Off-Market
    Last Sale Jul 1, 2025
    $866,000
    Property ID
    US59-1164488
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $745,000
    Show details
    Cap Rate Potential
    8.9%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 400 Prospect Ave

    Year built
    1923
    Lot size
    0.07 lot acres
    Zone code
    R1
    Property type
    Commercial real estate
    APN
    04 01307-0000-00015
    APU
    401307000000015

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 1, 2025 $866,000 Srulys Delivery Express LLC Up & Down Management LLC Deed $650k · Crosscountry Mortgage LLC
    Dec 23, 2021 $525,000 Up & Down Management LLC Building Box LLC Deed $420k · Spencer Savings Bank Sla
    Dec 6, 2019 — Building Blox LLC — Deed · related $409k · Spencer Svgs Bk
    Dec 22, 2016 $355,000 Building Blox LLC Schiavino,patrick A Grant Deed $249k · Emigrant Fndg
    Jun 21, 2000 $1 Patrick A Schiavino Carroll,james J III Grant Deed · related $291k · Sovereign Bk
    — — Schiavino,patrick A — Deed Of Trust · related $250k · New Millennium Bk
    — — Building Blox LLC — Deed Of Trust · related $409k · Spencer Svgs Bk
    — — Patrick Schiavino — Deed Of Trust · related $209k · Rumson Fair Haven Bank & Trust

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $615,000
      ML approach
      $585,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $905,000
      6.5%
      $835,000
      7%
      $780,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $717,000
      Market price range: $612k - $1.49M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,030,000
      Current use
      OFFICE BUILDING
      $995,000
      Change: -3% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Asbury Park
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0184
    Latitude
    40.2188
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,637
    $72,100
    $424,600
    $496,700
    -
    $72,100
    $424,600
    $496,700
    More about this property
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