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Property profile & analytics
OFF-MARKET Estimated value $760,000
Parking lots & garages

510 Monroe Ave PU10 Asbury Park, NJ 07712-6667

1,308 SF 0 ac lot Built 1980
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-2093135
Property profile
Verified
Property type Parking lots & garages
Use group RESIDENTIAL PARKING GARAGE
Year built 1980
Total area 1,308 SF
Lot 0 ac (203 SF)
Zoning code R1
APN 04 03208-0000-00003- 34-C0610
UPID US59-2093135
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
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
$459k
Blend (final) Blend
$760k
Owner & transaction history
Philip Friedman · 4 yrs held
Philip Friedman
since 2022
Last sale
$725,000
1 recorded transaction
2022
$725,000
Zoning & alternative use
R1 · Asbury Park, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(R1) - Single Family Residential Zone. [2000 Code § 30-70.3; 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. 2. Essential municipal services facilities. b. Permitted Accessory Uses. 1. Garages. 2. Personal recreational facilities such as swimming pools, basketball hoops, etc., subj…

Zone name Single Family Residential
General category RESIDENTIAL
Zone area 387.13 ac
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