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    Three-Unit Residential Income Property
    Updated: May 27
    Three-Unit Residential Income Property

    1702 Grand Avenue, Asbury Park, NJ 07712

    $1,290,000
    3,600 sqft 0.11 AC lot
    Brick three‑family home built in 1950 with zoned forced‑air heating and central air conditioning
    Unit mix: two 1‑bedroom, 1‑bath apartments plus one oversized 2‑bedroom, 2‑bath unit
    Wood and ceramic tile flooring throughout
    Roof includes shingle and flat roofing
    Parking includes long driveway, detached garage, plus on‑street and off‑street parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    1702 Grand Avenue, Asbury Park, NJ 07712

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $60K
      Annual

    • Price @ 7% Cap

      $861K
      Suggested

    • Property Type

      Single Family Residence
      Built 1950
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    Recently Renovated 3-Family Corner
    Updated: Jun 16
    Recently Renovated 3-Family Corner

    413 Ridge Avenue, Asbury Park, NJ 07712

    $1,099,999
    2,037 sqft 0.05 AC lot
    Recently renovated 3‑family building with 2,000+ sq ft of income‑producing space
    Unit mix: two 3BR/1BA apartments plus one 1BR/1BA apartment
    Total layout includes 6 bedrooms and 3 bathrooms across the three units
    Tenant‑occupied and currently generating rental revenue
    Public water and public sewer
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    Renovated Three-Family Corner Property
    Renovated Three-Family Corner Property

    413 Ridge Ave, Asbury Park, NJ 07712

    $1,099,999
    2,000 sqft

    Recently renovated three-unit building with tenant occupancy and a mix of 3BR and 1BR layouts.

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    Multi-family
    Multi-family

    1702 Grand Avenue, Asbury Park, NJ 07712

    $1,350,000
    3,600 sqft

    Triplexes · 3,600 SF

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Asbury Park, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Townhouse-Style Residence
    Three-Unit Townhouse-Style Residence

    150 Lake Avenue, Ocean Grove, NJ 07756

    $1,800,000
    3,996 sqft 0.11 AC lot

    Townhouse-style three-family built in 1987 with separate utilities and dedicated parking plus one-car garages for each unit.

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    Legal Three-Family Detached Structures
    Legal Three-Family Detached Structures

    508 Newark Avenue, Bradley Beach, NJ 07720

    $1,175,000
    0.10 AC lot

    Legal three-family property with three detached buildings, including a two-bedroom front house and two one-bedroom rear units.

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    Legal Three-Family Property
    Legal Three-Family Property

    508 Newark Avenue, Bradley Beach, NJ 07720

    $1,250,000

    Three separate detached structures on one lot provide two-bedroom and two one-bedroom rental units.

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    Three-Unit Townhouse-Style Income Property
    Three-Unit Townhouse-Style Income Property

    150 Lake Avenue, Ocean Grove, NJ 07756

    $1,800,000

    Townhouse-style three-family built in 1987, with separate utilities and assigned parking plus garages for each unit.

    View details

    Asbury Park, NJ Triplexes Market Trends and Statistics

    Explore 4 triplexes for sale in Asbury Park, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,237 square feet of properties for sale, with an estimated market value of $4,839,998.

    Sale prices for three-family homes in Asbury Park, NJ start at $1,099,999, averaging $1,209,999, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 7
    Duplexes 7
    Triplexes 4
    Quadplexes 2

    Demographics Overview

    Population 40K
    Population Growth (5Y) +3.0%
    Median Household Income $95,691
    College Educated 67.6%

    High-Yield Neighborhoods for Investment

    Identify Asbury Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07712 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $8.00 per SF
    Tax Rate vs County Average 0.38 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monmouth County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monmouth County

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