Property
Asbury Park, NJ 07712 910 4th Avenue
$3,400,000
13 more
Presented By: Patrick Schiavino, Sackman Realty
SQFT • 14,400
Garage • 10
Home Details
Recently renovated 3-story office building centrally located in Asbury Park. Property offers 11,400 square feet of office and 3,000 SF of warehouse space. Property is 100% leased to the Asbury Park Board of Education and rent is guaranteed by the State of NJ. Modified NN lease with the tenant responsible for most maintenance items and a portion of the taxes. Landlord is responsible for roof & structure, insurance and major repairs. Lease commits tenant through April of 2026. At that time, owner may choose to renegotiate a lease extension with the current tenant at current market rents or take advantage of potential development opportunities represented by one of the most exciting and rapidly developing cities on the jersey Shore. Developers go for approvals while collecting rent.
Presented By: Patrick Schiavino, Sackman Realty
Interior Features for 910 4th Avenue
Bathrooms
Total Baths
Other Interior Features
Electric On Property Y/NNo
Street SuffixAvenue
Total Fireplaces
General for 910 4th Avenue
Additional Parcels Y/NNo
Business TypeProfessional/Office
Carport Y/NNo
CityAsbury Park
CountyMonmouth
Days on Market43
DirectionsAsbury Avenue East to Memorial Drive. Turn left on Memorial Drive and go to 4th Avenue and turn left. Building is on the left side of the street.
Garage Spaces10.0
Garage Y/NYes
Home Warranty Y/NNo
Leasable Area14400.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet14810.4
MLS AreaNW Asbury Pk
MLS Area MinorAsbury Park (ASB)
MobileHomeRemainsYNNo
New ConstructionNo
Property SubTypeOffice
Property TypeCommercial Sale
Rent Control Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Street Name4th
Tax Annual Amount32686.0
Tax Assessed Value2114200
Tax Year2023
View Y/NNo
Year Built1914
Exterior for 910 4th Avenue
Building Area Total14400.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions100 x 150
Lot Size Acres0.34
Lot Size Area0.34
Open Parking Y/NNo
Parking FeaturesOn Site
SpaNo
Water SourcePublic
Additional Details
Price History
Jonathan Damas
Associate