Property
Asbury Park, NJ 07712 400 Prospect Avenue
$949,000
Presented By: JoAnna Maietta, RE/MAX Central
Beds • 7
SQFT • 4,032
Home Details
Prime mixed-use investment property in Asbury Park. Excellent opportunity to own a fully-leased, income producing property in a high-traffic area of vibrant Asbury Park. This building features 3 residential units and 1 commercial space all with long-term, reliable tenants. Strong rental income and consistent cash flow. Ideal for investors seeking a turn key property in a growing market. Property is being sold in ''AS IS'' condition. Rent roll is $6,229 monthly, Don't miss out on this rare chance to invest in this wonderful opportunity.
Presented By: JoAnna Maietta, RE/MAX Central
Interior Features for 400 Prospect Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementFull
Basement (Y/N)Yes
FlooringWood
Heating Y/NYes
Heating-Forced AirTrue
Total Fireplaces
General for 400 Prospect Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityAsbury Park
CoolingMulti Units
CountyMonmouth
DirectionsRoute 35 to Bangs Avenue, Corner or Bangs and Prospect.
Garage Spaces0.0
Garage Y/NNo
HeatingForced Air
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet3049.2
Lot Size UnitsAcres
MLS AreaSW Asbury Pk
MLS Area MinorAsbury Park (ASB)
MobileHomeRemainsYNNo
ModificationTimestamp2025-05-14T17:01:21Z
New ConstructionNo
Number Of Units Total4
Property SubtypeThree Family
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameNone
Tax Annual Amount7679.0
Tax Year2023
TaxOtherAnnualAssessmentAmount540900.0
Tenant PaysGas, Electricity
Water Body Access Y/NNone
Year Built1923
Zoning DescriptionMulti-Use, Multi-Family, Commercial
Exterior for 400 Prospect Avenue
Building Area Total4032.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions60 x 54
Lot FeaturesCorner Lot
Lot Size Acres0.07
Lot Size Area0.07
Parking FeaturesOn Street, None
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Aneesa Pinheiro
Associate