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910 4th Avenue Asbury Park, NJ $ 3,400,000
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$ 3,400,000 Get more info
910 4th Avenue
$ 3,400,000
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910 4th Avenue

Asbury Park, NJ, 07712
$ 3,400,000
Baths0.0 Sq 14,400

Monthly Estimate*

$ 22,597

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Studio

Commercial Property for sale in Asbury Park, NJ

for $3,400,000. This 14,400 square foot building was built in 1914 on a lot size of 0.34.

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.

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Commercial Active

Price

$ 3,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 32,686

Style

Lot Size

0.34

Year Built

1914

Town/City

Asbury Park

County/Region

Monmouth

MLS | Web ID

22408360
Features
General
Sewer Public Sewer
Garage Spaces 10.0
Year Built 1914
Stories 3
Property SubType Office
Tax Year 2023
Business Type Professional/Office
County Monmouth
New Construction N
Property Type Commercial Sale
Garage Y/N Y
Status Active
Directions Asbury 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.
City Asbury Park
View Y/N N
MLS Area NW Asbury Pk
Lot Size Square Feet 14810.4
Carport Y/N N
Street Name 4th
Tax Annual Amount 32686.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Asbury Park (ASB)
Additional Parcels Y/N N
Leasable Area 14400.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 57
Standard Status Active
Tax Assessed Value 2114200
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Exterior
Parking Features On Site
Water Source Public
Lot Size Area 0.34
Spa N
Building Area Total 14400.0
Lot Dimensions 100 x 150
Lot Size Acres 0.34
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 910
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* Excluded Features
List By
Patrick Schiavino

Listing Agent

Sackman Realty

Broker

asburycommercial@gmail.com

Email

Affordability Calculator

$25,321
Per Month
89%
11%
0%
Monthly Principal & Interest
$22,597
Monthly Property Taxes
$2,724
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/27/2024$3,400,000 Listed Price

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910 4th Avenue, Asbury Park, NJ, 07712 is a Commercial Property for sale at $3,400,000 with 14,400 sqft and a lot size of 0.34. 910 4th Avenue is a studio with 0.0 baths and was built in 1914. The property's zip code is 07712 which is in Asbury Park, NJ

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