Asbury Park NJ Multi-Family Real Estate, Homes for Sale

Opportunity is knocking on the SW side of Asbury Park. A 2 family home with 3 bedroom downstairs and a 2 bedroom upstairs. Long term tenants wants to stay put. Below market rents. A little updating needed but nothing major. Maximize your potential and include this property in your portfolio. Create a cash flowing asset or live here affordably. A bike ride to the beach and downtown Asbury to be in the mix for the summer! Please share lender info for First-time homebuyers in DOCS! Buyer to obtain TOT. Let's go!

150 Ridge Avenue, Asbury Park

Listing courtesy of Berkshire Hathaway HomeServices Signature Properties. Contact:

$525,000

6 Beds ⋅ 2 Baths

Investment opportunity in beautiful Asbury Park! This two family income property has two spacious 3 bedroom units with 1 bathroom. Unit A (upstairs, occupied but will be vacant by April) has 3 bedrooms, 1 bathroom, kitchen. Unit B (downstairs and vacant) has 3 bedrooms, 1 bathroom, new appliances, washer/dryer, freshly painted throughout, large living room. Water, Electric, Gas utilities are paid by tenants. This is a great opportunity to seize now while the buying and rental markets are both still hot!

1255 Washington Avenue, Asbury Park

Listing courtesy of Weichert Realtors-Ocean. Contact:

$1,400,000

8 Beds ⋅ 5 Baths

Welcome to this magnificent and inviting shore colonial that has been lovingly renovated with all of today's modern amenities while retaining its charm and character! Currently used as a single family but is a zoned a legal 2 family. Located just blocks from the beach, boardwalk and historic music venues sits this light and bright, 8 bedroom, 4 1/2 bath home with a wraparound porch and 3 levels of exquisite living. Upon entering through the front door you will discover warmth and charm with custom accents and wood flooring throughout. An entertainer's dream home with so much space for friends and family with an added bonus of ample income generated from regular guests. The lavish first floor features a den/piano room with a wet bar, a spacious family room with a double-sided fireplace to the large formal dining room that opens to the chef's kitchen with custom cabinets, granite countertops, stainless steel appliances, a pantry and a breakfast bar.. Sliding glass doors provide access to the private fenced-in yard- perfect for an evening BBQ! 1.5 bathrooms complete the main level. The second floor brings you to the main suite with a new designer bathroom featuring double sinks and a soaking tub. There are an additional 3 generous sized bedrooms, a full bathroom and laundry area. The third level has another 3 generous size bedrooms and a full bathroom. Conveniently located with easy access to major roadways and the train station, just blocks to the many restaurants, music venues, boardwalk and fabulous beach!!

600 2nd Avenue, Asbury Park

Listing courtesy of Redfin Corporation. Contact:

$899,000

5 Baths

Greetings from Asbury Park! Investors wanted for this legal 5 family colonial in the hip & trendy beach section of Asbury Park. No car needed here, Train, Boardwalk, Beach, Shopping, Dining, Houses of worship, all blocks away. Home is tenant occupied on a month to month basis. 2.5 yr. old furnace, 6 month old water heater, large front porch, nice size yard, 2 car garage and full basement. This home needs some TLC but holds amazing potential and being sold as is where is'' There are 3 -2bd units and 2-studio units Showing by appointment only with 24hr notice.

605 1st Avenue, Asbury Park

Listing courtesy of J.J. Elek Guarantee Sales. Contact:

$699,900

4 Beds ⋅ 4 Baths

Opportunity Knocks! Welcome to this Four Family house located in the Northwest corridor of Asbury Park. There are Three, 1 bedroom apartments, and One studio unit. All tenants are good payers and are current with the rent. Large rear yard and a detached garage. There are separate water heaters for each unit and a common washer dryer on the 2nd floor. Close to shopping, schools, and transportation. Blocks to the beach to enjoy the summer at the Jersey Shore.

805 Sixth Avenue, Asbury Park

Listing courtesy of KeyVest LLC. Contact:

$925,000

7 Beds ⋅ 4 Baths

NE ASBURY 4 FAMILY- Income producing property with driveway, large front porch, and backyard. 4 & 1/2 blocks to beach. Sale strictly as is, buyer responsible to obtain CO. 2 units vacant, 2 are tenant occupied. Unit photos from before tenants took possession.

513 3rd Avenue, Asbury Park

Listing courtesy of Sackman Realty. Contact:

$999,000

9 Beds ⋅ 5 Baths

Gem of a property on a lovely block in North Asbury Park. This is a legal 5 family property with 3 units in the main house and an additional 2 units in the back house. Leave as is for a cash flowing rental or renovate to suit your needs. Possibilities are endless. Current rent amounts are far below market value due to some incredibly long term, paying tenants.

608 7th Avenue, Asbury Park

Listing courtesy of Weichert Realtors. Contact: davidzwilsonrealtor@gmail.com

$849,000

5 Beds ⋅ 4 Baths

4 FAMILY HOME! This lovely grand Colonial is situated on a residential street in the heart of Asbury Park! It is located within walking distance to the boardwalk, beach, Sunset Lake, and all that Asbury Park township has to offer. Originally a single-family home, this multi-unit investment property now consists of 4 apartments - a two bedroom, 2 one bedrooms, and a studio. Each unit has central air. All of the apartments are currently occupied with leases that expire in mid 2023. On street parking is permitted and always available. Included on the property is a separate storage garage that has heat and electricity, as well as a full basement that's accessible from the outside. An investment property such as this rarely comes on the market. Don't miss it!

508 Sixth Avenue, Asbury Park

Listing courtesy of Howard Hanna Rand Realty-Morris Plains. Contact:

$1,100,000

5 Beds ⋅ 3 Baths

ICONIC Asbury Park! Must see this grand victorian a few blocks to beach in prime location. Welcoming wraparound porch brings you to a main entry door with common foyer featuring original woodwork and stained glass windowpanes. A magnificent staircase takes you to each level of this well maintained charmer. This multi family offers 3 beautiful apartments encompassing over 3000 sq feet of living space. 1st floor apartment-2 bed, living room, kitchen, bath. 2nd floor apartment-2 bed, living room, kitchen, bath. 3rd floor apartment-2 bedroom, living room, kitchen, bath. Also rented is a 3 bay detached garage. This home could also be easily returned to a single family home. Stairs to basement can be opened from 1st floor apartment offering additional living space if desired.

600 3rd Avenue, Asbury Park

Listing courtesy of C21 Thomson & Co.. Contact: yetmanmaureen@gmail.com

$675,000

3 Beds ⋅ 3 Baths

2 Family New Construction! A two-story, three-bedroom, 2½ bath home(1,632 sq ft) with a detached one-bedroom, one-bath apartment(634 sq ft) above the garage with private entrance. Owner Occupancy is required. Amenities include: Income Producing Opportunity, Energy Efficient Heating & Cooling System, Luxury Wood Style Vinyl Flooring, Double Paned Anderson 400 Series Windows, Stainless Steel Energy Star Appliances, Landscaped backyard with patio, Simply Safe Alarm System, Short Distance to beaches, shopping, restaurants, music venues, transportation to NYC & Philly, as well as close proximity to Jersey Shore Medical Center, Brookdale Community College and Monmouth University.

1142 Springwood Avenue, Asbury Park

Listing courtesy of Conroy Real Estate. Contact:

$675,000

3 Beds ⋅ 3 Baths

2 Family New Construction! A two-story, three-bedroom, 2½ bath home(1,632 sq ft) with a detached one-bedroom, one-bath apartment(634 sq ft) above the garage with private entrance. Owner Occupancy is required. Amenities include: Income Producing Opportunity, Energy Efficient Heating & Cooling System, Luxury Wood Style Vinyl Flooring, Double Paned Anderson 400 Series Windows, Stainless Steel Energy Star Appliances, Landscaped backyard with patio, Simply Safe Alarm System, Short Distance to beaches, shopping, restaurants, music venues, transportation to NYC & Philly, as well as close proximity to Jersey Shore Medical Center, Brookdale Community College and Monmouth University.

1146 Springwood Avenue, Asbury Park

Listing courtesy of Conroy Real Estate. Contact:

$1,450,000

6 Beds ⋅ 3 Baths

RARE OPPORTUNITY to own a 3 family just 2 blocks walk to the Asbury Park boardwalk & ocean. Options abound with this updated property as you can live in one unit and collect rent from the other 2, keep it as a 3 family with the great tenants in place and/or convert it to a large single family. Large lot offers parking for 6 cars plus a 2 car garage with connected full height walk out basement. Each (2) bedroom unit features updated kitchens and baths, central air, huge open floor plans, top floor unit has vaulted ceilings. Each unit has it's own separate gas, electric & water meters. Common area front deck, yard, (2) sets of w/d dryer in 1st floor laundry room. Ample storage thru out each unit, basement and garage. This property NOT subject to the new NJ lead based paint laws.

310 7th Avenue Unit (3 family), Asbury Park

Listing courtesy of Berkshire Hathaway HomeServices Signature Properties. Contact:

$675,000

3 Beds ⋅ 3 Baths

2 Family New Construction! A two-story, three-bedroom, 2½ bath home(1,632 sq ft) with a detached one-bedroom, one-bath apartment(634 sq ft) above the garage with private entrance. Owner Occupancy is required. Amenities include: Income Producing Opportunity, Energy Efficient Heating & Cooling System, Luxury Wood Style Vinyl Flooring, Double Paned Anderson 400 Series Windows, Stainless Steel Energy Star Appliances, Landscaped backyard with patio, Simply Safe Alarm System, Short Distance to beaches, shopping, restaurants, music venues, transportation to NYC & Philly, as well as close proximity to Jersey Shore Medical Center, Brookdale Community College and Monmouth University.

1148 Springwood Avenue, Asbury Park

Listing courtesy of Conroy Real Estate. Contact:

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Asbury Park Multi-Family Real Estate