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316 8th Ave
Asbury Park, NJ 07712
Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 4,303 SF
No. Stories 2
Year Built/Renovated 1890/1995
Parking Ratio 0.23/1,000 SF
Zoning MF-15

ABOUT 316 8TH AVE , ASBURY PARK, NJ 07712

Turn of the century victorian style 8 unit apartment building located in Excellent location 2 blocks from the exciting Asbury Park Beachfront. Pride of ownership as you step into this well cared for home complete with new front steps leading into original hardwood floors. The front main home contains 6 units total( 3, 1 bedroom and 3 studios) the back carriage house has 2 units (1 bedroom). Updated high efficiency heating system and water heater. Very strong financials with long term tenants netting aprox $70k a year.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $1,100 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-03708-0000-00002
Land Assessment
$1,113,314
Improvements Assessment
$514,879
Total Assessment
$1,628,193
  • Listing ID: 13438487

  • Date on Market: 2018-08-08

  • Last Updated:

  • Address: 316 8th Ave, Asbury Park, NJ 07712

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