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The Reef 33 Union Ave 23 Unit Apartment Building $15,385,303 CAD ($668,926 CAD/Unit) Manasquan, NJ 08736
Executive Summary
Welcome to The Reef, a 23-unit apartment building completed in 2024 located in the highly desirable Jersey Shore town of Manasquan. This in-town location is approximately 1.3 miles from the Manasquan beaches and in close proximity to everything the Jersey Shore has to offer, including NJ Transit with rail transportation to North Jersey and NYC. This building represents one of the newest projects in Manasquan and features one- to two-bedroom units (mostly two bedrooms) ranging in size from approximately 772 to 1,363 square feet. Units feature high-end finishes, including custom kitchen layouts with full stainless steel appliance packages, stackable washer & dryer, balconies in some units, and private lockable storage units in all units.
Property Facts
| Price | $15,385,303 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $668,926 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.59 AC |
| No. Units | 23 | Building Size | 38,823 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2024 |
| Zoning | B-1 - Neighborhood Business / Local Business | ||
| Price | $15,385,303 CAD |
| Price Per Unit | $668,926 CAD |
| Sale Type | Investment |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.59 AC |
| Building Size | 38,823 SF |
| No. Stories | 3 |
| Year Built | 2024 |
| Zoning | B-1 - Neighborhood Business / Local Business |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Ice Maker
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Intercom
- Island Kitchen
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Disposal Chutes
- Wheelchair Accessible
- Gas Range
- Recycling
- Storage Space
- Bicycle Storage
- Elevator
- Multi Use Room
- Public Transportation
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | 1,000 |
| 2+2 | 12 | - | 1,200 - 1,600 |
| 3+2 | 1 | - | 1,200 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 29-00066-02-00031-01 | Improvements Assessment | $4,942,694 CAD |
| Land Assessment | $826,734 CAD | Total Assessment | $5,769,428 CAD |
Property Taxes
Parcel Number
29-00066-02-00031-01
Land Assessment
$826,734 CAD
Improvements Assessment
$4,942,694 CAD
Total Assessment
$5,769,428 CAD
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The Reef | 33 Union Ave
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