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1222-1230 1st Ave
Asbury Park, NJ 07712
Multifamily Property For Sale
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10 Units
Investment Highlights
- 6.9% cap rate
- Over $250,000 spent in capital expenditures
- Separate utilities
- Value-add opportunity
- Mix of unit types
- On-site parking; 10 blocks to the beach and Asbury boardwalk
Property Facts
| No. Units | 10 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 6,336 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | ||
| Zoning | R1, 4C - Apartments | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 6,336 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | R1, 4C - Apartments |
Property Taxes
| Parcel Number | 04-01601-0000-00002 | Improvements Assessment | $1,177,700 |
| Land Assessment | $200,000 | Total Assessment | $1,377,700 |
Property Taxes
Parcel Number
04-01601-0000-00002
Land Assessment
$200,000
Improvements Assessment
$1,177,700
Total Assessment
$1,377,700
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