532 Prospect Avenue, Asbury Park, NJ 07712

$690,000
Property Type: Multi-Family Bedrooms: 8 Baths: 2 Status: Active
Current Price: $690,000 List Date: 7/27/2025 Last Modified: 7/27/2025

Description

Investor Alert! Discover the potencial in this two family home located in the heart of Asbury Park. Each unit offers a spacious layout with 4 bedrooms and 1 full bathroom, making it an ideal setup for large households or long term tenants. Each unit has its own private entrance. Both units are currently tenant occupied, generating immediate rental income for the savvy investor. Located just minutes from Asbury Park's beaches, boardwalk, downtown restaurants, and NJ transit. Whether you're looking to start or grow your investment portfolio this property offers excellent upside in one of New Jersey's hottest coastal markets.

More Information MLS# 22522388

Contract Info

New Construction: No Status: Active List Date: 2025-07-25 List Price: $690,000 Current Price: $690,000 Property Sub-Type: Duplex

Location

Area/Section: NW Asbury Pk House Number: 532 Street Name: Prospect Street Suffix: Avenue County: Monmouth Municipality: Asbury Park (ASB) Postal City: Asbury Park State: NJ Zip Code: 07712 Complex/Subdivision: None Directions: Asbury Ave to Church to Prospect

General Property Info

# Units in Bldg: 2 Waterfront: No # Levels: 2 Waterview: No Fireplace: No Basement: Yes Garage: No # Car Garage: 0 Pool: No Bedrooms: 8 Full Baths: 2 Total Baths: 2

Tax and Legal

Asmnt - Total: 0 Deed Restricted: No

Unit 1

# Bedrooms: 4 # Full Baths: 1 AC Unit: 1 Furnace: 1 Gas Stove: 1 Refrigerator: 1 Water Heater: 1

Unit 2

# Bedrooms: 4 # Full Baths: 1 AC Unit: 1 Furnace: 1 Gas Stove: 1 Water Heater: 1

Showing

Showing Time: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Basement

Tenant Storage: 1

Cooling

Other: 1

Water Heater

Natural Gas: 1

Heating

Natural Gas: 1

Assessment Status

Assessed: 1

Property Features

Unit 1: AC Unit; Furnace; Gas Stove; Refrigerator; Water Heater Unit 2: AC Unit; Furnace; Gas Stove; Water Heater Basement: Tenant Storage Cooling: Other Heating: Natural Gas Water Heater: Natural Gas Assessment Status: Assessed Showing: Showing Time
Listing Office: Best Realty LLC
Listing Agent: Bruce Parker
IDX
Last Updated: July - 27 - 2025
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