574 Cookman Avenue, Asbury Park, NJ 07712

$4,800,000
Property Type: Commercial Square Footage: 20,000 Lot Size (sq. ft.): 3,920 Status: Closed
Current Price: $4,800,000 List Date: 10/18/2023 Last Modified: 6/24/2025

Overview

Description

One of the last remaining development sites in the downtown. Whether you are looking to purchase and operate your own business or develop as an investment property, 574 Cookman is a perfect acquisition located in an opportunity zone. This property has a variety of commercial and residential uses, but a prime location for a restaurant. Please contact agent for additional information.

Listing Details MLS# 22329137

Contract Info

Property Sub-Type
Commercial
Sale
Yes
Lease
Yes
List Price/SqFt
295
Lease Price
5900000
Lease Price Per/SqFt
295
New Construction
No

Location

House Number
574
Street Name
Cookman
Street Suffix
Avenue
County
Monmouth
Municipality
Asbury Park (ASB)
Postal City
Asbury Park
State
NJ
Zip Code
07712
Area/Section
SE Asbury Pk
Directions
In the heart of Asbury Park's central business district

General Property Info

# Levels
3
# Elevators
Yes
Apx SqFt
20000
Apx Year Built
1919
Garage
No
Acreage
0.09
Lot Dimensions
48 x 130
Business Operating
No
# Car Garage
0

Tax and Legal

Asmnt - Total
2432100
Taxes
37753
Tax Year
2022

Status Change Info

Under Contract Date
2024-02-23
Sold Date
2024-05-31

Use

Art/Frame
Yes
Bakeries/Shop
Yes
Bar/Tavern/Lounge
Yes
Bowling Alley
Yes
Medical
Yes
Night Club
Yes
Pizza
Yes
Professional Service
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes

More Information

Electric

Other - See Remarks
Yes

Gas

On Site
Yes

Water Heater

Natural Gas
Yes

Heating

Natural Gas
Yes

Water

Public Water
Yes

Sewer

Public Sewer
Yes

Parking

On Street
Yes

Assessment Status

Assessed
Yes

Property Features

Use: Art/Frame; Bakeries/Shop; Bar/Tavern/Lounge; Bowling Alley; Medical; Night Club; Pizza; Professional Service; Professional/Office; Restaurant; Retail Heating: Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Parking: On Street Assessment Status: Assessed
Listing Office: Sackman Realty
Listing Agent: Morgan Sackman
IDX
Last Updated: June - 24 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.