700 Summerfield Avenue, Asbury Park, NJ 07712
$725,000
Property Type:
Commercial
Square Footage:
2,500
Lot Size (sq. ft.):
1,307
Status:
Closed
Current Price:
$725,000
List Date:
9/05/2025
Last Modified:
2/03/2026
Description
Great corner location in Asbury Park's Central Business District. Building recently renovated in 2015, including new plumbing, HVAC (2 zones) and electric. Roof was replaced in 2023. Currently owner occupied. Current business is an Audio Post Production Mastering Studio. All equipment can be purchased separately if new owner has that use (see list in documents). Current zoning is CBD allows for 1st floor retail, office, service, many uses. Upper floor can be the same use plus residential. Zoning allows for expansion of height to 45 feet.
More Information MLS# 22526913
Contract Info
Sale: Yes
Lease: No
List Price/SqFt: 300
New Construction: No
Status: Closed
List Date: 2025-09-05
Property Sub-Type: Commercial
Sold Price: $725,000
Current Price: $725,000
Location
Area/Section: SE Asbury Pk
House Number: 700
Street Name: Summerfield
Street Suffix: Avenue
County: Monmouth
Municipality: Asbury Park (ASB)
Postal City: Asbury Park
State: NJ
Zip Code: 07712
Directions: Main Street to Summerfield Avenue, turn east towards the beach. Property is located on the corner of Summerfield and Bond Streets.
General Property Info
# Levels: 2
Available SqFt: 2500
Acreage: 0.03
Lot Dimensions: 30 x 50
Garage: No
# Car Garage: 0
Apx SqFt: 2500
Apx Year Built: 1919
Tax and Legal
Asmnt - Total: 631300
Taxes: 9763
Tax Year: 2024
Remarks & Misc
Excluded: All office and related equipment unless new purchaser would like to purchase as add on.
Use
Apartments: 1
Art/Frame: 1
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Zoning
Central Business: 1
Multi-Use: 1
Electric
200 - 400 AMP: 1
Three Phase: 1
Basement
Full: 1
Gas
On Site: 1
Cooling
Central Air: 1
Water Heater
Natural Gas: 1
Heating
Natural Gas: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Parking
On Street: 1
Assessment Status
Assessed: 1
Construction/Siding
Brick: 1
Status Change Info
Under Contract Date: 2025-11-07
Sold Date: 2026-01-30
Sold Price: $725,000
Property Features
Use: Apartments; Art/Frame; Professional Service; Professional/Office; Restaurant; Retail
Basement: Full
Cooling: Central Air
Heating: Natural Gas
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: 200 - 400 AMP; Three Phase
Parking: On Street
Zoning: Central Business; Multi-Use
Assessment Status: Assessed
Listing Office:
Sackman Realty
Listing Agent:
Patrick Schiavino
Last Updated: February - 03 - 2026
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.