#22507582, Justin Kiliszek, Listing office: EXP Realty
$949,000 List price
400 Prospect Ave Asbury Park, NJ 07712
4,032 sqft
0.07 acres
$235 / sqft
Multi-Family
Property details
About 400 Prospect Ave
Prime mixed-use investment property in Asbury Park. Excellent opportunity to own a fully-leased, income producing property in a high-traffic area of vibrant Asbury Park. This building features 3 residential units and 1 commercial space all with long-term, reliable tenants. Strong rental income and consistent cash flow. Ideal for investors seeking a turn key property in a growing market. Property is being sold in ''AS IS'' condition. Rent roll is $6,229 monthly, Don't miss out on this rare chance to invest in this wonderful opportunity.
Highlights
Home typeMulti Family
HeatingForced Air
StatusActive
CoolingMulti Unit(s)
Size4,032 sqft
BasementYes
Lot size0.07 Acres
Year built1923
ParkingOn Street, None
MLS #22501401
Summary
- Basement: Yes
- Flooring Type: Wood
- Attached Garage: No
- Parking: On Street, None
- Heating: Forced Air
- Cooling: Multi Unit(s)
- List Price: $949,000
- Price/SqFt: $235
- Annual Tax Amount: $7,678
- Tax Year: 2024
- Lot: Corner Lot
- Year Built: 1923
- Living Area: 4,032 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 22501401
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: RE/MAX Central
- Listing Agent: JoAnna Maietta
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 10:40:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 23, 2021 | Home Sold | $525,000 |
| Dec 22, 2016 | Home Sold | $355,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $540,900 | $7,678 |
| 2022 | $490,500 | $7,102 |
| 2021 | $449,500 | $7,199 |
| 2020 | $457,100 | $7,167 |
| 2019 | $434,400 | $7,252 |
History based on county public records data.
Nearby schools
1
Bradley Elementary School
Public District PK-3
0.4 mi
•1100 3rd Ave
1
Thurgood Marshall Elementary School
Public District PK-3
0.4 mi
•600 Monroe Ave
3
Midtown Community Elementary School
Public District KG-5
0.5 mi
•1155 Corlies Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,214. Typical income of Asbury Park, NJ residents is between $35k-100k annually. Most families are single, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
38%
<35k
55%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
44%
Single, with Kids
6%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
12%
12-17 yrs old
29%
18-34 yrs old
29%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 400 Prospect Ave
The listing price of 400 Prospect Ave property is $949,000.
The property 400 Prospect Ave is a multi located in Asbury Park, New Jersey, 07712.
Active Listing: 400 Prospect Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 400 Prospect Ave are: Bradley Elementary School (GreatSchools Rating 1/10), Thurgood Marshall Elementary School (GreatSchools Rating 1/10), Midtown Community Elementary School (GreatSchools Rating 3/10), Dr. Martin Luther King Upper Elementary School (GreatSchools Rating 1/10), Hope Academy Charter School (GreatSchools Rating 5/10), College Achieve Greater Asbury Park Charter School (GreatSchools Rating 4/10), Asbury Park High School (GreatSchools Rating 1/10), Neptune High School (GreatSchools Rating 2/10), Monmouth County Academy of Allied Health and Science (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $7,678 (source: MLS/based on county public records data).
The last sale was on December 23, 2021 for $525,000 (source: MLS/tax record).
The property 400 Prospect Ave is 4,032 SqFt (source: MLS/tax record).
The year of construction for 400 Prospect Ave is 1923.
This home is located at 400 Prospect Ave in Asbury Park, NJ and zip code 07712. This 4,032 square foot home, which was built in 1923, sits on a 0.07 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $949,000.
Over 3 listings were sold over their listed price in June 2025 in Asbury Park, NJ. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price. Between May and June 2025, Asbury Park, NJ real estate market has seen no change in the number of listings . The median list price of listings available in June 2025 was $705,000, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.