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$725,000
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Property 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.
Full Property Details
Full Property Details for 700 Summerfield Ave
General
- Sold For: $725,000
- Taxes: $9,763 (2024)
- Status: Closed
- Type: Retail
- Source: Monmouth
- MLS ID: 22526913
- Added to Site: 168 day(s) ago
Business
- Business Type: Retail, Art/Frame, Apartments, Professional Service, P
Parking
- Parking Features: On-Street
Location
- Area: Asbury Park (ASB)
- Municipality: Asbury Park (ASB)
- County: Monmouth
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick
- Square Feet: 2,500
- Current Bldg. Use: Apartments, Art/Frame, Professional Service, Professional/Office, Restaurant, Retail
- Minimum Avail: 2,500 Sq. Ft.
- Year Built: 1919
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306.8
- Lot Dimensions: 30 x 50
- Zoning: Central Business, Multi-Use
Financial Considerations
- Price Per Sq. Ft.: $300
- Assessment Amount: $631,300
- Tax Amount: $9,763
- Tax Year: 2024
Disclosures and Reports
- Exclusions: All office and related equipment unless new purchaser would like to purchase as add on.
- Property ID: 04-02506-0000-00002
- Section: SE Asbury Pk
Listed and Sold by Sackman Realty, Patrick Schiavino
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Schools
Schools serving 700 Summerfield Ave
School District:Asbury Park City School District
| Name | Grades | Distance |
|---|---|---|
Asbury Park High School 1001 Sunset Avenue, Asbury Park, NJ 07712 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 Summerfield Ave
Date
Details
Price
Change
Source
1/30/2026
Sold
$725,000
-3.33%
MLS
9/05/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
700 Summerfield Avenue, Asbury Park, NJ 07712 (MLS# 22526913) is a Retail property that was sold at $725,000 on January 30, 2026. Want to learn more about 700 Summerfield Avenue? Do you have questions about finding other Retail real estate for sale in Asbury Park? You can browse all Asbury Park real estate or contact a Coldwell Banker agent to request more information.

