702-704 Summerfield Avenue, Asbury Park, NJ 07712 - Photo 1

1/1

$1,900,000

Sold
Closed
Land Residential
0.15 Acres

1/1

Property Description

Rare opportunity to purchase 13,141 SF of land in Asbury Park's Central Business District. Zoning allows for a mixed-use 45' high building to be built at this location. Parking can be provided at grade for 28-32 cars. Preliminary Architectural work has been done and available upon request. Can also be combined with the building located a 428 Main Street for a larger footprint and project. Please note that this is not an approved site, all approvals must be applied for by the buyer/developer.

Full Property Details

Full Property Details for 702-704 Summerfield Ave

General

Sold For: $1,900,000
Taxes: $12,302 (2023)
Status: Closed
Type: Land Residential
Source: Monmouth
MLS ID: 22417628
Added to Site: 350 day(s) ago

Location

Area: Asbury Park (ASB)
Municipality: Asbury Park (ASB)
County: Monmouth

Utilities

Gas: On Site
Dist. to Gas: On Site
Dist. to Electric: On Site
Water/Sewer: Public Sewer on Site, Public Water on Site

Lot Features

Lot Size (Acres): 0.15
Lot Size (Sq. Ft.): 6,534
Lot Dimensions: 140 x 100
Lot Features: Level
Zoning: Central Business, Commercial, Condo, Mixed, Multifamily, Multi-Use, Office, Professional, Residential, Retail

Financial Considerations

Price Per Acre: $14,333,333.33
Assessment Amount: $795,700
Tax Amount: $12,302
Tax Year: 2023

Disclosures and Reports

Property ID: 04-02506-0000-00001
Section: SE Asbury Pk

Listed by Sackman Realty, Patrick Schiavino
Sold by Non Member, NON MEMBER MORR

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Listing agent

— 702-704 Summerfield Ave —

Patrick Schiavino

Sackman Realty

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Schools

Schools serving 702-704 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 702-704 Summerfield Ave

Date

Details

Price

Change

Source

7/30/2025

Sold

$1,900,000

-11.63%

MLS

6/21/2024

Listed

$2,150,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Single Family
Active
Updated 13 minutes ago

4
Beds
3
Total Baths
2,186
Sq. Ft.

Listed by Jack Green Realty, Jack Green IV and Jack Green Realty, Jack Green

32 Embury Ave, Ocean Grove, NJ 07756 - Photo 1

Just Listed

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Commercial
Active

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Just Listed

$3,650,000

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Single Family
Active
Updated 2 days ago

6
Beds
4
Total Baths

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112 Euclid Ave, Loch Arbour, NJ 07711 - Photo 1

Just Listed

$5,900,000

112 Euclid Ave Loch Arbour, NJ 07711

Single Family
Active
Updated 4 days ago

6
Beds
3
Total Baths
3,021
Sq. Ft.

Listed by Diane Turton, Realtors-Spring Lake, Mary Beth Lanagan

1323 7th Ave, Neptune Township, NJ 07753 - Photo 1

Price Reduced

-$76,000 (-7.79%)

$899,000

1323 7th Ave Neptune Township, NJ 07753

Retail
Active

Listed by Keller Williams Realty Spring Lake, Lynn M McCabe and Keller Williams Realty East Monmouth, Glenn Jaffe

96 Whalepond Rd, Oakhurst, NJ 07755 - Photo 1

Price Reduced

-$50,000 (-3.85%)

$1,249,900

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Single Family
Active
Updated 4 days ago

4
Beds
2
Total Baths
1,497
Sq. Ft.

Listed by Elite Real Estate Agency , LLC, Meir Araman

24 Old Mill Ct, Wall Township, NJ 07719 - Photo 1

Price Reduced

-$31,000 (-4.56%)

$649,000

24 Old Mill Ct Wall Township, NJ 07719

Condo
Active
Updated 6 days ago

2
Beds
3
Total Baths
1,386
Sq. Ft.

Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake, Edward James Szumski

18 Chapel Ln, Wall Township, NJ 07727 - Photo 1

Price Reduced

-$29,000 (-4.47%)

$620,000

18 Chapel Ln Wall Township, NJ 07727

Townhouse
Active
Updated 5 days ago

3
Beds
3
Total Baths
1,644
Sq. Ft.

Listed by Space & Company, Robert McDonald

17 Atlantic Ave, Ocean Grove, NJ 07756 - Photo 1

Sold

$2,100,000

17 Atlantic Ave Ocean Grove, NJ 07756

Single Family
Closed

3
Beds
3
Total Baths
2,735
Sq. Ft.

Listed by RE/MAX Gateway, Thea Bowers
Sold by Keller Williams Realty Central Monmouth, Emily Knight

35 Embury Ave, Ocean Grove, NJ 07756 - Photo 1

Sold

$1,625,000

35 Embury Ave Ocean Grove, NJ 07756

Single Family
Closed

5
Beds
4
Total Baths
2,537
Sq. Ft.

Listed by Space & Company, Susan B Padva
Sold by Keller Williams Shore Properties, Susan Staffordsmith and Keller Williams Shore Properties, Diane Notarfrancesco

9 Pitman Ave, Ocean Grove, NJ 07756 - Photo 1

Sold

$1,679,000

9 Pitman Ave Ocean Grove, NJ 07756

Single Family
Closed

6
Beds
4
Total Baths
2,221
Sq. Ft.

Listed by Jack Green Realty, Michelle Green and Jack Green Realty, Jack Green IV
Sold by RE/MAX Revolution, Carla Colucci

3 Sunset Dr, Asbury Park, NJ 07712 - Photo 1

Sold

$1,777,500

3 Sunset Dr Asbury Park, NJ 07712

Single Family
Closed

4
Beds
3
Total Baths
3,444
Sq. Ft.

Listed by Sackman Realty, James Kesling
Sold by RE/MAX Achievers, Henry Buerck

702-704 Summerfield Avenue, Asbury Park, NJ 07712 (MLS# 22417628) is a Land Residential property that was sold at $1,900,000 on July 30, 2025. Want to learn more about 702-704 Summerfield Avenue? Do you have questions about finding other Land Residential 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.

702-704 Summerfield Ave Asbury Park, NJ 07712