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1029 1st Avenue, Asbury Park, NJ 07712

$655,000
: 4
BD
: 2
BA

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Sold Price: $655,000
List Price: $699,000
Status: CLOSED
Type: Multifamily
MLS#: 22517987
Closing Date: Oct 29, 2025
Beds: 4
Baths: 2
Region: Asbury Park (ASB)
Year Built: 1920

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Property Description

Ideally located on a serene, tree-lined block, 1029 First Avenue offers classic shore-town charm and untapped potential. Set on a 50x100 corner lot near the beach, boardwalk, restaurants, shops, galleries, music venues, and train station, this two-family home includes two spacious 2BR/1BA units, each with a private porch and separate gas/electric utilities. Additional features include a full basement, double-wide driveway & detached two-car garage, offering rare, ample off-street parking. The home has a newer roof, vinyl siding, and some cosmetic updates, but needs reconditioning and is being sold as-is. Whether you're an investor or owner occupant, this property offers flexibility and long-term value in one of the East Coast's most exciting beach towns.

(908) 208-2699

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Additional Information

Acres: 0.11
Closing Date: Oct 29, 2025
Taxes: $8,994
Subtype: Duplex
Lot Description: Corner Lot
Year Built: 1920
Basement: Full
Roof: Shingle
Heat Ac: Natural Gas, 2 Zoned Heat
Parking Driveway: Detached, Off Street, Paver Block
Garage: Yes
Garage Capacity: 2
Units: 2