Development Site In Asbury Park, NJ Sells For $2.2M

An undisclosed development site located at 1001 1st Avenue in Asbury Park, NJ, has been sold for a price of $2,175,000. The transaction took place on June 18, 2021, with brokers Fahri Ozturk, Richard Gatto, and Chez Eider facilitating the deal.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,175,000
• BSF: 120,333
• PPBSF: $18
• Address: 1001 1st Avenue, Asbury Park, NJ
• Market: Asbury Park, NJ

Although no additional details regarding the property's characteristics are available, the undisclosed development site boasts a sale price of $2,175,000 and a building square footage of 120,333. The offering price per building square footage is set at $18.