515 Lake Ave Asbury Park, NJ 07712
Estimated payment $12,826/month
About This Lot
This is a very rare opportunity to purchase a building lot in the Central Business District of Asbury Park, just outside of the Waterfront Redevelopment Area. This lakefront property is flat and clean and all utilities are at the curb. The property borders on a Kennedy Park to the east, for unobstructed views of the park and Wesley Lake. Zoning will allow for a mixed-use building with apartments or condos over retail below. There is also room for off-street parking on site depending on the site plan. Please note that the picture of the building is not a rendering of what can be built on the lot.
Property Details
Property Type
- Land
Est. Annual Taxes
- $23,145
Lot Details
- Lot Dimensions are 75 x 100
- Lake Front
Additional Features
- Water Views
- Electricity Available at Street
- Gas Available at Street
Listing and Financial Details
- Assessor Parcel Number 04-03105-0000-00001-02
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,873 | $1,321,100 | $1,136,200 | $184,900 |
| 2024 | $18,003 | $1,193,000 | $1,071,000 | $122,000 |
| 2023 | $18,003 | $1,164,500 | $1,151,000 | $13,500 |
| 2022 | $13,990 | $972,700 | $959,200 | $13,500 |
| 2021 | $13,990 | $885,600 | $872,100 | $13,500 |
| 2020 | $13,948 | $885,600 | $872,100 | $13,500 |
| 2019 | $13,916 | $843,400 | $830,500 | $12,900 |
| 2018 | $15,475 | $613,600 | $609,200 | $4,400 |
| 2017 | $14,007 | $673,400 | $650,000 | $23,400 |
| 2016 | $8,134 | $379,400 | $375,000 | $4,400 |
| 2015 | $8,400 | $379,400 | $375,000 | $4,400 |
| 2014 | $8,222 | $379,400 | $375,000 | $4,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $2,000,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22525092
APN: 04-03105-0000-00002
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