710 Mattison Avenue, Asbury Park, NJ 07712

$5,000,000
Property Type: Commercial Square Footage: 39,600 Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $5,000,000 List Date: 5/08/2025 Last Modified: 9/17/2025

Description

PERFECT OPPORTUNITY ZONE INVESTMENT: This downtown building is already approved for 48 Microunit apartments. The building consists of a development site for the microunit apartments and one of the last remaining historic theaters in Asbury Park, The Savoy Theater. The Savoy opened as a live entertainment venue, a Vaudeville and tour house where Loise Brooks, Milton Berle, and James Cagney have performed. It was designed by Casino architect William Cottrell. Seller will also sell property across the street in order to meet development parking needs, as well as a liquor license for restaurant use.

More Information MLS# 22513493

Contract Info

Sale: Yes Lease: No List Price/SqFt: 126.26 New Construction: No Status: Active List Date: 2025-05-08 Property Sub-Type: Commercial List Price: $5,000,000 Current Price: $5,000,000

Location

Area/Section: SE Asbury Pk House Number: 710 Street Name: Mattison Street Suffix: Avenue County: Monmouth Municipality: Asbury Park (ASB) Postal City: Asbury Park State: NJ Zip Code: 07712 Directions: Cookman to the South, Main street to the West and Bond to the East.

General Property Info

# Levels: 5 Acreage: 0.3 Lot Dimensions: 129 x 100 Garage: No # Car Garage: 0 Apx SqFt: 39600 Apx Year Built: 1911

Tax and Legal

Asmnt - Total: 0

Use

Apartments: 1 Art/Frame: 1 Barber/Salon: 1 Medical: 1 Night Club: 1 Professional Service: 1 Professional/Office: 1

Electric

Other - See Remarks: 1

Gas

On Site: 1

Water Heater

Natural Gas: 1

Heating

Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Parking

Off Site: 1

Assessment Status

Assessed: 1

Property Features

Use: Apartments; Art/Frame; Barber/Salon; Medical; Night Club; Professional Service; Professional/Office Heating: Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Parking: Off Site Assessment Status: Assessed
Listing Office: Sackman Realty
Listing Agent: Matthew Warncke
IDX
Last Updated: September - 17 - 2025
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