$10,295,000
Manasquan, NJ 08736
MLS# 22517175
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Property Description
NEW PRICE...First Time Offered since newly constructed & completed in 2024 - The Reef is a 23 Unit apartment building located in the highly desirable Jersey Shore town of Manasquan. This in-town location is approximately 1.3 miles from the Manasquan beaches and in close proximity to everything the Jersey Shore has to offer, to include NJ Transit with rail transportation to north Jersey and NYC. This building represents one of the newest projects in Manasquan and features one to two bedroom units ( mostly two bedrooms ) ranging in size from approximately 772 to 1363 square feet. Units feature high end finishes to include custom kitchen lay-outs with full stainless steel appliance packages, stackable washer & dryer, some units have balconies, all units have private lockable storage units.
Details
Maps
Contract Info
Sale: Yes
Lease: No
Status: Active
List Date: 2025-06-10
Property Sub-Type: Commercial
List Price: $10,295,000
Current Price: $10,295,000
Location
Area/Section: None
Business District: 1
Near Busstop: 1
Other - See Remarks: 1
House Number: 33
Street Name: Union
Street Suffix: Avenue
County: Monmouth
Municipality: Manasquan (MAQ)
Postal City: Manasquan
State: NJ
Zip Code: 08736
Directions: Union Avenue / Route 71 to The Reef
General Property Info
Handicap Access: Yes
# Levels: 3
# Elevators: 1
Acreage: 0.64
Garage: Yes
Apx Year Built: 2024
Tax and Legal
Asmnt - Total: 592900
Taxes: 10542
Tax Year: 2024
Income & Expenses
# Rental Units: 23
Use
Apartments: 1
Interior
Fire Alarm: 1
Fire Sprinkler System: 1
Passenger Elevator: 1
Lot Description
See Remarks: 1
Sidewalks: 1
Floors
Tile: 1
Vinyl: 1
Vinyl Plank: 1
Other: 1
See Remarks: 1
Electric
Other - See Remarks: 1
Basement
Locked Storage: 1
Other: 1
Tenant Access: 1
Tenant Storage: 1
Gas
On Site: 1
Cooling
Central Air: 1
Water Heater
Natural Gas: 1
Other - See Remarks: 1
Heating
Forced Air: 1
Natural Gas: 1
Other: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Parking
Assigned: 1
Off Site: 1
Off Street: 1
On Site: 1
On Street: 1
Reserved: 1
Assessment Status
Assessed: 1
Documents Available
Aerial Photo: 1
Site Plan: 1
Survey: 1
Property Features
Location: Business District; Near Busstop; Other - See Remarks; Business District; Near Busstop; Other - See Remarks
Use: Apartments
Interior: Fire Alarm; Fire Sprinkler System; Passenger Elevator
Floors: Tile; Vinyl; Vinyl Plank; Other; See Remarks
Basement: Locked Storage; Tenant Access; Tenant Storage; Other
Cooling: Central Air
Heating: Forced Air; Natural Gas; Other
Water Heater: Natural Gas; Other - See Remarks
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: Other - See Remarks
Parking: Assigned; Off Site; Off Street; On Site; On Street; Reserved
Lot Description: Sidewalks; See Remarks
Assessment Status: Assessed
Documents Available: Aerial Photo; Site Plan; Survey
Supplements
Additional amenities include raised panel woodwork in common areas, recessed lighting, central air conditioning, elevator ( one ), open floor plans, intercom / mobile app access system - in addition to a gym, package room, fully furnished common room, select units come with one assigned parking spot, street parking available.
Very exciting opportunity rarely available on the Jersey Shore!
Listing Office: Ward Wight Sotheby's International Realty
Listing Agent: Keith W Kernan
Last Updated: December - 10 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.