$10,995,000
Manasquan, NJ 08736
MLS# 22617427

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Property Description
Welcome to The Reef, a 23-unit apartment building completed in 2024 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, including 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 1,363 square feet. Units feature high-end finishes, including custom kitchen layouts with full stainless steel appliance packages, stackable washer & dryer, balconies in some units, and private lockable storage units in all units.
Details
Maps
Contract Info
Sale: Yes
Lease: No
New Construction: No
Status: Active
List Date: 2026-06-10
Property Sub-Type: Commercial
List Price: $10,995,000
Current Price: $10,995,000
Location
Area/Section: None
Business District: 1
Comm Distr: 1
Near Busstop: 1
Res Distr: 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: Route 71 / Union Avenue 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: 4137600
Taxes: 74601
Tax Year: 2025
Remarks & Misc
Excluded: Please consult with listing broker.
Income & Expenses
# Rental Units: 23
Financials Per: Year
Use
Apartments: 1
Interior
Fire Alarm: 1
Fire Sprinkler System: 1
Handicapped: 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
Exterior
Handicapped: 1
Lighting: 1
Sign: 1
Common Elements
Common Area: 1
Community Room: 1
Controlled Access: 1
Elevator(s): 1
Exercise Room: 1
Landscaping: 1
Storage: 1
Parking
Assigned: 1
Covered: 1
Off Site: 1
Off Street: 1
On Site: 1
On Street: 1
Paved: 1
Reserved: 1
Assessment Status
Assessed: 1
Documents Available
Aerial Photo: 1
Site Plan: 1
Survey: 1
Property Features
Location: Business District; Comm Distr; Near Busstop; Res Distr; Other - See Remarks; Business District; Comm Distr; Near Busstop; Res Distr; Other - See Remarks
Use: Apartments
Interior: Fire Alarm; Fire Sprinkler System; Handicapped; 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
Exterior: Handicapped; Lighting; Sign
Parking: Assigned; Covered; Off Site; Off Street; On Site; On Street; Paved; Reserved
Lot Description: Sidewalks; See Remarks
Common Elements: Common Area; Community Room; Controlled Access; Elevator(s); Exercise Room; Landscaping; Storage
Assessment Status: Assessed
Documents Available: Aerial Photo; Site Plan; Survey
Listing Office: Ward Wight Sotheby's International Realty
Listing Agent: Keith W Kernan

Last Updated: June - 10 - 2026
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.