Zumper
modified
49 Minutes Ago

Highlights

  • Pet Friendly
  • Private balcony
  • On-site laundry
  • Scenic views
  • Heat
  • Gleaming hardwood floors
  • Newer appliances

Location

508 5th Ave, Asbury Park, NJ 07712, USA|Asbury Park
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Tour 508 5th Avenue

Contact

Management

1101 HBC LLC

Leasing office

(908) 675-3435

Property Overview

508 5th Avenue receives strong ratings across various aspects, including an overall score of 8.9 from Zumper, highlighting its excellent value and competitive pricing. The property shines with a perfect balance of amenities and location, each rated at 9 out of 10, showcasing features like hardwood floors, newer appliances, and scenic views alongside convenient access to transportation and nearby schools. Additionally, with high scores in quality and trustworthiness, it offers transparency and a promising living experience for potential renters.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.9
Very Good
With a solid 8.9 out of 10 overall, 508 5th Avenue is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 508 5th Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Dishwasher
  • Outdoor space

Great for

  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath$1,825–$1,850 /mo2 units availableDiscover this beautiful studio apartment available for rent in the heart of Asbury Park. Perfectly situated just a few blocks from the beach and steps away from the vibrant energy of Cookman Avenue, this apartment offers both charm and convenience in one of the city's most sought-after locations. The interior features gleaming hardwood floors throughout and comes equipped with newer appliances, making the space both stylish and functional. Step out onto your private balcony and enjoy peaceful views overlooking the lake and the adjacent park—an ideal setting to relax and unwind. The building offers on-site laundry for added convenience, and tenants have the option of street parking or assigned parking in the rear for an additional fee. You'll only be responsible for electric, as heat, water, and other essentials are included. With its unbeatable location, scenic views, and thoughtful amenities, this Asbury Park studio is a rare find. Don’t miss your chance to live just moments from the beach, dining, and entertainment. Contact us today to schedule your tour! Sigman Real Estate Office : 732-774-4633 Cell : 908-675-3435 Email : **** Website : www sigmanrealestate com

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Amenities for 508 5th Avenue

Apartment Amenities

BalconyGas

Appliances

DishwasherMicrowave
RangeRefrigerator
Stove

Building

Cats OKDogs OK

Services

Water and Sewer
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units20
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About 508 5th Avenue

HomeApartments in Asbury ParkAsbury Park 508 5th Avenue

Discover this beautiful studio apartment available for rent in the heart of Asbury Park. Perfectly situated just a few blocks from the beach and steps away from the vibrant energy of Cookman Avenue, this apartment offers both charm and convenience in one of the city's most sought-after locations. The interior features gleaming hardwood floors throughout and comes equipped with newer appliances, making the space both stylish and functional. Step out onto your private balcony and enjoy peaceful views overlooking the lake and the adjacent park—an ideal setting to relax and unwind. The building offers on-site laundry for added convenience, and tenants have the option of street parking or assigned parking in the rear for an additional fee. You'll only be responsible for electric, as heat, water, and other essentials are included. With its unbeatable location, scenic views, and thoughtful amenities, this Asbury Park studio is a rare find. Don’t miss your chance to live just moments from the beach, dining, and entertainment. Contact us today to schedule your tour! Sigman Real Estate Office : 732-774-4633 Cell : 908-675-3435 Email : **** Website : www sigmanrealestate com


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, 508 5th Avenue is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 508 5th Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 508 5th Avenue
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
508 5th Avenue stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
508 5th Avenue goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 508 5th Avenue receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
508 5th Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
508 5th Avenue has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

508 5th Avenue is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 dog park within 1 mile
  • 3 pet grooming services nearby
  • 4 pet supply stores near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 508 5th Avenue compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
Dishwasher
Dishwasher available in kitchen
Outdoor space
Easy access to the outdoors
Pet friendly
This property allows pets

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Asbury Park

studio apartments at 508 5th Avenue cost about 6% less than the average rent price for studio apartments in Asbury Park.

Median rents as of Oct 18 2025.
Asbury Park
Asbury Park
A table of studio rental data trends in Asbury Park
MonthMedian Rent
November 2023$1,700
December 2023$1,845
January 2024$1,850
February 2024$1,675
March 2024$1,667
April 2024$1,590
May 2024$1,616
June 2024$1,901
July 2024$1,668
August 2024$1,959
September 2024$1,860
October 2024$1,759
November 2024$1,674
December 2024$1,743
January 2025$1,760
February 2025$1,768
March 2025$2,120
April 2025$2,350
May 2025$2,500
June 2025$2,481
July 2025$2,190
August 2025$2,105
September 2025$2,145
October 2025$2,020
A table of studio rental data trends in Asbury Park
MonthMedian Rent
November 2023$1,700
December 2023$1,845
January 2024$1,850
February 2024$1,675
March 2024$1,667
April 2024$1,590
May 2024$1,616
June 2024$1,901
July 2024$1,668
August 2024$1,959
September 2024$1,860
October 2024$1,759
November 2024$1,674
December 2024$1,743
January 2025$1,760
February 2025$1,768
March 2025$2,120
April 2025$2,350
May 2025$2,500
June 2025$2,481
July 2025$2,190
August 2025$2,105
September 2025$2,145
October 2025$2,020

Affordability calculator

Can I afford to live at 508 5th Ave?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$73,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $73,000 annually to afford this studio monthly rent price of $1,825.
For more information on rent affordability, visit our rent calculator.

Schools near 508 5th Avenue

Thurgood Marshall Elementary School

600 monroe ave

asbury park, NJ, 7712

PK, K-3Public
C-

Dr. Martin Luther King Middle School

1200 bangs ave

asbury park, NJ, 7712

4-6Public
C-
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Internet available near 508 5th Avenue

Neighborhood

Asbury Park | Asbury Park, NJ

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Asbury Park near 508 5th Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 508 5th Ave, Asbury Park

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 20-minute walk

High schools

8/10
At least one high school within a 20-minute walk

Parks

4/10
Limited amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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