Zumper
modified
4 Days Ago

Highlights

  • Pet Friendly
  • Private balcony
  • Dishwasher
  • Hardwood floors
  • Central location
  • Prime location
  • On-site laundry

Location

508 5th Ave, Asbury Park, NJ 07712, USA|Asbury Park
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Contact

Management

1101 HBC LLC

Leasing office

(908) 675-3435

Property Overview

508 5th Avenue features a strong Zumper expert rating of 9.2, reflecting its exceptional quality and value. With a competitive price rating of 10 and impressive amenities such as hardwood floors and a private balcony, this property stands out in its prime location. Additionally, its trustworthiness rating of 8 underscores transparency in its offerings, while nearby educational and pet-friendly resources further enhance its appeal to a diverse range of 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

9.2
Excellent
508 5th Avenue is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Dishwasher

Great for

  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath266 sqft$1,725 /mo1 unit 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. Bring your furry companions along because this property is pet friendly! 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
1BR/1.0BA1 bed1 bath$2,125 /mo1 unit available**UNDER RENOVATION** Welcome to 508 5th Ave, Asbury Park, NJ – where contemporary living meets coastal charm! This exquisite one-bedroom apartment boasts a prime location, nestled just across the street from the picturesque Sunset Lake, offering breathtaking views and a serene environment. Immerse yourself in the vibrant atmosphere of Asbury Park while enjoying the tranquility of living near Sunset Lake. A perfect balance of urban convenience and natural beauty awaits you. This apartment comes equipped with beautiful stainless steel appliances, including a dishwasher, that add convenience and efficiency to your daily life. From the sleek kitchen appliances to the onsite laundry facilities, every detail has been carefully designed to enhance your living experience. Enjoy stunning views of Sunset Lake from your private balcony, a perfect place to relax and unwind. Bring your furry companions with you because this property is pet friendly! Forget the hassle of searching for parking! With reserved parking on-site at additional cost, you'll always have a dedicated space waiting for you when you return home. Enjoy the perks of being in a central location with easy access to local restaurants, shopping, entertainment, and Asbury Park's famous boardwalk and beaches. Your new home puts you within reach of everything this vibrant city has to offer. Don't miss the opportunity to call 508 5th Ave your new home! Experience the best of Asbury Park living with this charming one-bedroom apartment. Schedule a viewing today to secure your chance to live just steps away from the beauty of Sunset Lake. Contact us today to schedule your tour! Sigman Real Estate Office : 732-774-4633 Cell : 908-675-3435 Email : **** Website : www sigmanrealestate com
2BR/1.0BA2 bed1 bath$2,300 /mo1 unit availableWelcome to 508 5th Ave, Asbury Park, NJ – where contemporary living meets coastal charm! This exquisite two-bedroom apartment boasts a prime location, nestled just across the street from the picturesque Sunset Lake, offering breathtaking views and a serene environment. Immerse yourself in the vibrant atmosphere of Asbury Park while enjoying the tranquility of living near Sunset Lake. A perfect balance of urban convenience and natural beauty awaits you. This apartment comes equipped with beautiful stainless steel appliances, including a dishwasher, that add convenience and efficiency to your daily life. From the sleek kitchen appliances to the onsite laundry facilities, every detail has been carefully designed to enhance your living experience. Bring your furry companions with you because this property is pet friendly! Forget the hassle of searching for parking! With reserved parking on-site at additional cost, you'll always have a dedicated space waiting for you when you return home. Enjoy the perks of being in a central location with easy access to local restaurants, shopping, entertainment, and Asbury Park's famous boardwalk and beaches. Your new home puts you within reach of everything this vibrant city has to offer. Don't miss the opportunity to call 508 5th Ave your new home! Experience the best of Asbury Park living with this charming one-bedroom apartment. Schedule a viewing today to secure your chance to live just steps away from the beauty of Sunset Lake. 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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

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

**UNDER RENOVATION** Welcome to 508 5th Ave, Asbury Park, NJ – where contemporary living meets coastal charm! This exquisite one-bedroom apartment boasts a prime location, nestled just across the street from the picturesque Sunset Lake, offering breathtaking views and a serene environment. Immerse yourself in the vibrant atmosphere of Asbury Park while enjoying the tranquility of living near Sunset Lake. A perfect balance of urban convenience and natural beauty awaits you. This apartment comes equipped with beautiful stainless steel appliances, including a dishwasher, that add convenience and efficiency to your daily life. From the sleek kitchen appliances to the onsite laundry facilities, every detail has been carefully designed to enhance your living experience. Enjoy stunning views of Sunset Lake from your private balcony, a perfect place to relax and unwind. Bring your furry companions with you because this property is pet friendly! Forget the hassle of searching for parking! With reserved parking on-site at additional cost, you'll always have a dedicated space waiting for you when you return home. Enjoy the perks of being in a central location with easy access to local restaurants, shopping, entertainment, and Asbury Park's famous boardwalk and beaches. Your new home puts you within reach of everything this vibrant city has to offer. Don't miss the opportunity to call 508 5th Ave your new home! Experience the best of Asbury Park living with this charming one-bedroom apartment. Schedule a viewing today to secure your chance to live just steps away from the beauty of Sunset Lake. 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.
9.2
/10
Excellent
508 5th Avenue is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated 508 5th Avenue
Price·10A 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 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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
  • 2 dog parks 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

Less expensive
Studio units are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.1 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Pet friendly
This property allows pets

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Rent trends in Asbury Park

Studio apartments at 508 5th Avenue cost about 14% less than the average rent price for studios in Asbury Park.

1-bedroom apartments here are priced 13% lower than 1-bedrooms in Asbury Park.

If you decide to upgrade your space, you can expect 2-bedrooms at 508 5th Avenue to be 25% less than the average for similarly sized apartments in Asbury Park.

Median rents as of Feb 28 2026.
Asbury Park
Asbury Park
A table of studio rental data trends in Asbury Park
MonthMedian Rent
March 2024$1,662
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$2,050
November 2025$2,202
December 2025$2,036
January 2026$2,042
February 2026$1,942
A table of studio rental data trends in Asbury Park
MonthMedian Rent
March 2024$1,662
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$2,050
November 2025$2,273
December 2025$2,099
January 2026$2,246
February 2026$1,996

Affordability calculator

Can I afford to live at 508 5th Ave?

Bedrooms

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

$69,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $69,000 annually to afford this studio monthly rent price of $1,725.
For more information on rent affordability, visit our rent calculator.

Schools near 508 5th Avenue

Acelero Learning - Asbury Park Center

907 grand ave

asbury park, NJ, 7712

PKPublic

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-

Acelero Learning - Neptune Center

200 route 35

neptune city, NJ, 7753

PKPublic

Deal School

201 roseld ave

deal, NJ, 7723

K-8Public
B-
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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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