A rare opportunity you may never see again... one half acre of land, a premiere corner lot, located on the east side of Asbury Park, and not in the waterfront redevelopment zone. 150' X 150' parcel of land with an 8,200 SF, two story building previously used as a pre-school. R2 zoning currently allows single and two family homes. With 150' of frontage on the 500 block of 2nd Avenue you are located in a neighborhood with some of the most beautifully restored homes in town; all with amazing architecture. Four blocks to downtown and four blocks to the beach you couldn't find a better spot to build the grandest home in town on the largest lot in town, subdivide into smaller lots, or repurpose the existing building with city approvals. Seller does not plan to hold property while buyer obtains variances.