Parkview AP
Project Name: Parkview AP
Redevelopment of longtime vacant lot in Asbury Park’s Westside providing twenty new housing units with a range of affordability options by combining homeownership with accessory dwelling units for rent. Integral part of the neighborhood revitalization plan, including an early childhood center.
Primary Partner Team: County of Monmouth | Benjamin Harvey Company, Inc. | Interfaith Neighbors, Inc. | New Jersey Natural Gas | Shore Point Architecture
Parkview AP stands as a landmark development in the revitalization of Asbury Park’s Westside neighborhood, a community that has faced decades of disinvestment and economic challenges since it underwent civil unrest in 1970. This innovative project introduces ten new single-family homes, each with a detached accessory dwelling unit (ADU) apartment, into an area that has long needed accessible and affordable homeownership opportunities and extends the development boom in Asbury Park westward.
The Westside neighborhood, once a thriving working-class area, saw significant decline following civil unrest in the 1970s. Despite Asbury Park’s resurgence this century, the Westside remained predominantly renter-occupied, with limited economic opportunities and rising housing costs that put homeownership out of reach for many residents. Against this backdrop, Parkview AP—the first homeownership initiative along the historic Springwood Avenue corridor since the 1970s—was developed to address the pressing need for affordable housing and to provide pathways to homeownership for residents who contribute to the fabric of the community.
Designed with the specific needs of its community in mind, Parkview AP construction completed in 2023 and is fully occupied today. Each of the ten properties includes a three-bedroom, two-and-a-half-bath single-family home, along with a detached garage apartment. This design not only maximizes the utility of each property, but also allows homeowners the opportunity to generate rental income, further enhancing the affordability and sustainability of their investment. The project’s homes were sold at both market-rate and reduced prices for low- to moderate-income buyers, ensuring accessibility to a diverse group of residents. Deed restrictions requiring owner occupancy of at least one unit on each property help preserve the affordability and character of the neighborhood for years to come.
Parkview AP is the product of a collaborative approach that involved local government, community organizations, and private developers, all working together. As part of a broader neighborhood revitalization plan, Parkview AP is a cornerstone housing project that joins the nearby Early Childhood Learning Center and Springwood Center in the effort to reinvigorate the Springwood Avenue corridor and integrate the Westside into the wider narrative of Asbury Park’s renaissance. This project serves as a model for other communities grappling with issues of affordability and inclusion. By providing a sustainable pathway to homeownership, Parkview AP demonstrates the transformative power of targeted, community-focused development.
New Jersey Future is proud to recognize Parkview AP with a 2024 Smart Growth Award, honoring its role in fostering affordable homeownership and contributing to the broader revitalization of Asbury Park. This project exemplifies the principles of smart growth by combining innovative design and density, community collaboration, and sustainable development practices, setting a standard for equitable urban redevelopment in New Jersey.
