$2,075,000
$2,350,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
4,302 SqFt
SOLD DATE : 12/09/2022
Key Details
Sold Price $2,075,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,302 sqft
Price per Sqft $482
Municipality Brick (BRK)
Subdivision Normandy Beach
MLS Listing ID 22223958
Sold Date 12/09/22
Style Other - See Remarks
Bedrooms 5
Full Baths 3
Half Baths 2
HOA Y/N No
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1950
Annual Tax Amount $15,544
Tax Year 2021
Property Sub-Type Single Family Residence
Property Description
Attention investors: $200,000 plus annual potential income capacity. Rare beach block opportunity with prime visibility! Mixed-use non-conforming property (R-5). includes 3 storefronts and 2 second floor apartments in a prime location. Possibilities of commercial use are endless! The property is free and clear with no active leases. Storefronts were formerly a restaurant (all eqpt. included) with indoor/outdoor seating area, ice cream shop & business office. The 2nd floor offers two apartments offering 3 bedrooms/ 1 bath & 2 bedrooms/ 1 bath. Property did not flood during Sandy and has no known history. Clean 17 year insurance record with current owner. This highly-sought after location is approved for a single family home as well. Property has 7 parking spaces.
Location
State NJ
County Ocean
Area Mantoloking
Direction Corner of Route 35 N and 6th Avenue.
Rooms
Basement Crawl Space
Interior
Heating Natural Gas, Hot Water, Baseboard
Cooling Multi Units, Central Air, Other
Fireplace No
Exterior
Exterior Feature Balcony, Deck, Fence, Outdoor Shower, Porch - Enclosed, Shed, Lighting
Parking Features Gravel, Off Street, None
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other - See Remarks
Level or Stories 2
Structure Type Balcony,Deck,Fence,Outdoor Shower,Porch - Enclosed,Shed,Lighting
Others
Senior Community No
Tax ID 07-00006-15-00035
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1531 Beaver Dam Rd, Point Pleasant Beach, NJ, 08742, USA