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560 Highway 35 N

Normandy Beach, NJ 08739
  • $2,350,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 22218467
Price Reduced
UPDATED: 173 min ago
$2,350,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

Attention investors: $200,000 plus annual Inherent rental 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 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.

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© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Debbie Woerner Team Coldwell Banker. Data last updated 2022-08-17T00:20:51.637.
www.debbiewoerner.com/homes/129870656
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560 Highway 35 N Normandy Beach, NJ 08739

  • Price: $2,350,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 173 min ago
  • MLS #: 22218467
0
Beds
0
Baths
0
½ Baths
0.22
Acres
County:
Ocean
Area:
Brick (BRK)
Property Description
Attention investors: $200,000 plus annual Inherent rental 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 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.
Exterior Features

Location Residentlal District Lot Description Corner LotCurbingSidewalks Lot Dimensions 100 X 95 Outbuildings Shed Water View No Waterfront No

Property Features

Assessment Status Assessed Assessment Total 655300.00 Cable On Site Deed Restrictions No Documents Available Survey Electric On Site Excluded Personal Belongings Farm Assessed No Gas On Site Improvements Assessment 309700.00 Land Subtype Commercial Lease No Tax Year 2021 Taxes 15544.00 Water Sewer Public Sewer On-SitePublic Water Zoning CommercialNon-ConformingResidentialSingle Family

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Scott Hobbs of Salt And Cedar Properties, Llc.


© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Debbie Woerner Team Coldwell Banker. Data last updated 2022-08-17T00:20:51.637.
 
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