305 7th Avenue

    Asbury Park, NJ 07712
    • $1,599,000
    • STATUS: Active Under Contract
    • ON SITE: 264 days
    • ID#: 21842224
    Under Contract
    $1,599,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Wonderful opportunity to own a very unique piece of Asbury Park's colorful and rich history. Step back in time when entering into this majestic 22 unit rooming house in much sought after north Asbury Park, just 2 blocks off the beach. There are 15 rooms, 5 efficiencies and 1 room currently being used as storage. The owners quarters are currently non-income producing, creating another stream of revenue for its next owner. The 4th floor offers 11 more rooms to possibly be finished with zoning approval. Currently being used as storage. Please note that 303 and 307 7th Avenue, both 4 unit rentals, are also owned by sellers and could be packaged in addition to 305.

    Monthly Payment Calculator



    © 2019 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 Force Group, Keller Williams Realty East Monmouth. Data last updated 2019-07-21T00:19:20.393.
    www.forcenj.com/homes/88955926

    305 7th Avenue Asbury Park, NJ 07712

    • Price: $1,599,000
    • Status: Active Under Contract
    • ID#: 21842224
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Asbury Park (ASB)
    County:
    Monmouth
    Area:
    Asbury Park (ASB)
    Property Description
    Wonderful opportunity to own a very unique piece of Asbury Park's colorful and rich history. Step back in time when entering into this majestic 22 unit rooming house in much sought after north Asbury Park, just 2 blocks off the beach. There are 15 rooms, 5 efficiencies and 1 room currently being used as storage. The owners quarters are currently non-income producing, creating another stream of revenue for its next owner. The 4th floor offers 11 more rooms to possibly be finished with zoning approval. Currently being used as storage. Please note that 303 and 307 7th Avenue, both 4 unit rentals, are also owned by sellers and could be packaged in addition to 305.
    Exterior Features

    Construction Siding Vinyl Garage No Lot Dimensions 51 X 150 Parking Driveway On Street Roof Timberline

    Interior Features

    Elevators 0.00 Heat Fuel Natural Gas Rental Units 21 Sq Ft Available For Lease 7963.0000 Water Heater Natural Gas

    Property Features

    Assessment Land 415100.00 Assessment Status Assessed Assessment Total 965900.00 Business Operating Yes Commercial Type Commercial Deed Restrictions No Electric1 220 Volt Farm Assessed No Financials Per Year Franchise No Gas On Site Handicap Access No Improvements Assessment 550800.00 Lease No New Construction No Real Estate Tax Expense 16972.00 Sale Yes Sale Includes Business Name Sewer Public Sewer Tax Year 2017 Taxes 16742.00 Use Other Water Public Water Year Established 1960.00 Zoning Multi-Family

    Listing information © 2019 Monmouth-Ocean MLS. Listing provided courtesy of Scott T Gilbert of O'brien Realty, Llc.


    © 2019 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 Force Group, Keller Williams Realty East Monmouth. Data last updated 2019-07-21T00:19:20.393.
     
    The Force Group, Keller Williams Realty East Monmouth
    750 Broad Street Suite 1
    Shrewsbury NJ, 07702