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560 Hwy 35 N

Mantoloking, NJ 08738
  • $2,350,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 2301620R
Price Reduced
UPDATED: 65 min ago
$2,350,000
  • 5
    BEDS
  • 0.22
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
  • 4,302
    SQFT
  • $546
    $/SQFT
Neighborhood:
Type:
Single-Family Home
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 current 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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Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2022-08-19T09:08:04.547.
www.micheleklug.com/homes/131482979
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560 Hwy 35 N Mantoloking, NJ 08738

  • Price: $2,350,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 65 min ago
  • MLS #: 2301620R
5
Beds
3
Baths
2
½ Baths
0.22
Acres
4,302
SQFT
$546
$/SQFT
Neighborhood:
Normandy Beach
County:
Ocean
Area:
Mantoloking
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 current 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

Architectural Style Other Carport Spaces 0 Covered Spaces 0 Lot Features Corner Lot Parking Features Paver Blocks Property Attached YN No Roof Asphalt

Interior Features

Appliances DishwasherDryerGas Range/OvenRefrigeratorWasherGas Water Heater Basement Crawl SpaceDirt Floor Building Area Total 4302 Cooling Central AirWindow Unit(S) Fireplace YN No Fireplaces Total 0 Flooring Wood Heating Baseboard HotwaterHot Water Interior Features Other Room(S)Kitchen5 (+) BedroomsAttic Levels 2nd Floor Room Kitchen Features Eat-In Kitchen Stories Total 2

Property Features

Association Fee 0 Association Fee2 0 Association Fee2 Frequency Monthly Carport YN No Garage YN No Gas Natural Gas Heating YN Yes Maintenance Expense 0 Ownership Corporation Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Tax Annual Amount 15544 Tax Year 2021 Utilities Electricity ConnectedNatural Gas Connected Water Source Public Zoning R5



Central Jersey MLS logo Listing courtesy of Salt And Cedar Properties, Llc.
Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2022-08-19T09:08:04.547.
 
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The Michele Klug Team | Keller Williams Towne Square Realty
222 Mt Airy Rd
Basking Ridge NJ, 07920