$2,075,000
$2,350,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
560 Hwy 35 N Mantoloking, NJ 08738
5 Beds
4 Baths
4,302 SqFt
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
Subdivision Normandy Beach
MLS Listing ID 2301620R
Sold Date 12/09/22
Style Other
Bedrooms 5
Full Baths 3
Half Baths 2
Annual Tax Amount $15,544
Tax Year 2021
Lot Size 9,500 Sqft
Acres 0.2181
Lot Dimensions 95.00 x 100.00
Property Sub-Type Single Family Residence
Source CJMLS API
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.
Location
State NJ
County Ocean
Zoning R5
Rooms
Basement Crawl Space, Dirt Floor
Kitchen Eat-in Kitchen
Interior
Interior Features Other Room(s), Kitchen, 5 (+) Bedrooms, Attic
Heating Baseboard Hotwater, Hot Water
Cooling Central Air, Window Unit(s)
Flooring Wood
Fireplace false
Appliance Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other
Others
Senior Community no
Tax ID 07000061500035
Ownership Corporation
Energy Description Natural Gas
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