$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, Commercial
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
Style Other
Bedrooms 5
Full Baths 3
Half Baths 2
Annual Tax Amount $15,544
Tax Year 2021
Lot Size 9,500 Sqft
Property Sub-Type Single Family Residence
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
Kitchen Eat-in Kitchen
Interior
Heating Baseboard Hotwater, Hot Water
Cooling Central Air, Window Unit(s)
Flooring Wood
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
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