3 Ocean Avenue,  Belmar NJ, 07719

(Closed)
Sold Price:
$1,300,000
Date:02/03/2017
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MLS# 21501828
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Last Updated: 9/17/2019 12:49 AM
Description for 3 Ocean Avenue Belmar, NJ 07719
Fabulous Oceanfront 5 family investment property in the North end of Belmar and just over the bridge from Avon. Fully occupied,excellent tenants. Building meticulously maintained. Spacious furnished turnkey apartments offer an excellent opportunity for the investor. Great for a 1031 Exchange. Two of the first floor units are 2 bedrooms and have washer and dryers included in the units. Three of the second floor units are 1 bedrooms and have a shared common laundry facility. Owner currently renting units on an annual basis. Projected income over $105,000. annually.Only 90 minutes to Manhattan and Philadelphia! Enjoy one of the units and collect the rent from the others. Endless possibilities for the future. Oceanfront properties like this are extremely rare on the Shores of Belmar!
Price
Sold Price:
$1,300,000
Sold Date:02/03/2017
Monmouth
21501828
Closed
Description
Fabulous Oceanfront 5 family investment property in the North end of Belmar and just over the bridge from Avon. Fully occupied,excellent tenants. Building meticulously maintained. Spacious furnished turnkey apartments offer an excellent opportunity for the investor. Great for a 1031 Exchange. Two of the first floor units are 2 bedrooms and have washer and dryers included in the units. Three of the second floor units are 1 bedrooms and have a shared common laundry facility. Owner currently renting units on an annual basis. Projected income over $105,000. annually.Only 90 minutes to Manhattan and Philadelphia! Enjoy one of the units and collect the rent from the others. Endless possibilities for the future. Oceanfront properties like this are extremely rare on the Shores of Belmar!
Listing Information
Property Type: General Commercial, Other
1967
Gas Water Heater
Public Sewer
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Forced Air
3
Exterior / Lot Features
Assigned Parking Space, Off Street
None
50 X 150
Level
Common Laundry, Fire Escape, Outdoor Lights, Ocean Front, Level
Driving Directions
Main Street head east to Ocean Ave. Across the street from the Avon Bridge and the Belmar Fishing Club.
Financial Considerations
07-00002-0000-00002
$14,872
2015
Listing Price History

Belmar Real Estate

Belmar is located in New Jersey. Belmar, New Jersey 07719 has a population of 5,806.

The median household income for the surrounding county is $74,667 compared to the national median of $49,877. The median age of people living in Belmar 07719 is 43 years.

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Courtesy: Lorraine Allen - Ward Wight Sotheby's International Realty
Copyright © 2019 Monmouth / Ocean Multiple Listing Service All rights reserved. This information is being provided 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.
This content last refreshed on 9/17/2019 12:49 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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