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302 1st Avenue

Asbury Park, NJ 07712
  • $3,299,000
  • STATUS: Active
  • ON SITE: 236 Days
  • ID#: 22317227
$3,299,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,250
    SQFT
  • $293
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1880
County:

School Ratings & Info

Description

Opportunity knocks with one of the best money makers around. Once the Delmonte Hotel, but presently ran as a rooming house in an Ideal Location. Just outside of a redevelopment zone and 3 blocks to wonderful beaches and 3 blocks to hopping downtown on Cookman Ave. Prime location!!Over 11,000 sq feet with 52 rooms that are all occupied and rented at a minimum of $900/mo per room. 8 common baths and 8 rooms have private baths. New stucco siding, 2 newer boilers and HWH. Adjacent vacant 50 X 100 lot is included in the sale making the total property 100x100. Worth the effort to renovate and turn into a showcase or keep as it is and benefit from a great return on investment. Don't miss the chance to be a part of the exciting City by the Sea, Asbury Park!!

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© 2024 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 eXp Realty LLC. Data last updated 2024-05-29T07:22:47.227.
www.rowackrealestateteam.com/homes/144110874
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302 1st Avenue Asbury Park, NJ 07712

  • Price: $3,299,000
  • Status: Active
  • On Site: 236 Days
  • ID#: 22317227
0
Beds
0
Baths
0
½ Baths
0.11
Acres
11,250
SQFT
$293
$/SQFT
1880
Built
Neighborhood:
Asbury Park (ASB)
County:
Monmouth
Area:
Asbury Park (ASB)
Property Description
Opportunity knocks with one of the best money makers around. Once the Delmonte Hotel, but presently ran as a rooming house in an Ideal Location. Just outside of a redevelopment zone and 3 blocks to wonderful beaches and 3 blocks to hopping downtown on Cookman Ave. Prime location!!Over 11,000 sq feet with 52 rooms that are all occupied and rented at a minimum of $900/mo per room. 8 common baths and 8 rooms have private baths. New stucco siding, 2 newer boilers and HWH. Adjacent vacant 50 X 100 lot is included in the sale making the total property 100x100. Worth the effort to renovate and turn into a showcase or keep as it is and benefit from a great return on investment. Don't miss the chance to be a part of the exciting City by the Sea, Asbury Park!!
Exterior Features

Garage YN No Parking Features On Street Parking Total 0 Roof Flat Waterfront Features Oceanview

Interior Features

Basement PartialWalk-Out Access Fireplaces Total 0 Flooring Vinyl Handicap Access No Heating Steam Heating YN Yes

Property Features

Assessment Assessed Yes Gas On Site Yes Lease No Lot Features Corner Lot New Construction YN No Owner Pays Yard MaintenanceWaterTaxesSewerCommon Area MaintenanceInsuranceHeatGasElectricity Property Sub Type Commercial Sale Yes Sewer Public Sewer Tax Annual Amount 30425 Tax Year 2022 Water Heater Natural Gas Yes Water Source Public Zoning Description Residential

Listing information © 2024 Monmouth-Ocean MLS. Listing provided courtesy of Joseph Baumann of The Connolly Agency: 732-361-0800.


© 2024 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 eXp Realty LLC. Data last updated 2024-05-29T07:22:47.227.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042