560 Hwy 35 N, Mantoloking NJ 08738,Mantoloking,Ocean,Residential

  • $2,350,000
560 Hwy 35 N, Mantoloking NJ 08738

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.

  • Address Hwy 35
  • City Mantoloking
  • State/county Ocean
  • Zip/Postal Code 08738
  • Area Normandy Beach

Details

Updated on May 15, 2024 at 10:43 am
  • Property ID: 2301620R
  • Price: $2,350,000
  • Property Size: 4302 Square Feet
  • Land Area: 0.2181 Sq Ft
  • Bedrooms: 5
  • Bathrooms: 4
  • Garage: 0
  • Property Type: Single Family Residence
  • Property Status: Residential

Additional details

  • Other Fees: 0
  • Carport Spaces: 0
  • On Market Date: 2022-08-01
  • Flooring: Wood
  • Photos Count: 0
  • Fireplaces Total: 0
  • Cooling: Central Air,Window Unit(s)
  • ListingContractDate: 2022-08-01
  • Zoning: R5
  • JERSEYMLS_RESIREST:
  • Maintenance Expense: 0
  • Annual Property Tax Amount: 15544
  • List Office Name: SALT AND CEDAR PROPERTIES, LLC
  • Monthly Payment: 0
  • Basement: Crawl Space,Dirt Floor
  • Bathrooms Total: 4
  • Street Number: 560
  • Association Fee 2 Frequency: Monthly
  • Dining Room: No
  • State Or Province: NJ
  • Covered Spaces: 0
  • Gas: Natural Gas
  • Street Direction Suffix: N
  • Roof: Asphalt
  • Stories: 2
  • Levels: 2nd Floor
  • Bathrooms Full: 3
  • Close Date: 1800-01-01
  • ListAgentMlsId: SCOTHOBB
  • Water Source: Public
  • Lot Size Dimensions: 95.00 x 100.00
  • Stories Total: 2
  • Days On Market: 64
  • Kitchen Features: Eat-in Kitchen
  • JERSEYMLS_TransactionType: Sale
  • ListOfficeMlsId: SALT
  • Close Price: 0
  • Basement Area: 0
  • Parking Features: Paver Blocks
  • Bathrooms Half: 2
  • Lot Size Area: 0.2181
  • Sewer: Public Sewer
  • Heating: Baseboard Hotwater,Hot Water
  • Age: 0
  • Utilities: Electricity Connected,Natural Gas Connected
  • Association Fee2: 0
  • JERSEYMLS_RESISERV: Garbage-Extra Charge
  • Tax Year: 2021
  • Ownership: Corporation
  • Lot Features: Corner Lot
  • Association Fee: 0
  • Lot Size Squar eFeet: 9500
  • Architectural Style: Other
  • Building Area Total: 4302

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