Potential three-family value-add / mixed-use redevelopment opportunity in a high-visibility location near Route 35. Prior configuration included a two-family residence with retail at the ground level. Renovation is underway, with framing in place and partial plumbing and electrical completed, based on a prior concept for a three-family residential layout with retail/office on the first floor. Buyer is responsible for verifying all proposed use, zoning, permits, approvals, and compliance requirements. Construction will need to be completed. Property also includes basement storage and a large rear parking lot.
Conveniently located near Route 18, the Garden State Parkway, Jersey Shore University Medical Center, and the beach areas of Ocean Grove and Asbury Park.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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