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102 2nd Avenue, Belmar, NJ 07719

$2,850,000

  • For Sale
  • Active
  • Commercial
102 2nd Avenue, Belmar, NJ 07719View this property at 102 2nd Avenue, Belmar, NJ 07719
102 2nd AvenueBelmarNJ07719

Property Description

Unique Opportunity to own a piece of Belmar history! Built in the 1880's as a private single family residence - the home was converted into a 34 room hotel in the 1930's. Owned and operated by the same family for 53 years as a Seasonal Hotel/Rooming House, the property offers tremendous potential. Expansive views of the Atlantic Ocean (almost every room has a view!)as well as the Shark River Inlet. The lot, approx. 14,876 sq ft has potential for subdivision and is buffered from Ocean Avenue traffic by an open, grassy park. Commercial sized kitchen with commercial stainless sinks, spacious prep area. Would need upgrades to operate as a restaurant/B&B/Inn. No flooding from Sandy-sits high and dry. New Roof completed April 2013.

Full Property Details for 102 2nd Avenue

General

  • Price: $2,850,000
  • Taxes: $19,652 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 21639374
  • Updated: 5/4/2017
  • Added: 498 day(s) ago

Property History

  • 102 2nd Avenue, Belmar, NJ
  • Listed at $2,850,000 on 10/11/16

Business

  • Name: The White House
  • Business For Sale: Yes
  • Year Established: 1963

Parking

  • Parking Features: On-Street

Location

  • Area: Belmar (BEL)
  • County: Monmouth
  • Subdivision: None
  • Driving Directions: Ocean Ave to west on 2nd Ave

Heating & Cooling

  • Heating Fuel: Natural Gas

Utilities

  • Gas: On Site
  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Description/Design: Beachfront, Corner, Irregular Lot, Oceanfront, Riverview, Subdividable
  • Construction: Asbestos, Cedar Shake
  • Roof: Shingled, Sloped
  • Stories Description: 2
  • Current Bldg. Use: Bed and Breakfast, Boarding Home, Guesthouse
  • Year Built: 1880

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Dimensions: x
  • Zoning: Non-Conforming

Water Features

  • Water Front Type: Beachfront, Oceanside/Beach Blk, Oceanview, Riverview

Financial Considerations

  • Assessment Amount: $1,024,100
  • Improve Assmt: $407,700
  • Land Assmt: $616,400
  • Tax Amount: $19,652
  • Tax Year: 2015

Disclosures and Reports

  • Inclusions: Goodwill
  • APN: 07-00010-0000-00001
  • Section: None

Listed by Patrick Parker Realty, Jennifer L Sigmon

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Schools

Schools serving 102 2nd Avenue

School District:
Belmar Public Schools
School Name
Grades
Distance
Belmar Elementary School
1101 Main St, Belmar, NJ 07719
PK-8
1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 102 2nd Avenue

102 2nd Avenue, Belmar, NJ 07719 (MLS# 21639374) is a Commercial property. 102 2nd Avenue is currently listed for $2,850,000 and was received on October 11, 2016. Want to learn more about 102 2nd Avenue? Do you have questions about finding other Commercial real estate for sale in Belmar? You can browse all Belmar real estate or contact a Coldwell Banker agent to request more information.

Listed by Patrick Parker Realty, Jennifer L Sigmon