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$650,000
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Property Description
Investors, take note! Two separate homes on one expansive lot, this property offers a rare blend of versatility, income potential, and prime location, making it an exceptional addition to any real estate portfolio. The first home is a well-maintained 3-bedroom, 1.5-bath house that offers spacious living areas, modern amenities, and cozy charm. Tenants currently occupy the property with a lease in place until January 2025, providing immediate rental income. The home features a bright kitchen with ample cabinet space, a large living room, and generously sized bedrooms. The half bath adds convenience, and the full bath is well-appointed for everyday comfort. (see more) The second home is a charming 2-bedroom, 1-bath residence that comes with an additional loft space, perfect for use as a third bedroom or a versatile office or playroom. This property is also currently leased, with tenants in place until May 2025. Both homes are fully leased, generating immediate cash flow with long-term tenants in place. This is an ideal opportunity for investors seeking rental properties with low vacancy rates in a highly desirable area. The dual-occupancy structure also opens the door for creative investment strategieswhether you're interested in holding for steady rental income, or even living in one home while renting out the other. Don't miss out on this rare investment opportunity in one of New Jersey's most sought-after coastal communities. Whether you're looking to expand your real estate portfolio or secure a lucrative investment property with great tenants already in place, this Brick, NJ two-family home is a perfect fit. Schedule your showing and explore the potential this property holds for you!
Full Property Details
Full Property Details for 275 Riverside Dr N
General
- Sold For: $650,000
- Taxes: $6,257 (2023)
- Status: Closed
- Type: Multi-Family
- Source: Monmouth
- MLS ID: 22424523
- Added to Site: 552 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Location
- Area: Brick (BRK)
- Municipality: Brick (BRK)
- County: Ocean
School Information
- Other School: Donovan Catholic
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Year Built: 1948
Unit Information
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
Financial Considerations
- Tax Amount: $6,257
- Tax Year: 2023
Disclosures and Reports
- Exclusions: Tenants belongings
- Property ID: 07-01235-0000-00006
- Section: Herbertsville
Listed by Hazelet Realty Group, LLC, John Hazelet
Sold by RE/MAX Central, Lori Bocchieri-Bennett
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Schools
Schools serving 275 Riverside Dr N
School District:Brick Township School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 275 Riverside Dr N
Date
Details
Price
Change
Source
10/21/2024
Sold
$650,000
—
MLS
8/23/2024
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
275 Riverside Drive N, Brick, NJ 08724 (MLS# 22424523) is a Multi-Family property that was sold at $650,000 on October 21, 2024. Want to learn more about 275 Riverside Drive N? Do you have questions about finding other Multi-Family real estate for sale in Brick? You can browse all Brick real estate or contact a Coldwell Banker agent to request more information.

