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$1,100,000
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Property Description
Rare opportunity to own this money making,,fully rented mixed use corner property 3 incredible apartments ,1 fantastic office space encompassing the entire first floor, and a super Ocean Grove bonus of 2 garages . Located in the heart of the busy section of Ocean Grove just blocks from the beach. Numbers don't lie. Excellent condition and with a gross of over $90000.00Low taxes and even lower expenses due to years of constant care and attention equals a net operating income of over $64000.00Nothing to do but start collecting the rents.
Full Property Details
Full Property Details for 62 Main Ave
General
- Sold For: $1,100,000
- Taxes: $13,370 (2021)
- Status: Closed
- Type: Office
- Source: Monmouth
- MLS ID: 22139256
- Added to Site: 1, 496 day(s) ago
Business
- Business For Sale: Yes
Interior
- Flooring: Other, See Remarks, Wood
Additional Information
- Shared Amenities: Landscaping
Exterior
- Exterior Features: Fenced, Outside Storage
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Off-Street, On-Street
Location
- Area: Neptune Twp (NPT)
- Municipality: Neptune Twp (NPT)
- County: Monmouth
- Driving Directions: Southwest corner of Main Ave and Pilgrim Pathway
- Location Details: Near Bus Stop, Other (See Remarks)
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Fuel: Natural Gas
Utilities
- Gas: At Street, On Site
- Sewer: Public Sewer, Storm Sewers
- Water: Public Water
Structural Information
- Description/Design: Corner Lot
- Construction: Other (See Remarks)
- Basement Desc.: Full, Other, Walk-Out Access
- Roof: Other (See Remarks), Shingled
- Stories Description: 3
- Current Bldg. Use: Apartments, Professional/Office
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 37 x 90
- Zoning: Mixed
Financial Considerations
- Assessment Amount: $643,700
- Improve Assmt: $410,600
- Land Assmt: $233,100
- Tax Amount: $13,370
- Tax Year: 2021
- Landlord Pays: Electricity, Garbage Removal, Gas, Heat, Hot Water, Insurance, Maintenance, Sewer, Snow Removal, Taxes, Water, Yard Maintenance
Disclosures and Reports
- Exclusions: Business Name, Equipment/Furniture, Franchise, Inventory, License
- APN: 35-00208-0000-00008
- Section: Ocean Grove
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Schools
Schools serving 62 Main Ave
School District:Neptune Township School District
| Name | Grades | Distance |
|---|---|---|
Neptune High School 55 Neptune Boulevard, Neptune Township, NJ 07753 | 9-12 | 1.5 mi |
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 62 Main Ave
Date
Details
Price
Change
Source
9/23/2022
Sold
$1,100,000
-8.33%
MLS
12/20/2021
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
62 Main Avenue, Ocean Grove, NJ 07756 (MLS# 22139256) is a Office property that was sold at $1,100,000 on September 23, 2022. Want to learn more about 62 Main Avenue? Do you have questions about finding other Office real estate for sale in Ocean Grove? You can browse all Ocean Grove real estate or contact a Coldwell Banker agent to request more information.

