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1148-1162 Ocean Avenue, Sea Bright, NJ 07760

$2,500,000 Sale Pending

  • For Sale
  • Pending
  • Commercial
1148-1162 Ocean Avenue, Sea Bright, NJ 07760View this property at 1148-1162 Ocean Avenue, Sea Bright, NJ 07760
1148-1162 Ocean AvenueSea BrightNJ07760
Property Description
Outstanding opportunity to own an important, 4-parcel Mixed-Use real estate property, including 2-level Free Standing Building in the center of Downtown Sea Bright. Dedicated parking lot included. Bldg has 2 floors at present time. Sale includes adjacent 1 and 3 Center St vacant residential lots. Each vacant lot is 25x72. There is new construction and redevelopment projects throughout the entire Downtown retail, and residential zones. Beautiful beaches across street.There are +/- 22 dedicated parking spaces. Also, street parking directly in front of building.Ground Level features +/- 11,754 SF of retail store space with two entrances. The 2nd Floor of +/- 3,312SF is Unfinished Space.High Speed Seastreak Ferry transportation to Downtown
Manhattan is just 4.2 miles from this prop

Full Property Details for 1148-1162 Ocean Ave

General

  • Price: $2,500,000
  • Taxes: $28,223 (2016)
  • Status: Pending
  • Type: Commercial
  • MLS ID: 21707576
  • Updated: 2/20/2018
  • Added: 537 day(s) ago

Business

  • Business For Sale: Yes

Interior

  • Flooring: Concrete, Tile

Exterior

  • Exterior Features: Outdoor Lighting

Parking

  • Total Spaces: 22
  • Parking Features: Assigned, On-Street, Open Lot, Paved

Location

  • Area: Sea Bright (SEA)
  • County: Monmouth
  • Driving Directions: From Rumson Road, turn Right over the Bridge into Sea Bright. The property is on the Right corner of Center Street.From Long Branch, stay on Highway 36/Ocean Avenue, and the building is at the beginning of Sea Bright on the left side on the corner of Center St.From Seastreak Ferry Terminal in Atlantic Highlands, drive 6.9 miles south on Ocean Avenue.
  • Location Details: Business District, Near Bus Stop, Other (See Remarks)

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Description/Design: Curbing, Highway Frontage, Major Frontage, Sidewalks
  • Construction: Block
  • Exterior Const.: Block, Concrete
  • Roof: Asphalt
  • Stories Description: 2
  • Square Feet: 15,066
  • Current Bldg. Use: Professional/Office, Retail
  • Office: 3,312 Sq. Ft.
  • Retail: 11,754 Sq. Ft.
  • Minimum Avail: 15,066 Sq. Ft.

Lot Features

  • Lot Dimensions: 140 x 75
  • Zoning: Central Business, Commercial, Retail

Financial Considerations

  • Price Per Sq. Ft.: $165.94
  • Assessment Amount: $1,742,000
  • Improve Assmt: $1,068,000
  • Land Assmt: $674,000
  • Tax Amount: $28,223
  • Tax Year: 2016

Disclosures and Reports

  • Documents Avail.: Blueprints, Proof of Zone
  • Exclusions: Business Name, Equipment/Furniture, Franchise, Inventory, License, Machinery
  • APN: 42-00010-0000-00001
  • Section: None

Listed by Diane Turton, Realtors-Rumson, Laura J Kelson

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Schools

Schools serving 1148-1162 Ocean Ave

Score
Name
Grades
Distance
5
2 Maple Place, Oceanport, NJ 07757
5-8
3.4 mi
8
29 Wolf Hill Avenue, Oceanport, NJ 07757
PK-4
4.8 mi
6
Monmouth Park Hwy, West Long Branch, NJ 07764
9-12
5.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 1148-1162 Ocean Ave Get Price Alerts

Date
Details
Price
Change
Source
8/06/2017
Price Reduced
$2,500,000
-13.79%
MLS
2/28/2017
Listed
$2,900,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 1148-1162 Ocean Ave

Listed by Diane Turton, Realtors-Rumson, Laura J Kelson

1148-1162 Ocean Avenue, Sea Bright, NJ 07760 (MLS# 21707576) is a Commercial property. 1148-1162 Ocean Avenue is currently listed for $2,500,000 and was received on February 28, 2017. Want to learn more about 1148-1162 Ocean Avenue? Do you have questions about finding other Commercial real estate for sale in Sea Bright? You can browse all Sea Bright real estate or contact a Coldwell Banker agent to request more information.