305 7th Avenue
Asbury Park, New Jersey NJ 07712
$1,599,000 Price
21639906 Listing ID
Wonderful opportunity to own a very unique piece of Asbury Park's colorful and rich history. Step back in time when entering into this majestic 22 unit rooming house in much sought after north Asbury Park, just 2 blocks off the beach. There are 15 rooms, 5 efficiencies and 1 room currently being used as storage. The owners quarters are currently non-income producing, creating another stream of revenue for its next owner. Please note that 303 and 307 7th Avenue, both 4 unit rentals, are also owned by sellers and could be packaged in addition to 305.
Schedule Showing
Status Active
County Monmouth
Property Type Commercial
Property Sub Type Commercial

Primary Features

County: Monmouth
Property Type: Commercial
Zoning: Multi-Family

Location Information

Area/Section: NE Asbury Pk
Municipality: Asbury Park (ASB)
Street Suffix: Avenue


Assessment - Improvements: 406900.00
Assessment - Land: 359700.00
Assessment Status: Assessed
Available SqFt: 7963.0000
Business Name: Asbury Inn
Business Operating: yes
Deed Restricted: No
Electric: 220 Volt
Farm: no
Farm Assessed: no
Franchise: no
Gas: On Site
Handicap Access: no
List Number Main: 21639906
New Construction: no
Property Sub Type: Commercial
Sewer: Public Sewer
Use: Other
Water: Public Water

Interior Features

Heat Fuel: Natural Gas
Number Levels: 4.0
Water Heater: Natural Gas

External Features

Construction/Siding: Vinyl
Garage: no
Lot Dimensions: 50 x 150
Parking: On Street
Roof: Timberline

Financial Details

Income and Expenses: Financials Per: Year
Income and Expenses: Number Rental Units: 21
Income and Expenses: Real Estate Taxes: 16972.00
Lease: No
Sale: Yes
Sale Includes: Business Name
Tax ID Number: 04-04305-0000-00011
Tax Year: 2015
Taxes: 16973.00
Total Assessments: 766600.00

Zoning Info

The content relating to real estate for sale on this web site comes in part from the IDX program of the Monmouth Ocean MLS. Listing content is ©2017 Monmouth Ocean MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers. personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact John C. Conover Agency directly for additional information pertaining to the status and availability of properties displayed on this website. This listing comes courtesy of Scott Gilbert of O'Brien Realty, LLC.

Contact - Listing ID 21639906

John C. Conover Agency

200 Main St
Asbury Park, NJ 07712
Phone: 7328979200
Phone Alt: 7325397051
Fax: 7329889257

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