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302 1st Avenue,  Asbury Park NJ, 07712

(Active)
$3,299,000
|
11,250 sqft
|
MLS# 22317227
Last Updated: 5/4/2024 5:34 PM
Description for 302 1st Avenue Asbury Park, NJ 07712
Opportunity knocks with one of the best money makers around. Once the Delmonte Hotel, but presently ran as a rooming house in an Ideal Location. Just outside of a redevelopment zone and 3 blocks to wonderful beaches and 3 blocks to hopping downtown on Cookman Ave. Prime location!!Over 11,000 sq feet with 52 rooms that are all occupied and rented at a minimum of $900/mo per room. 8 common baths and 8 rooms have private baths. New stucco siding, 2 newer boilers and HWH. Adjacent vacant 50 X 100 lot is included in the sale making the total property 100x100. Worth the effort to renovate and turn into a showcase or keep as it is and benefit from a great return on investment. Don't miss the chance to be a part of the exciting City by the Sea, Asbury Park!!
Price
$3,299,000
Monmouth
11,250 (approx)
22317227
Active
Description
Opportunity knocks with one of the best money makers around. Once the Delmonte Hotel, but presently ran as a rooming house in an Ideal Location. Just outside of a redevelopment zone and 3 blocks to wonderful beaches and 3 blocks to hopping downtown on Cookman Ave. Prime location!!Over 11,000 sq feet with 52 rooms that are all occupied and rented at a minimum of $900/mo per room. 8 common baths and 8 rooms have private baths. New stucco siding, 2 newer boilers and HWH. Adjacent vacant 50 X 100 lot is included in the sale making the total property 100x100. Worth the effort to renovate and turn into a showcase or keep as it is and benefit from a great return on investment. Don't miss the chance to be a part of the exciting City by the Sea, Asbury Park!!
Listing Information
Property Type: Business Opportunities, 3+ Story
0.11 Acres 11,250 (approx) 1880
4 Stucco
Public
Public Sewer
50 Total
Neighborhood
Room Information
Interior Features
Vinyl
Steam
Partial, Walk-Out Access
Exterior / Lot Features
On Street
Stucco
Flat
100 x 100
Residential
Corner Lot
Driving Directions
Ocean Avenue to west on First or Grand to east on First.
Financial Considerations
04-03306-0000-00002
$30,425
Listing Price History

Asbury Park Real Estate

Asbury Park is located in New Jersey. Asbury Park, New Jersey 07712 has a population of 17,030.

The median household income for the surrounding county is $103,920 compared to the national median of $66,222. The median age of people living in Asbury Park 07712 is 43 years.

Loading nearby sales and history ...
Courtesy: Joseph Baumann - The Connolly Agency, 732-221-0865
This content last refreshed on 5/4/2024 5:34 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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