609 11th Avenue new

Belmar,NJ 07719

$ 1000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Five Family

Listing Status Active

Purchase Type For Sale

Municipality Belmar (BEL)

MLS Listing ID 22535069

Year Built 1932

Annual Tax Amount $10,189

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50 x 204

Property Sub-Type Five Family

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

'DON'T MISS THIS INCREDIBLE MULTI FAMILY INVESTMENT OPPORTUNITY IN BELMAR! All 5 residences are occupied with annual leases expiring in 2026 and all have separate utilities! The main house is a 3 family and there are 2 cottages with 2 bedrooms each in the rear of the property. A large parking lot on the property provides assigned parking spaces for all of the residences. This property generates over $102,000 in gross annual income. Conveniently located near beaches, restaurants, and major transportation. This is an Estate Sale being sold strictly 'As-Is' due diligence is recommended. With some TLC this could be a turnkey income producing asset making it an ideal addition to any investor' s portfolio! ***SHOWINGS ARE FROM 11-1 ON SATURDAY, NOVEMBER 22***

Location

State NJ

County Monmouth

Area None

Direction 35 South to left on 8th Avenue, Right on Main Street, Left on 11th Avenue.

Rooms

Basement Partial

Interior

Heating Baseboard

Cooling Multi Units

Exterior

Parking Features Paved,Off Street,None,Assigned

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Other

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Belmar

Middle Schools Belmar

High Schools Manasquan

Others

Senior Community No

Tax ID 07-00115-0000-00006

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