Asbury Park, NJ 07712,408 7th Avenue
$2,750,000
$4,100,000
32.9%
Est.Price: ?

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9,817 SqFt

408 7th Avenue Asbury Park, NJ 07712

Est. payment /mo
SOLD DATE : 10/14/2021

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Key Details

Sold Price $2,750,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,817 sqft

Price per Sqft $280

Municipality Asbury Park (ASB)

MLS Listing ID 22042383

Sold Date 10/14/21

Year Built 1920

Annual Tax Amount $24,860

Tax Year 2020

Lot Size 213.000 Acres

Acres 213.0

Lot Dimensions 62 by 150; 50 by 150

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Property operates as a 20 room motel on the top two floors; ground floor is dedicated to full-service dining and bar services. Property includes plenary 33 liquor license. Back lot 50 by 150 is used for off-street parking but is available for development.

Could be converted to a B&B, Multi-Family or Single Family property with variance.

Location

State NJ

County Monmouth

Area N Asbury Pk

Direction Between Grand Ave. and Park Ave.

Rooms

Basement Tenant Storage

Interior

Heating See Remarks, Other

Flooring Tile, W/W Carpet, Wood

Fireplaces Number 2005

Exterior

Parking Features On Street, Unpaved, Open

Roof Type Flat

Private Pool No

Building

Lot Description Multilot Sub

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 13-4281421

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Monmouth Ocean MLS (MOMLS)
Listed by Sitar Realty Company
Bought with Space & Company

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agent

Julissa Rengifo

Agent | License ID: 2294689

+1(908) 377-4240

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