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113 New Brunswick Avenue

Lavallette, NJ 08735
  • $899,000
  • STATUS: Pending
  • ON SITE: 50 Days
  • MLS #: 22426771
Pending
UPDATED: 149 min ago
$899,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,602
    SQFT
  • $561
    $/SQFT
Type:
Multi-Family
Built:
1955
County:

School Information

Elementary School:
High School:

Description

Discover the perfect Shore home investment with this 50x100 lot nestled in the heart of Lavallette (Voted the countries top vacation destination in 2022). This property offers a unique opportunity to own a multi-family retreat with the potential for a steady stream of rental income. The front house features two units: a cozy 2-BR apartment upstairs and a comfy 2-BR unit downstairs both with washer/dryer hookups & heat. The rear unit, currently utilized as a successful summer rental, boasts 2 BR/1 BA along with a washer/dryer. Together, the three units are capable of generating an impressive gross rental income of between $35k-$40k/yr, making this a sound acquisition. Enjoy leisurely beach days just 2 blocks from the ocean w/amazing sunrises and stunning sunsets on the bay.

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© 2024 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Jersey Shore Group | eXp Realty. Data last updated 2024-11-03T00:32:32.477.
www.jerseyshoregroup.com/homes/155163318
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113 New Brunswick Avenue Lavallette, NJ 08735

  • Price: $899,000
  • Status: Pending
  • On Site: 50 Days
  • Updated: 149 min ago
  • MLS #: 22426771
6
Beds
3
Baths
0
½ Baths
0.11
Acres
1,602
SQFT
$561
$/SQFT
1955
Built
County:
Ocean
Area:
Lavallette Boro (LAV)
Elementary School:
Lavallette
High School:
Point Pleasant Beach
Property Description
Discover the perfect Shore home investment with this 50x100 lot nestled in the heart of Lavallette (Voted the countries top vacation destination in 2022). This property offers a unique opportunity to own a multi-family retreat with the potential for a steady stream of rental income. The front house features two units: a cozy 2-BR apartment upstairs and a comfy 2-BR unit downstairs both with washer/dryer hookups & heat. The rear unit, currently utilized as a successful summer rental, boasts 2 BR/1 BA along with a washer/dryer. Together, the three units are capable of generating an impressive gross rental income of between $35k-$40k/yr, making this a sound acquisition. Enjoy leisurely beach days just 2 blocks from the ocean w/amazing sunrises and stunning sunsets on the bay.
Exterior Features

Attached Garage YN No Exterior Features BBQLocked Storage Garage YN No Parking Features Off StreetAssigned Roof Shingle Waterfront Features [] Waterfront YN No Waterview No

Interior Features

Basement Dirt FloorCrawl Space Cooling Multi Units Cooling YN Yes Fireplaces Total 0 Flooring [] Heating Baseboard Heating YN Yes Interior Features [] Unit1 ACUnit Yes Unit1 Dryer Yes Unit1 Washer Yes

Property Features

Assessment Assessed Yes Lot Features [] New Construction YN No Owner Pays [] Pool No Property Sub Type Three Family Sewer Public Sewer Tax Annual Amount 5864 Tax Year 2023 Tenant Pays [] Water Heater Natural Gas Yes Water Source Public Zoning Description Neighborhood

Listing information © 2024 Monmouth-Ocean MLS. Listing provided courtesy of Anthony Belli of Schlosser Real Estate, Inc.: 732-793-7755.


© 2024 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Jersey Shore Group | eXp Realty. Data last updated 2024-11-03T00:32:32.477.
 
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The Jersey Shore Group | eXp Realty
28 Valley Rd. Suite 1
Montclair NJ, 07042