302 1st Avenue, Asbury Park, NJ 07712 | MLS 22229043 | Listing Information | Berkshire Hathaway HomeServices Signature Properties | Berkshire Hathaway HomeServices Signature Properties
Off Market
$2,999,000  

302 1st Avenue
Asbury Park, NJ 07712

Other
Commercial
11,250
Sq. Ft.
0.11
Acres Lot
1of
Photos
Map
Courtesy: Joe Baumann - Berkshire Hathaway HomeServices Fox & Roach
Opportunity knocks with one of the best money makers around. Once the Delmonte Hotel but presently ran as a rooming house.Ideal Location-Just outside of redevelopment zone and 3 blocks to wonderful beaches and 3 blocks to hopping downtown/ Cookman Ave. Over 11,000 sq feet with 52 rooms that are all occupied and rented at a minimum of 900/month per room. 8 common baths and 8 rooms have private baths. Adjacent 50 X 100 lot also for sale at 729,000. See Mls # 22229045. new stucco siding, 2 newer boilers and HWH. Worth the effort to renovate and turn into a showcase or keep as it is and benefit from a great return on investment!
22229043
Other
Monmouth
1880
0.11 Acres
Public Water
4
Stucco
Public Sewer
11,250 Sq. Ft.
$266.58
Residential
Interior Features
Basement
Partial,Walk-Out Access
Exterior / Lot Features
Parking
0 Covered Parking Spaces. On Street.
Exterior
Stucco
Roof
Flat
Lot Dimensions
50 x 100
Zoning
Residential
Financial Considerations
$650,000
04-03306-0000-00002
$29,938
License