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302 1st Avenue

Asbury Park, NJ 07712
  • $2,999,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 22229043
UPDATED: 20 min ago
$2,999,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,250
    SQFT
  • $267
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1880
County:

School Ratings & Info

Description

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!

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© 2022 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 Giberson Group | CENTURY 21 Thomson & Co.. Data last updated 2022-10-05T00:20:40.047.
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302 1st Avenue Asbury Park, NJ 07712

  • Price: $2,999,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 20 min ago
  • MLS #: 22229043
0
Beds
0
Baths
0
½ Baths
0.11
Acres
11,250
SQFT
$267
$/SQFT
1880
Built
Neighborhood:
Asbury Park (ASB)
County:
Monmouth
Area:
Asbury Park (ASB)
Property Description
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!
Exterior Features

Construction Siding Stucco Garage No Location Other - See Remarks Lot Dimensions 50 X 100 Parking Driveway On Street Parking Spaces 0.00 Roof Flat Water Type Oceanview

Interior Features

Basement PartialWalk-Out Access Floors Vinyl Heat Fuel Natural GasSteam Rental Units 50 Water Heater Natural Gas

Property Features

Assessment Land 650000.00 Assessment Status Assessed Assessment Total 1954100.00 Business Name Delmonte Hotel Business Operating Yes Commercial Type Commercial Common Features Resident Manager Documents Available Aerial PhotoSurvey Electric1 Other - See Remarks Gas At Street Handicap Access No Improvements Assessment 1304100.00 Landlord Pays ElectricityGasHeatInsuranceMaintenanceSewerTaxesWaterYard Maintenance Lease No New Construction No Sale Yes Sale Includes License Sewer Public Sewer Tax Year 2021 Taxes 29938.00 Use Hotel/MotelOther Water Public Water Zoning Residential

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Joseph Baumann of Berkshire Hathaway Homeservices Fox & Roach: (732) 493-4900.


© 2022 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 Giberson Group | CENTURY 21 Thomson & Co.. Data last updated 2022-10-05T00:20:40.047.
 
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The Giberson Group | CENTURY 21 Thomson & Co.
254 Hwy 35
Red Bank NJ, 07701