302 1st Avenue Asbury Park, NJ 07712
Major Investment opportunity with one of the best money makers around. Once the Delmonte Hotel, but presently ran as a rooming house in prime Asbury Location!Just outside of redevelopment zone & 3 blocks to both wonderful beaches & a hopping downtown!Over 11, 000 sq feet with 50 rooms that are all occupied and rented at an average of over $1100/mo per room. 8 common baths and 8 rooms have private baths. New stucco siding, 2 newer boilers. Adjacent vacant 50 X 100 lot is included in the sale making the total property 100x100. Worth the effort to renovate and turn into a showcase property or just keep as is and benefit from a great return on investment. Don't miss the chance to be a part of the exciting City by the Sea, Asbury Park!
- Property TypeCommercial
- NeighborhoodN/A
- CountyMonmouth
- Taxes$34,848
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusActive
- MLS ID Number22415159
- Home Size Source N/A
- Year Built1880
- Lot Size0.11 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Stucco
- Parking On Street
- Parking Spaces 0
- Sewer Public Sewer
- Basement PartialWalk- Out Access
- Number of Stories 4
- Acreage 0.11
- Water Public
- Zoning Residential
- Garage Spaces 0
Interior Features
- Heating Steam
- Flooring Vinyl
- Fireplaces 0
Exterior Features
- Roof Flat
- Spa No
- Waterfront Property Yes
- Waterfront Features Oceanview
- Lot Corner Lot
Community Features
- MLS Area None