$989,000
Active
23 Days Online
6 Beds3 Baths1,602 SQFT
Active

113 New Brunswick Avenue Lavallette, NJ 08735

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyOcean
  • Taxes$5,864
  • HOA/Condo/Coop Fees$0
  • Days on Site23 Days
  • MLS StatusActive
  • MLS ID Number22426771
  • Home Size Source N/A
  • Year Built1955
  • Lot Size0.11 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Parking Off StreetAssigned
  • Sewer Public Sewer
  • Basement Dirt FloorCrawl Space
  • Number of Stories 2
  • Acreage 0.11
  • Water Public
  • Zoning Neighborhood
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No

Interior Features

  • Cooling Multi Units
  • Heating Baseboard
  • Fireplaces 0

Exterior Features

  • Roof Shingle
  • Spa No
  • Waterfront Property No
  • Exterior B B QLocked Storage

Community Features

  • MLS Area Shn Lavallette

Schools

School District
Unknown
Elementary School
Lavallette
Middle School
Unknown
High School
Point Pleasant Beach

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Monthly Payment (Est.)

$4,805
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