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1142-1144 Ocean Ave
Sea Bright, NJ 07760

$3,900,000 USD

Storefront Retail Residential For Sale  •  6,762 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 6,762 SF
  • Lot Size 0.11 AC
  • Building Class B
  • Year Built 1970
  • Cap Rate 5.00 %
  • Tenancy Multiple
  • Zoning N/Av, Sea Bright
0 Transit Score
56 Walk Score

Highlights

- 5-Unit mixed use building. Major Re-Development Potential.
- 3 Residential Units, 2 Commercial Units w/ room for expansion.
- Residential Units have been raised to meet FEMA requirements post Sandy.
- 6762 sq ft building set on a .11 acre corner lot across the street from Sea Bright Public beach and parking
- Short walk to Sea Bright resturants such as Donavan’s Reef, Angelica’s, and Tommy’s Tap and Tavern
- Large garage for parking and / or storage

Property Flyers

Cap Rate: 5.00 %

Amenities

  • Restaurant
  • Signage
  • Storage Space
  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Monmouth Park (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit)) 9 min - 5.4 mi
Little Silver (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit)) 11 min - 5.8 mi
AirportDriveWalkDistance
Newark Liberty International 59 min - 43.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Rudolph Daunno 732-910-3043 Daunno Commercial
Rudolph Daunno 732-910-3043 Daunno Commercial