Asbury Park, NJ 07712,408 7th Avenue
$2,750,000
Est. payment /mo
$4,100,000
32.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

9,817 SqFt
SOLD DATE : 10/14/2021

Key Details

Sold Price $2,750,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,817 sqft

Price per Sqft $280

Municipality Asbury Park (ASB)

MLS Listing ID 22042383

Sold Date 10/14/21

Originating Board Monmouth Ocean Regional Multiple Listing Service

Year Built 1920

Annual Tax Amount $24,860

Tax Year 2020

Lot Size 213.000 Acres

Acres 213.0

Lot Dimensions 62 by 150; 50 by 150

Property Description

Property operates as a 20 room motel on the top two floors; ground floor is dedicated to full-service dining and bar services. Property includes plenary 33 liquor license. Back lot 50 by 150 is used for off-street parking but is available for development.

Could be converted to a B&B, Multi-Family or Single Family property with variance.

Location

State NJ

County Monmouth

Area N Asbury Pk

Direction Between Grand Ave. and Park Ave.

Rooms

Basement Tenant Storage

Interior

Heating See Remarks, Other

Flooring Tile, W/W Carpet, Wood

Exterior

Garage On Street, Unpaved

Roof Type Flat

Parking Type On Street, Unpaved

Building

Lot Description Other - See Remarks, Multilot Sub

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 13-4281421

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Monmouth Ocean MLS (MOMLS)
Listed by Sitar Realty Company
Bought with Space & Company

GET MORE INFORMATION

Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.