2337 Route 34, Manasquan, NJ 08736
2337 Route 34, Manasquan, NJ 08736
2337 Route 34, Manasquan, NJ 08736
4
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$2,000,000
Est. payment /mo
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6,167 SqFt
Pending

2337 Route 34 Manasquan, NJ 08736

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Jesus Marcovichi

Jesus Marcovichi

+1(786) 644-9911

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 6,167 sqft

Price per Sqft $324

Municipality Wall (WAL)

MLS Listing ID 22518815

Annual Tax Amount $18,838

Tax Year 2024

Lot Size 1.290 Acres

Acres 1.29

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Seize a rare opportunity to develop 18 apartments or condos with an an amendment to the redev plan on a prime lot just minutes from Manasquan Beach, Brielle, Sea Girt, and Point Pleasant Beach. Currently an operating motel it's been rezoned by the town from commercial to high density residential to meet NJ's housing demand. This lot is a high-value investment. In the 08736 zip code this affluent community, with a $150,523 median household income, $91,786 per capita income, and 73% with Bachelor's degrees, ensures strong buyer appeal. Develop premium condos where the median listing price of 2-3 bedroom condos is $850,000 and overall median listing home price (all property types) is about $1.3M / ~$464/ft²., and rents for 2-3 bedroom apartments averaging $3500 - $4100/month reflecting a VERY desirable coastal area. Contact us for more information to schedule a tour and to unlock this profitable venture. Contact us for more information to schedule a tour and to unlock this profitable venture.

Location

State NJ

County Monmouth

Area None

Direction Rt 34 South. Almost exactly 2 miles south of the GSP on the right hand side.

Exterior

Parking Features Paver Block

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 52-00831-0000-00030

Monmouth Ocean MLS (MOMLS)
Listed by Real Broker, LLC- Red Bank

NEARBY SCHOOL & BUSINESS

Jesus Marcovichi

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

 

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how. 


If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(786) 644-9911

admin@salmonrealestate.com

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2337 Route 34