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Sold for $800,000 on 06/16/23
  • $800,000

    317 Ocean Gate Ave, Ocean Gate, NJ 08740

    8beds
    --baths
    4,176sqft
    Retail
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $192/sqft
    $2,169 Estimated rent

    What's special

    In the heart of the Business District of the Borough of Ocean Gate is a .23 acre corner parcel of land with a *well maintained and fully occupied* investment opportunity for you! This Historic building features: A 728ft² store front commercial unit with additional office spaces, small seating area, half bath, central air, forced hot air (via one central gas fired boiler) four apartment dwellings, each includes two bedrooms and one full bath, kitchen, living room and separate entrances-two upper and two lower units, radiator heat, ceramic and hardwood floors throughout building, full basement, attic space, pretty courtyard, individual electric meters, garage/workshop (792ft²/new roof), coin-op laundry room and additional 40x100 buildable lot. Located in Flood Zone X. Blocks from beach. *Firewall between Quad and Commercial areas. Garage has large half bath.

    Zillow last checked: 7 hours ago

    Listing updated: June 16, 2023 at 07:56am

    Listed by:

    Alison Elias 732-551-7931

    Bought with:

    Alison Elias

    Source: Bright MLS,MLS#: NJOC2016468MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Heating
    • Forced Air, Radiant, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Wall Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Attic, Store/Office, Additional Stairway
    • Flooring: Wood, Ceramic Tile
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,176
    • Total interior livable area: 4,176 sqft

    Property

    Parking
    • Parking features: Driveway, On Street, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Patio
    • Exterior features: Sidewalks
    • Pool features: None
    • Frontage type: Road Frontage
    Lot
    • Size: 10,000 sqft
    • Dimensions: 60 x 100/40 x 100
    • Features: Corner Lot, Level, SideYard(s), Subdivision Possible, Corner Lot/Unit
    Details
    • Additional structures: Above Grade, Outbuilding
    • Parcel number: 2200024000000015
    • Zoning: C
    • Zoning description: Business District, Mixed Use, Commercial, Multifamily
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Retail
    Materials
    • Concrete, Wood Siding
    • Roof: Shingle
    Condition
    • Good,Very Good,Average,Excellent
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & neighborhood

    Location
    • Region: Ocean Gate
    • Subdivision: Ocean Gate
    • Municipality: OCEAN GATE BORO

    HOA & financial

    Other financial information
    • Total actual rent: 82320

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Shop Rentals
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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