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.
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
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#: NJOC2016468

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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