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33 Union Avenue, Manasquan, NJ

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33 Union Avenue

Manasquan, NJ 08736 - Southern Monmouth Submarket

Property Type:Office Sub Type:Office/Residential Status:Existing Year Built:1904
Stories:3 Typical Floor:1,232 SF Building Size:3,252 SF
For Sale Price:$759,000 Price/SF:$233.39
Cap Rate:6.75 %
Parking:Free Surface spaces are available; Ratio of 3.08/1,000 SF

Sale Notes:
Income property consists of three buildings (1) 39 Union Ave - a rooming house with 2 apartments and 6 rooms (3587 sf); (2) 33 Union Ave. - a single ser office building (1614 sf); and (3) 33 1/2 Union Ave. a 2 BR residential cottage (936 sf). Gross Income is $97,900 per year and Net Operating Income is $58,900.
Property is in a B-1 Zone. Rooming house is a pre-existing non-conforming use.

Ward Wight Sotheby's International Realty
Richard Wight
(732) 223-2266

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