33 Union Ave - Apartments FOR SALE


Manasquan, NJ 08736
$12,495,000 USD
732-528-3700
33 Union Ave, Manasquan, NJ for Sale
$12,495,000 USD
Apartments - FOR SALE
1/80
null | Request Cap Rate

33 Union Ave
Manasquan, NJ 08736


OVERVIEW

First Time Offered since newly constructed & completed in 2024 - The Reef is a 23 Unit apartment building located in the highly desirable Jersey Shore town of Manasquan. This in-town location is approximately 1.3 miles from the Manasquan beaches and in close proximity to everything the Jersey Shore has to offer, to include NJ Transit with rail transportation to north Jersey and NYC. This building represents one of the newest projects in Manasquan and features one to two bedroom units ( mostly two bedrooms ) ranging in size from approximately 772 to 1,363 square feet. Units feature high end finishes to include custom kitchen lay-outs with full stainless steel appliance packages, stackable washer & dryer, some units have balconies, all units have private lockable storage units. Additional amenities include raised panel woodwork in common areas, recessed lighting, central air conditioning, elevator ( one ), open floor plans, intercom / mobile app access system - in addition to a gym, package room, fully furnished common room, select units come with one assigned parking spot, street parking available. Very exciting opportunity rarely available on the Jersey Shore! Please contact Keith Kernan at 732.501.1584 for additional information.

FOR SALE DETAILS

PRICE

$12,495,000 USD

PRICE/SF

$322 USD /SF

# OF UNITS

23

PRICE/UNIT

$543,261

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Reef

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,722 SF

ZONING

B-1

APN/PARCEL ID

29-00066-02-00031-01

ASK ABOUT THIS PROPERTY

Richard WightWard Wight Sotheby's International RealtyMore Info
732-528-3700

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Richard WightWard Wight Sotheby's International RealtyMore Info
732-528-3700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.