212 10th Avenue, Belmar, New Jersey, 07719
$1,395,000
Multi-family
4 ba
8 bds
2,520 Sqft
Pending Sale
New to the market and offered for sale for the first time in 40 years! Prime location in the center of Belmar just 1.5 blocks from the beach, 2 blocks from Silver Lake, and 4 blocks from Belmar's booming downtown shops, restaurants, and breweries! This is a proper 50' x 150' lot size for great expansion or rebuilding options! NOT a flood zone! Current home is a 2-Family/Duplex with a 4BR/1.5BA apartment on the 1st Floor; and an identical 4BR/1.5BA apartment on the 2nd Floor. Use both for personal beach house; or use one and rent out the other, rent out both, or build your dream home on this generous sized lot! Each unit has consistently gotten $25,000-$30,000 every summer, and $2,000/mo in winter (potential $80,000-$90,000 total yearly income). Unique opportunity with lots of options!
Water Source :
Public
Sewer Source :
Public Sewer
Parking Features:
None, Off Street
Parking Total:
11
Cooling:
Central Air, 2 Zoned AC
Heating :
Forced Air, 2 Zoned Heat
Basement Description :
Partial
Street Address: 212 10th Avenue
City: Belmar
State: New Jersey
Postal Code: 07719
County: Monmouth
MLS Number: 22514190
Year Built: 1985
Courtesy of Coldwell Banker Realty
Courtesy of Weichert Realtors-Toms River
