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Key Details
Sold Price $1,825,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,381 sqft
Price per Sqft $247
Municipality Neptune Twp (NPT)
MLS Listing ID 22034655
Sold Date 05/26/21
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1870
Annual Tax Amount $19,866
Tax Year 2019
Lot Dimensions 60 X 60
Property Description
16 UNIT APARTMENT BUILDING - First time on the market in over 50 years. Owned/operated by same family since 1960s. This prime, central location in the Historic Downtown District of Ocean Grove has residents and guests with close access to the beach/boardwalk, the Great Auditorium, the charming Downtown, and the footbridge to Asbury Park! This CORNER Property is being offered TURNKEY and is occupied by seasonal and year-round tenants in fully furnished apartments complete with full kitchens and private bathrooms. One (1) two-bedroom, four (4) one-bedrooms and eleven (11) studio apartments. A common lobby, all season front porch and shared courtyard are available for all to enjoy. Listing agent is the seller and NJ licensed realtor Photos include a sampling of apartments. Please review preliminary information available via Documents tab.
UNDERGROUND OIL TANK removed 2019, New pitched ROOF September 2020, Five (5) year STATE FIRE INSPECTION completed in 2018.
Location
State NJ
County Monmouth
Area Ocean Grove
Direction Main Avenue Ocean Grove EAST toward Beach. Turn left (North) at Central Avenue and continue for 2 short blocks. Turn right onto Pitman Ave and the Allenhurst Apartments will be immediately on your right.
Rooms
Basement Partial
Interior
Cooling Window Unit(s), Other
Exterior
Parking Features On Street
Roof Type Shingle, Flat
Building
Sewer Public Sewer
Water Well, Public
Others
Senior Community No
Tax ID 35-00147-0000-00002
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Bought with Coldwell Banker Realty
Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.
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