Address
557 E Main Street Manasquan, NJ
Price
$ 1,595,000
Property Attributes
  • MLS#22034059
  • TypeMulti-Family
  • CountyMONMOUTH
  • CityManasquan
  • AreaManasquan
  • Zip08736
  • StyleTwo Family
  • Year Built2006
  • Taxes12529
  • Price$ 1,595,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Dianne C Johnson, Berkshire Hathaway HomeServices Fox & Roach
Property Description

$131,600.00 income. 2021 summer leases already signed with deposits. The perfect investment property! Very close to beach. Phenomenal proven cap rate with room to increase. Not the normal seashore rental property. This is 2 absolutely beautiful apartments that easily could be converted to a 7 bedroom, 3 bath home. The first and second floor great rooms are mirror images of each other.Current income 2nd. floor unit summer 2021 $44,000.00 1st. floor unit summer 2021 $50,000 Winter rent 2nd. floor $2500. Winter rent 1st. floor $2200 All tenant pays utilities Property taxes $13,000.00 Insurance $5,000.00.Unit # 1 is 3 bedrooms and 1 bath on the first floor. Unit #2 is 4 bedrooms and 2 baths on the 2nd. and 3rd. floors

Elementary School Middle School
Manasquan Elementary School Manasquan Middle School
Price History
9/24/2020 Listed $1,595,000

General Features

Days on Market 24
Elementary School Manasquan
Financing Conventional
Fireplaces 1.00
Full Baths 3
Garage No
Middle School Manasquan
New Construction No
Owner Individual(s)
Parking Off Street
Property Type D
Roof Shingled
Status Active
Stories 2.0
Subdivision None
Tax Year 2019
Taxes 12529.00
Type Two Family
Water Heater Electric, Natural Gas
Year Built 2006

Interior Features

# Units In Bldg 2.0000
Basement No
Fireplace Yes
Floors Ceramic Tile, Laminate, Linoleum/Vinyl
Heat/ac Central Air
Heating Fuel Natural Gas
Number of Garages 0.00
Total Bathrooms 3.00
Total Bedrooms 7
Unit 1 Dishwasher, Dryer, Gas Stove, Refrigerator, Washer, Water Heater, Water Meter
Unit 1: # Bedrooms 3
Unit 1: # Full Baths 1
Unit 1: Bedroom Level 1
Unit 1: Kitchen Level 1
Unit 1: Living Room Level 1
Unit 1: Master Bedroom Level 1
Unit 2 Dishwasher, Dryer, Furnace, Gas Meter, Gas Stove, Refrigerator
Unit 2: # Bedrooms 4
Unit 2: # Full Baths 2
Unit 2: Bedroom Level 2
Unit 2: Kitchen Level 2
Unit 2: Living Room Level 2
Unit 2: Master Bedroom Level 2

Exterior Features

Lot Dimensions 42 x 100
Number of Parking Spaces 4.00
Pool Y/N No
Siding Stucco - Cement, Vinyl
Water/Sewer Public Sewer, Public Water
Waterfront No
Waterview No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08736

Price
AVG $1.77M
$1.6M
Taxes
AVG $16,363
$12,529
Visits
AVG 23
14
Year Built
AVG 1959
2006
Walkscore
AVG 34
34
Data Provided by Walkscore ® not using MLS data

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