1148-1162 Ocean Avenue, Sea Bright, NJ 07760 (MLS# 21707576)

1148-1162 Ocean Avenue, Sea Bright, NJ 07760

$2,300,000

The property includes a dedicated parking lot.

The building spans from Center Street to Beach Street in the Downtown District.

Property Type: Commercial Square Footage: 15,066 Status: Closed

Current Price: $2,300,000 List Date: 2/28/2017 Last Modified: 1/31/2025

Overview

Description

Outstanding opportunity to own an important, 4-parcel Mixed-Use real estate property, including 2-level Free Standing Building in the center of Downtown Sea Bright. Dedicated parking lot included. Bldg has 2 floors at present time. Sale includes adjacent 1 and 3 Center St vacant residential lots. Each vacant lot is 25x72. There is new construction and redevelopment projects throughout the entire Downtown retail, and residential zones. Beautiful beaches across street. There are +/- 22 dedicated parking spaces. Also, street parking directly in front of building. Ground Level features +/- 11,754 SF of retail store space with two entrances. The 2nd Floor of +/- 3,312SF is Unfinished Space. High Speed Seastreak Ferry transportation to Downtown Manhattan is just 4.2 miles from this prop

Listing Details MLS# 21707576

Contract Info

Property Sub-Type: Mixed Use
Sale: Yes
Lease: No
List Price/SqFt: 165.94
New Construction: No
Lease Price: 0
Lease Price Per/SqFt: 0

Location

House Number: 1148-1162
Street Name: Ocean
Street Suffix: Avenue
County: Monmouth
Municipality: Sea Bright (SEA)
Postal City: Sea Bright
State: NJ
Zip Code: 07760
Area/Section: None
Directions: From Rumson Road, turn Right over the Bridge into Sea Bright. The property is on the Right corner of Center Street.
Business District: Yes
Near Busstop: Yes
Other - See Remarks: Yes

General Property Info

Handicap Access: Yes
# Levels: 2
Available SqFt: 15066
Office SqFt: 3312
Retail SqFt: 11754
Apx SqFt: 15066
Garage: No
# Parking Spaces: 22
Lot Dimensions: 140 x 75
Business Operating: Yes
Franchise: No
Farm: No
# Car Garage: 0

Tax and Legal

Asmnt - Total: 1742000
Deed Restricted: No
Special Assessment: No
Taxes: 28223
Tax Year: 2016

Status Change Info

Under Contract Date: 2018-02-20
Sold Date: 2022-04-01

Remarks & Misc

Excluded: Liquor License. Trade fixtures are property of tenant. Suspended accoustical tile ceiling

More Information

Income & Expenses

RE Taxes: 28223.25

Use

Professional/Office: Yes
Retail: Yes

Interior

Fire Sprinkler System: Yes
Handicapped: Yes
Refrigeration: Yes

Zoning

Central Business: Yes
Commercial: Yes
Retail: Yes

Lot Description

Curbing: Yes
Highway Frontage: Yes
Major Frntg: Yes
Sidewalks: Yes

Floors

Concrete: Yes
Tile: Yes

Electric

Other - See Remarks: Yes

Gas

On Site: Yes

Cooling

Central Air: Yes

Water Heater

Natural Gas: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Water

Public Water: Yes

Sewer

Public Sewer: Yes

Exterior

Lighting: Yes

Parking

Assigned: Yes
On Street: Yes
Open: Yes
Paved: Yes

Assessment Status

Assessed: Yes

Construction/Siding

Block: Yes

Roof

Asphalt: Yes

Material

Block: Yes
Concrete: Yes

Sale Excludes

Business Name: Yes
Equipment/Furniture: Yes
Franchise: Yes
Inventory: Yes
License: Yes
Machinery: Yes

Documents Available

Blue Prints: Yes
Proof of Zone: Yes

Property Features

Location: Business District; Near Busstop; Other - See Remarks; Business District; Near Busstop; Other - See Remarks Use: Professional/Office; Retail Interior: Fire Sprinkler System; Handicapped; Refrigeration Floors: Concrete; Tile Cooling: Central Air Heating: Forced Air; Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Exterior: Lighting Parking: Assigned; On Street; Open; Paved Roof: Asphalt Material: Block; Concrete Sale Excludes: Business Name; Equipment/Furniture; Franchise; Inventory; License; Machinery Zoning: Central Business; Commercial; Retail Lot Description: Curbing; Highway Frontage; Major Frntg; Sidewalks Assessment Status: Assessed Documents Available: Blue Prints; Proof of Zone

Listing Office: Diane Turton, Realtors-Rumson

Listing Agent: Laura J Kelson

Last Updated: January - 31 - 2025

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