2337 Route 34, Manasquan, NJ 08736
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2337 Route 34, Manasquan, NJ 08736
2337 Route 34, Manasquan, NJ 08736
2337 Route 34, Manasquan, NJ 08736
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Thomas Ciccarone

Thomas Ciccarone

+1(908) 448-8050
$ 2,000,000
Est. payment /mo
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Pending

2337 Route 34 Manasquan, NJ 08736

6,167 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 6,167 sqft

Price per Sqft $324

Municipality Wall (WAL)

MLS Listing ID 22518815

Annual Tax Amount $18,838

Tax Year 2024

Lot Size 1.290 Acres

Acres 1.29

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Seize a rare opportunity to develop 18 apartments or condos with an an amendment to the redev plan on a prime lot just minutes from Manasquan Beach, Brielle, Sea Girt, and Point Pleasant Beach. Currently an operating motel it's been rezoned by the town from commercial to high density residential to meet NJ's housing demand. This lot is a high-value investment. In the 08736 zip code this affluent community, with a $150,523 median household income, $91,786 per capita income, and 73% with Bachelor's degrees, ensures strong buyer appeal. Develop premium condos where the median listing price of 2-3 bedroom condos is $850,000 and overall median listing home price (all property types) is about $1.3M / ~$464/ft²., and rents for 2-3 bedroom apartments averaging $3500 - $4100/month reflecting a VERY desirable coastal area. Contact us for more information to schedule a tour and to unlock this profitable venture. Contact us for more information to schedule a tour and to unlock this profitable venture.

Location

State NJ

County Monmouth

Area None

Direction Rt 34 South. Almost exactly 2 miles south of the GSP on the right hand side.

Exterior

Parking Features Paver Block

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 52-00831-0000-00030

Monmouth Ocean MLS (MOMLS)
Listed by Real Broker, LLC- Red Bank

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Thomas Ciccarone
Thomas Ciccarone

Sales Associate | License ID: 1867455

+1(908) 448-8050

www.tcsellsnj.com

716 Route 206, Hillsborough, NJ 08844, United States

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Coldwell Banker Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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