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A unique investment opportunity with significant multi-family and residential development potential is now available in the Belford section of Middletown. Situated in an R7 zone where commercial use is permitted, this offering spans three contiguous parcels and includes a fully operational funeral home with an outstanding reputation for compassionate service in the community. The rear lot, measuring 100x100, is currently used for parking but may allow for the construction of one to two single-family homes, subject to township approvals. Additionally, there may be potential for the development of up to four new construction homes on the site, further enhancing the property's long-term value. The primary building offers over 5,000 square feet of space, including a basement and private owner's living quarters. A second structure provides more than 2,500 square feet of office space, complete with a separate apartment aboveoffering immediate residential or rental income possibilities. Oxford House use is permitted; please consult the attached township guidelines for details. The business is being sold separately and will require an independent valuation. Prospective buyers are responsible for performing all due diligence regarding zoning, development potential, and business operations.

PROPERTY FEATURES

Water Source : Public Sewer Source : Public Sewer
Parking Features: Detached, Oversized, Off Street, Paver Block, Common 2 Garage Spaces
Lot Features : Subdividable
Cooling: Central Air Heating : Natural Gas
Basement Description : Full, Partially Finished

PROPERTY DETAILS

Street Address: 147 Church Street
City: Belford
State: New Jersey
Postal Code: 07718
County: Monmouth
MLS Number: 22517073
Year Built: 1910
Courtesy of Real Broker, LLC- Toms River

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