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New to the market and offered for sale for the first time in 40 years! Prime location in the center of Belmar just 1.5 blocks from the beach, 2 blocks from Silver Lake, and 4 blocks from Belmar's booming downtown shops, restaurants, and breweries! This is a proper 50' x 150' lot size for great expansion or rebuilding options! NOT a flood zone! Current home is a 2-Family/Duplex with a 4BR/1.5BA apartment on the 1st Floor; and an identical 4BR/1.5BA apartment on the 2nd Floor. Use both for personal beach house; or use one and rent out the other, rent out both, or build your dream home on this generous sized lot! Each unit has consistently gotten $25,000-$30,000 every summer, and $2,000/mo in winter (potential $80,000-$90,000 total yearly income). Unique opportunity with lots of options!

PROPERTY FEATURES

Water Source : Public Sewer Source : Public Sewer
Parking Features: None, Off Street Parking Total: 11
Cooling: Central Air, 2 Zoned AC Heating : Forced Air, 2 Zoned Heat
Basement Description : Partial

PROPERTY DETAILS

Street Address: 212 10th Avenue
City: Belmar
State: New Jersey
Postal Code: 07719
County: Monmouth
MLS Number: 22514190
Year Built: 1985
Courtesy of Coldwell Banker Realty

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