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$3,750,000
193 Days On Site

15 Laurel Ave
Keansburg Boro, NJ 07734

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
15,750
SqFt
$238
/SqFt

Built
County:
Monmouth

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15 Laurel Ave15 Laurel Ave15 Laurel Ave15 Laurel Ave
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Rare opportunity to invest in this Established Business of owning a fully licensed Rooming House in N.J. at a 10.6% CAP RATE. The owner has transformed this establishment into a 95-100% occupancy home for adults that need a weekly or monthly lease with many staying long term. 51 single occupancy rooms and six one bedroom apartments bring in a steady flow of income, while affording it's occupants a rent well below market rates. The Belvedere in Keansburg prides itself on a clean, well kept, establishment. Located within 2 blocks to the Keansburg waterfront and the Baypoint Redevelopment area with the millions of dollar transformation happening now. It's the perfect time to invest in this opportunity. Consists of BUILDINGS, LAND & BUSINESS. Operating Licenses Included.Wired for high speed internet throughout with cameras covering common areas. Passed all recent State Inspections. Owner keeps building immaculate. Office with full apartment attached for staff.Property is located in a flood zone. Owner does not have flood insurance as property did not flood during Storm Sandy. Crawl space under building. Owner just had 50 yr roof installed with all decking replaced April 2024 on the 3 story building.

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Listing Snapshot
Price 
$3,750,000
Days On Site 
193 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,750 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
N/A
MLS® Number 
3907702
Status 
Active
Property Tax 
$31,551
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoPrice changed to $3,750,000
6 months agoListing first seen on site
General Features
Acres 
0.29
Number Of Stories 
3
Parking 
On Street
Security 
Security SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
15750
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
Crawl Space
Cooling 
Window Unit(s)
Flooring 
LaminateVinyl
Heating 
BaseboardNatural Gas
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Exterior Features
Lot Features 
Corner Lot
Roof 
Composition
Listing courtesy of MILLENNIUM INTERSTATE REALTY 7326735980

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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