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Eatontown,NJ 07724
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJMM2004076
Year Built 1910
Annual Tax Amount $11,943
Tax Year 2018
Lot Dimensions 121.00 x 95.00
Property Sub-Type Retail
Source BRIGHT
Property Description
AN INVESTMENT PROPERTY !!! ,Strip center with 5 commercial tenants such as Pizza restaurant : NEW TENANT JUST SIGNED WITHIN 6 MONTHS AGO FOR 10 YEARS ,$2,500.00/ monthly rent , and It's being redecoratedvery newly now, Electronic smoke( Cigar & Cigarette Accessories.... ): $2,400.00/ monthly rent, NEW TENANT SIGNED 4 MONTHS AGO FOR 15 YEARS,. Hair Salon :$1,020.00 /monthly rent , TENANT HAS BEEN HERE FOR LONG TIME SO MONTH TO MONTH, the landlord can obtain a new tenant whenever this tenants inform the lkandlord NO EXTEND LEASE. Dry Cleaner : $1,550.00 /monthly rent, TENANT HAS BEEN HERE FOR LONG TIME AND renew for another for 10 years when 1 remaining lease expires, ( Drop Shop , business owner send out all clothes to big dry cleaner store ,they don't do here ) without machine , Unit 5 : 1,500.00/ monthly rent , dance studio , Municipal parking lot for 50 Cars , parking lot is belong to Township so township will be responsible for cleaning , real estate tax & insurance , removal snow , all expenses. ( Everyone can use parking lot , NOT BELONG TO THE SELLER) , great opportunity for stable income, seller wants to sell because health issue ,Several national franchise around here including Mcdonald , 7-11 convenient store... , very crowd and busy area and city downtown , most tenant have been here for years, MUST SEE!!! , Annual gross rental income is $105,240.00 and all expenses:$21,000.00 so NET ANNUAL RENTAL INCOME IS $84,240.00
Location
State NJ
County Monmouth
Area Eatontown Boro (21312)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 32.0
Utilities Available Natural Gas Available,Electric Available,Water Available,Sewer Available
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 32
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Monmouth Regional H S Di Schools
Others
Tax ID 12-00901-00001
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard