Address
933a Hardenbrook Avenue Toms River, NJ
Price
$ 16,000,000
Property Attributes
  • MLS#22134616
  • TypeCommercial
  • CountyOCEAN
  • CityToms River
  • AreaToms River Twp
  • Zip08753
  • StyleMulti-Family
  • Year Built1951
  • Taxes$ 4661
  • Price$ 16,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Thomas M Santoro Jr., KeyTide Realty Group
Data Source:
Monmouth Ocean Regional REALTORS® (MOMLS) - 135 - NJ
Property Description

Unique investment opportunity. Offering a 71 unit portfolio made up of predominately 3 bedroom 1 to 2 bathroom single family homes based in owner occupied neighborhoods. Proforma Cap Rate as high as 5.87%, but potential for increase in overall rent roll. $940,000 Proforma NOI. There is a significant upside in future rent roll and overall equity. This is a portfolio sale, not a single property.

Price History
10/22/2021 Listed $16,000,000

General Features

Days on Market 44
Electric Other - See Remarks
Garage Yes
Gas Y/N On Site
Location Other - See Remarks
New Construction No
Parking On Site
Property Type E
Sewer Public Sewer
Status Active
Stories 2.0
Tax Year 2020
Taxes 4661.00
Type Multi-Family
Use Other
Water Public Water
Water Heater Other - See Remarks
Year Built 1951
Zoning Residential, Single Family

Interior Features

Floors Tile, Vinyl, Wood

Exterior Features

Acreage 0.21
Lot Dimensions 92 x 100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08753

Price
AVG $930K
$16M
Taxes
AVG $29,044
$4,661
Visits
AVG 78
36
Year Built
AVG 1970
1951

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