$989,000
For Sale

113 New Brunswick Avenue

Lavallette, NJ 08735
6 beds | 3 baths | 0.11 acres | #22426771
Browse 44 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Discover the perfect Shore home investment with this 50x100 lot nestled in the heart of Lavallette (Voted the countries top vacation destination in 2022). This property offers a unique opportunity to own a multi-family retreat with the potential for a steady stream of rental income.
The front house features two units: a cozy 2-BR apartment upstairs and a comfy 2-BR unit downstairs both with washer/dryer hookups & heat.
The rear unit, currently utilized as a successful summer rental, boasts 2 BR/1 BA along with a washer/dryer. Together, the three units are capable of generating an impressive gross rental income of between $35k-$40k/yr, making this a sound acquisition.
Enjoy leisurely beach days just 2 blocks from the ocean w/amazing sunrises and stunning sunsets on the bay.

  • Interior Details
      • Cooling FeaturesMulti Units
      • Cooling1
    • Beds & Baths
      • Bedrooms6
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Exterior FeaturesBBQ, Locked Storage
    • Measurements
      • Acres0.11
    • Parking
      • Parking FeaturesOff Street, Assigned
  • Construction Details
      • BasementDirt Floor, Crawl Space
      • Property TypeMulti-Family
    • Condition
      • Year Built1955
    • Material information
      • RoofShingle
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • High SchoolPOINT PLEASANT BEACH
      • ZoningNeighborhood
      • Elementary SchoolLAVALLETTE
      • CountyOcean
  • Other
      • MLS #22426771

Location

Julio GallardoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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