$925,000
$995,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
8,023 SqFt
SOLD DATE : 10/26/2022
Key Details
Sold Price $925,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 8,023 sqft
Price per Sqft $115
Subdivision Tuckerton Boro
MLS Listing ID NJOC2000095
Sold Date 10/26/22
Originating Board BRIGHT
Year Built 1823
Annual Tax Amount $15,956
Tax Year 2021
Lot Size 1.013 Acres
Acres 1.01
Lot Dimensions 153.34 x 287.76
Property Description
Income Potential Abounds with this multi-family property, currently in use as a bed and breakfast inn. This property features 7 bedrooms upstairs, each with their own bathroom, ideal for weekly daily or monthly rentals plus the office space next door is income generating,. On the main level, there is an owner's suite, featuring 2 bedrooms, and living room, bathroom
The impressive grand entry foyer welcomes you, with its grand wooden staircase, and leads you into the grand parlor with high ceilings, beautiful moldings, fireplace. There is a spacious and comfortable dining area, The gourmet kitchen is a chef’s delight, and features lots of cabinets and counter space, a perfect space for the owners to bake their signature pastry treats or serve fabulous multi-course meals. Plus an office or boutique rental space in the front of the building, and a two story professional office space next door, with it’s own separate parking lot, that is currently rented to an attorney. Plus a large detached horse barn, currently used as a garage and workshop, can be converted to more income generating space. Magnificently landscaped grounds, multi-level decking, a gazebo and pond, all surrounded by lush greenery. Ample parking for all guests, and plenty of room for expansion. This property has lots of potential for the savvy buyer/ entrepreneur. There is lots of room for expansion of the guest rooms, and more potential rental space, in addition to the rental income already realized from the two-story professional office building to the left of the inn. Walking distance to everything downtown, including the well known Tuckerton Seaport, with ferry over to Long Beach Island, and the famous Lizzie Rose Music Room, plus local shops and services. A short drive to the white sandy beaches of LBI, and nightlife of Atlantic City. Visit nearby historic Smithville, Historic Batsto Village, the Noyes Art Museum, and many more cultural and interesting attractions Tuckerton is nestled in the pine barrens, a nature lovers paradise, and designated us biosphere reserve, with exquisite and unique species of birds, white cedar bogs, nature at its best! Business and furnishings are not included
Location
State NJ
County Ocean
Area Tuckerton Boro (21533)
Zoning SV
Interior
Hot Water Electric
Heating Radiant
Cooling Central A/C, Ceiling Fan(s), Multi Units, Window Unit(s)
Flooring Wood, Vinyl, Carpet, Ceramic Tile
Equipment See Remarks
Heat Source Natural Gas
Exterior
Garage Spaces 11.0
Utilities Available Cable TV, Water Available, Sewer Available, Phone Available, Natural Gas Available
Waterfront N
Water Access N
View Trees/Woods
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 11
Garage N
Building
Lot Description Backs to Trees
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Tuckerton Borough Public Schools
Others
Tax ID 33-00049-00027
Ownership Fee Simple
SqFt Source Assessor
Security Features Sprinkler System - Indoor,Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Corinne Geiger • RE/MAX at Barnegat Bay - Manahawkin
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "