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Investment Highlights

  • Two-family investment property with flexible income potential
  • Desirable corner lot with water views and attached garage
  • Minutes from Belmar Beach, parks, dining and shopping
  • 5 bedrooms, 4 bathrooms and approximately 2,469 SF - Total
  • Walkable to Belmar Marina, downtown and the train station

Executive Summary

Investor-focused opportunity to acquire a versatile two-family property in a desirable Belmar location. The approximately 2,469-square-foot property offers five bedrooms, four bathrooms, water views, a corner-lot setting and an attached garage. Its flexible configuration supports rental-income, owner-occupant or multigenerational strategies. Conveniently located near Belmar Marina, downtown, the train station, parks and the beach. Financial information and rent documentation are available upon request.

Property Facts

Price $1,449,999
Price Per Unit $725,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.12 AC
Building Size 2,469 SF
No. Stories 2
Year Built/Renovated 1950/2026
Parking Ratio 1.22/1,000 SF
Zoning SF-05 - Residential zoning with an existing two-family residential use on an approximately 0.12-acre corner lot.

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Family Room
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 - -
2+2 2 - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
07-00233-0000-00001
Land Assessment
$163,200
Improvements Assessment
$221,500
Total Assessment
$384,700
  • Listing ID: 41598119

  • Date on Market: 8/7/2026

  • Last Updated:

  • Address: 1611 River Rd, Belmar, NJ 07719

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