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Executive Summary
This beautiful Victorian 3 story building was damaged by fire & was taken down to the studs. Will be demolished but town agrees to allow buyer to erect a new rental building with ten units. Zoned R2 can be home or a boarding house/hotel. Sits on a 100’ by 85' lot corner with parking. BE AWARE PICTURE ON THIS AD SHOWS BEFORE FIRE, THIRD FLOOR IS REMOVED- INSIDE DOWN TO STUDS.
Walk to the boardwalk and ocean beaches.
Was licensed for a Hotel/Motel, that was the last use as a boarding house, or convert to a B&B with town approval, restore to home or knock down and use lot to rebuild. Will need to be
remodeled & raised per new law.
Calling all builders, buyers interested in returning it back to
hotel/boarding house or home owners looking to have a great location near the ocean. Located in desirable Point Pleasant Beach.
Downtown full of restaurants & shopping nearby.
Walk to the boardwalk and ocean beaches.
Was licensed for a Hotel/Motel, that was the last use as a boarding house, or convert to a B&B with town approval, restore to home or knock down and use lot to rebuild. Will need to be
remodeled & raised per new law.
Calling all builders, buyers interested in returning it back to
hotel/boarding house or home owners looking to have a great location near the ocean. Located in desirable Point Pleasant Beach.
Downtown full of restaurants & shopping nearby.
Property Facts
| Sale Type | Investment | Construction Status | Under Renovation |
| Property Type | Specialty | Building Size | 3,000 SF |
| Property Subtype | Residential Income | No. Stories | 3 |
| Building Class | C | Year Built | 1915 |
| Lot Size | 0.19 AC | ||
| Zoning | RR2 - SINGL FAMILY HOME, CONDITIONAL HOTEL, RESTUARANT, B&B | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.19 AC |
| Construction Status | Under Renovation |
| Building Size | 3,000 SF |
| No. Stories | 3 |
| Year Built | 1915 |
| Zoning | RR2 - SINGL FAMILY HOME, CONDITIONAL HOTEL, RESTUARANT, B&B |
Amenities
- Air Conditioning
- Smoke Detector
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Property Taxes
| Parcel Number | 26-00099-0000-00012 | Improvements Assessment | $399,600 |
| Land Assessment | $561,000 | Total Assessment | $960,600 |
Property Taxes
Parcel Number
26-00099-0000-00012
Land Assessment
$561,000
Improvements Assessment
$399,600
Total Assessment
$960,600
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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37 Arnold Ave
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