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89-93 1st Ave
Atlantic Highlands, NJ 07716
Retail Property For Sale
Investment Highlights
- Gut-renovated, mixed-use investment property with 8 apartments and 4 commercial spaces (5,622 SF) in downtown Atlantic Highlands, New Jersey.
- Attractive unit mix consisting solely of two-bedroom apartments.
- Opportunity includes a Class C liquor license, which generates ~$58,000 in annual revenue.
- 3-story, brick building including 8 apartments over 4 commercial spaces.
- The commercial space is comprised of 4 leased retail spaces with long-term tenants.
- Apartments boast open floor plans with stainless-steel appliances, granite countertops, hardwood floors throughout, along with central HVAC systems.
Property Facts
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
C
Year Built
1889
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.81
Lot Size
0.19 AC
Zoning
B-1,Atlantic
Frontage
100’ on 1st Ave
Property Taxes
| Parcel Number | 05-00114-0000-00003 | Improvements Assessment | $953,000 |
| Land Assessment | $954,000 | Total Assessment | $1,907,000 |
Property Taxes
Parcel Number
05-00114-0000-00003
Land Assessment
$954,000
Improvements Assessment
$953,000
Total Assessment
$1,907,000
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