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933a Hardenbrook Avenue

Toms River, NJ 08753
  • $16,000,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 22134616
UPDATED: 33 min ago
$16,000,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Description

Unique investment opportunity. Offering a 71 unit portfolio made up of predominately 3 bedroom 1 to 2 bathroom single family homes based in owner occupied neighborhoods. Proforma Cap Rate as high as 5.87%, but potential for increase in overall rent roll. $940,000 Proforma NOI. There is a significant upside in future rent roll and overall equity. This is a portfolio sale, not a single property.

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© 2021 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2021-12-04T15:19:34.147.
www.sellitpat.com/homes/122668947
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933a Hardenbrook Avenue Toms River, NJ 08753

  • Price: $16,000,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 33 min ago
  • MLS #: 22134616
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1951
Built
Neighborhood:
Toms River Twp (TOM)
County:
Ocean
Area:
Toms River Twp (TOM)
Property Description
Unique investment opportunity. Offering a 71 unit portfolio made up of predominately 3 bedroom 1 to 2 bathroom single family homes based in owner occupied neighborhoods. Proforma Cap Rate as high as 5.87%, but potential for increase in overall rent roll. $940,000 Proforma NOI. There is a significant upside in future rent roll and overall equity. This is a portfolio sale, not a single property.
Exterior Features

Garage Yes Location Other - See Remarks Lot Dimensions 92 X 100 Parking Driveway On Site

Interior Features

Floors TileVinylWood Heat AC Other Heat Fuel Other Water Heater Other - See Remarks

Property Features

Assessment Land 85300.00 Assessment Status To Be Assessed Assessment Total 186900.00 Commercial Type Multi-Family Electric1 Other - See Remarks Gas On Site Gross Income 1542031.00 Improvements Assessment 101600.00 Lease No New Construction No Sale Yes Sewer Public Sewer Tax Year 2020 Taxes 4661.00 Use Other Water Public Water Zoning ResidentialSingle Family

Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Thomas M Santoro Jr. of Keytide Realty Group.


© 2021 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2021-12-04T15:19:34.147.
 
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The MEEHAN Group of RE/MAX New Beginnings Realty
509 Main Street
Toms River NJ, 08753