West Monmouth - Carol Mazzola
1/10
Listing Courtesy Of: FORMULA REALTY, LLC, DANIEL VAYSBERG
Local Realty Services Provided By: Keller Williams Elite, Realtors
Overview
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$1,100,000
79 Whitehead Avenue, South River, NJ 08882
8,000 sq ft
.19 ac
$1,100,000

79 Whitehead Avenue, South River, NJ 08882

Estimation provided by Keller Williams Realty Inc.
8,000 sq ft
.19 ac
Under Contract
For Sale

Property Description

Calling all investors! Welcome to a rare opportunity with charming room rentals, commercial opportunity, and a dedicated parking lot located in South River, NJ. This listing boasts a rooming and boarding house and 3 commercial spaces featuring 12 units total. Included in this listing are two distinct lots with the cafe, meat market/ deli, printing company and rooming and boarding home occupying the first and a parking lot occupying the second. The rooming and boarding home includes 9 rooms, 2 of those rooms have their own kitchen and bathroom, with 3 commercial spaces below, as well as a parking lot, ensuring a steady stream of rental income. Those three thriving commercial spaces complement the residential aspect: a bustling meat market and deli catering to locals' culinary needs, a reliable printing company serving businesses and individuals alike, and a charming cafe providing a cozy atmosphere for patrons to enjoy coffee and snacks with dedicated parking available for customers. Strategically located in South River, these commercial spaces benefit from a bustling community and high foot traffic. With a diverse range of revenue streams and a prime location, this property offers exceptional investment potential. Included in the listing is the parking lot across the street, perfect for customer parking or as an independent source of revenue! Don't miss your chance to capitalize on this lucrative opportunity in South River!

Property Details

Compare This Home
Overview
Property Type
4 Family
Property Size
8,000 sq ft
Days on Site
375 Days
HVAC
A/C Window Unit(s), Baseboard Electric, Radiators-Hot Water, Baseboard
Parking
No
Mazzola Realty Group
West Monmouth
NJ 9480603

Activity History

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Purchase Price: $1,100,000
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Price & Tax History

Date
Event
Price
05/13/2024
Price Decrease
$1,100,000
(-4.35%)
03/13/2024
Listed
$1,150,000
(+253.85%)
08/10/2018
Sold
$325,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$1,112
(+1.77%)
$45,000
Land 45,000
2022
$1,093
(+3.89%)
$45,000
Land 45,000
2021
$1,052
(-90%)
$45,000
Land 45,000
2019
$10,519
(-14.04%)
$366,500
Land 112,800 + Additions 253,700
2017
$12,237
$158,000
Land 25,700 + Additions 132,300
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Mazzola Realty Group
West Monmouth
NJ 9480603

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