Woodbine, NJ 08270,425 ROUTE 50
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Woodbine, NJ 08270,425 ROUTE 50
Woodbine, NJ 08270,425 ROUTE 50
Woodbine, NJ 08270,425 ROUTE 50
Woodbine, NJ 08270,425 ROUTE 50

$330,000

Est. payment /mo

$365,000

9.6%
Est.Price: ?

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425 ROUTE 50 Woodbine, NJ 08270

1,800 SqFt

SOLD DATE : 01/26/2024

Key Details

Sold Price $330,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $183

MLS Listing ID NJAC2010716

Sold Date 01/26/24

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $5,750

Tax Year 2022

Lot Size 1.494 Acres

Acres 1.49

Lot Dimensions 0.00 x 0.00

Property Description

Welcome to this unique property offering store frontage, an attached apartment, and a detached garage. The apartment currently has a reliable long-term tenant who pays on time with no issues, and the garage has current tenant with no issues. Both providing a stable income stream.
Store Front:
Recently gutted and partially redone
New concrete floors with radiant heat installed (Needs Radiant Manifold)
Two bathrooms framed out and drains installed
Materials for continued construction included in the sale
Brand new commercial doors installed

Apartment:
Attached to the main building
Long-term tenant with a history of timely payments
Two bedrooms, One bathroom, 900 sq ft

Detached Garage:
Tenant currently renting for storage

Ideal for investors seeking a mixed-use property with income potential from both commercial and residential units.
Located in beautiful Corbin City on Route 50. Just 30 minutes outside Ocean City. Located on a very busy Shore route.

Location

State NJ

County Atlantic

Area Corbin City (20106)

Zoning COMMERCIAL

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Concrete

Heat Source Natural Gas

Exterior

Garage Spaces 25.0

Utilities Available Natural Gas Available, Electric Available, Multiple Phone Lines, Water Available, Sewer Available

Water Access N

View Trees/Woods, Street

Roof Type Architectural Shingle

Accessibility 32\"+ wide Doors, No Stairs

Total Parking Spaces 25

Garage N

Building

Sewer Private Septic Tank

Water Private

New Construction N

Schools

School District Upper Township Public Schools

Others

Tax ID 06-00206-00003

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Amanda Taffe • Tealestate LLC
Bought with Amanda Taffe • Tealestate LLC

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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