100 Norwood Avenue, Deal, NJ 07723

$4,200,000
Property Type: Commercial Square Footage: 4,774 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $4,200,000 List Date: 6/23/2025 Last Modified: 9/01/2025

Description

Commercial mixed use property, Rare find in sought after Deal, NJ... This unique property includes 100 Norwood Avenue and 116 Phillips Avenue, which is contiguous to each other. 100 Norwood Avenue is comprised of two businesses - a grocery and a bar tavern. 116 Phillips is a well-maintained 3 bedroom 2 bath ranch home with courtyard and finished lower level. The entire property measures approximately 150 x 50. The grocery aka Sarahs Tent has a lease in place thru 9/30/33 and the Bar Room Tavern has a lease thru 3/31/29. Please do not discuss the sale with the proprietors.

More Information MLS# 22518607

Contract Info

Sale: Yes Lease: No List Price/SqFt: 879.77 New Construction: No Status: Active List Date: 2025-06-23 Property Sub-Type: Commercial List Price: $4,200,000 Current Price: $4,200,000

Location

Area/Section: None House Number: 100 Street Name: Norwood Street Suffix: Avenue County: Monmouth Municipality: Deal (DEA) Postal City: Deal State: NJ Zip Code: 07723 Directions: Cedar Ave to Norwood Ave

General Property Info

# Levels: 1 Acreage: 0.17 Lot Dimensions: 50 x 150 Garage: No # Car Garage: 0 Apx SqFt: 4774 Apx Year Built: 1888

Tax and Legal

Asmnt - Total: 0 Taxes: 6458 Tax Year: 2024

Use

Bar/Tavern/Lounge: 1 Restaurant: 1

Electric

110 Volt: 1

Gas

On Site: 1

Water Heater

Natural Gas: 1

Heating

Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Parking

On Street: 1

Assessment Status

Assessed: 1

Property Features

Use: Bar/Tavern/Lounge; Restaurant Heating: Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: 110 Volt Parking: On Street Assessment Status: Assessed
Listing Office: Cathy Ades Real Estate LLC
Listing Agent: Catherine Ades
IDX
Last Updated: September - 01 - 2025
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