116 Phillips Avenue, Deal, NJ 07723
$4,200,000
Property Type:
Residential
Bedrooms:
3
Baths:
1.1
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# 22518608
Contract Info
Sub-Type: Detached
Status: Active
List Date: 2025-06-23
List Price: $4,200,000
Current Price: $4,200,000
Property Sub-Type: Single Family Residence
Location
Area/Section: None
Elementary School: Deal
Other Elementary: Deal
Middle School: Deal
High School: Hillel High
Other High: Ranney School
House Number: 116
Street Name: Phillips
Street Suffix: Avenue
County: Monmouth
Municipality: Deal (DEA)
Postal City: Deal
State: NJ
Zip Code: 07723
Complex/Subdivision: None
Directions: Cedar Ave to Norwood Ave
General Property Info
Waterfront: No
# Levels: 1
Waterview: No
Rooms: 5
Basement: Yes
Garage: No
# Car Garage: 0
HOA: No
Pool: No
Bedrooms: 3
Full Baths: 1
Half Baths: 1
Total Baths: 1.1
Tax and Legal
Asmnt - Total: 0
Style
Contemporary: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Basement
Finished: 1
Cooling
Central Air: 1
Water Heater
Natural Gas: 1
Heating
Baseboard: 1
Exterior
Deck: 1
Patio: 1
Porch - Open: 1
Garage
None: 1
Assessment Status
Assessed: 1
Roof
Other: 1
Property Features
Style: Contemporary
Basement: Finished
Cooling: Central Air
Heating: Baseboard
Water Heater: Natural Gas
Exterior: Deck; Patio; Porch - Open
Garage: None
Roof: Other
Assessment Status: Assessed
Listing Office:
Cathy Ades Real Estate LLC
Listing Agent:
Catherine Ades
Last Updated: September - 01 - 2025
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