55 Terrace Avenue, Toms River, NJ 08753

$4,800,000
Property Type: Commercial Status: Closed
Current Price: $4,800,000 List Date: 5/02/2014 Last Modified: 11/24/2024

Description

24 2Bdrms ($1,050/mo.) & 24 1Bdrms ($950/mo.) Property has been meticulously cared for and continually updated: 2011Parking Lot & Driveway repaving ($230,000); 2006All windows replaced with high efficiency vinyl replacements ($75,000); 2005Installation of high efficiency Weil Mclain Boilers ($80,000). Several sheds and a 5 stall garage. Complex is located on 5.45 acres and may permit additional development. Walking distance to schools, houses of worship, mass transit & downtown Toms River

More Information MLS# 21417120

Contract Info

Sale: Yes Lease: No Status: Closed List Date: 2014-05-02 Property Sub-Type: Multi Family Sold Price: $4,800,000 Current Price: $4,800,000

Location

Area/Section: Village Of T.R. Near Busstop: 1 Near Parkway Access: 1 Res Distr: 1 House Number: 55 Street Name: Terrace Street Suffix: Avenue County: Ocean Municipality: Toms River Twp (TOM) Postal City: Toms River State: NJ Zip Code: 08753 Directions: Dayton Ave to Prince Street or Hooper Ave South to Right on Terrace

General Property Info

# Levels: 0 Garage: Yes # Car Garage: 0

Tax and Legal

Asmnt - Total: 3594700 Taxes: 72685 Tax Year: 2013

Use

Apartments: 1

Lot Description

Landscaped: 1 Level: 1

Floors

Tile: 1 Wood: 1

Electric

Other - See Remarks: 1

Basement

Full: 1 Locked Storage: 1 Walk-Out Access: 1

Gas

On Site: 1

Cooling

Window Unit(s): 1

Water Heater

Natural Gas: 1

Heating

Hot Water: 1 Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Common Elements

Laundry: 1 Resident Manager: 1 Storage: 1

Parking

Assigned: 1 Guest: 1

Construction/Siding

Brick: 1

Roof

Shingle: 1

Fee Includes

Heat: 1 Snow Removal: 1 Water: 1

Status Change Info

Under Contract Date: 2014-09-03 Sold Date: 2015-02-06 Sold Price: $4,800,000

Property Features

Location: Near Busstop; Near Parkway Access; Res Distr; Near Busstop; Near Parkway Access; Res Distr Use: Apartments Floors: Tile; Wood Basement: Full; Locked Storage; Walk-Out Access Cooling: Window Unit(s) Heating: Hot Water; Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Parking: Assigned; Guest Roof: Shingle Lot Description: Landscaped; Level Common Elements: Laundry; Resident Manager; Storage Fee Includes: Heat; Snow Removal; Water
Listing Office: Childers Sotheby's Intl Realty
Listing Agent: Douglas DeVincens
IDX
Last Updated: November - 24 - 2024
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