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

Overview

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

Listing Details MLS# 21417120

Contract Info

Property Sub-Type
Multi Family
Sale
Yes
Lease
No

Location

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
Area/Section
Village Of T.R.
Directions
Dayton Ave to Prince Street or Hooper Ave South to Right on Terrace
Near Busstop
Yes
Near Parkway Access
Yes
Res Distr
Yes

General Property Info

Garage
Yes
# Levels
0
# Car Garage
0

Tax and Legal

Asmnt - Total
3594700
Taxes
72685
Tax Year
2013

Status Change Info

Under Contract Date
2014-09-03
Sold Date
2015-02-06

Use

Apartments
Yes

More Information

Lot Description

Landscaped
Yes
Level
Yes

Floors

Tile
Yes
Wood
Yes

Electric

Other - See Remarks
Yes

Basement

Full
Yes
Locked Storage
Yes
Walk-Out Access
Yes

Gas

On Site
Yes

Cooling

Window Unit(s)
Yes

Water Heater

Natural Gas
Yes

Heating

Hot Water
Yes
Natural Gas
Yes

Water

Public Water
Yes

Sewer

Public Sewer
Yes

Common Elements

Laundry
Yes
Resident Manager
Yes
Storage
Yes

Parking

Assigned
Yes
Guest
Yes

Construction/Siding

Brick
Yes

Roof

Shingle
Yes

Fee Includes

Heat
Yes
Snow Removal
Yes
Water
Yes

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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