609 11th Avenue, Belmar, NJ 07719

New Listing
$1,000,000
Property Type: Multi-Family Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $1,000,000 List Date: 11/21/2025 Last Modified: 11/21/2025

Description

'DON'T MISS THIS INCREDIBLE MULTI FAMILY INVESTMENT OPPORTUNITY IN BELMAR! All 5 residences are occupied with annual leases expiring in 2026 and all have separate utilities! The main house is a 3 family and there are 2 cottages with 2 bedrooms each in the rear of the property. A large parking lot on the property provides assigned parking spaces for all of the residences. This property generates over $102,000 in gross annual income. Conveniently located near beaches, restaurants, and major transportation. This is an Estate Sale being sold strictly 'As-Is' due diligence is recommended. With some TLC this could be a turnkey income producing asset making it an ideal addition to any investor' s portfolio!

More Information MLS# 22535069

Contract Info

New Construction: No Status: Active List Date: 2025-11-18 List Price: $1,000,000 Current Price: $1,000,000 Property Sub-Type: Five Family

Location

Area/Section: None Elementary School: Belmar Other Elementary: Belmar Middle School: Belmar High School: Manasquan House Number: 609 Street Name: 11th Street Suffix: Avenue County: Monmouth Municipality: Belmar (BEL) Postal City: Belmar State: NJ Zip Code: 07719 Complex/Subdivision: None Directions: 35 South to left on 8th Avenue, Right on Main Street, Left on 11th Avenue.

General Property Info

# Units in Bldg: 5 Waterfront: No # Levels: 1 Waterview: No Fireplace: No Lot Dimensions: 50 x 204 Basement: Yes Garage: No # Acres: 0.15 # Car Garage: 0 # Parking Spaces: 5 Pool: No Apx Year Built: 1932

Tax and Legal

Asmnt - Total: 0 Deed Restricted: No Taxes: 10189 Tax Year: 2025

Unit 1

# Bedrooms: 2 Bedroom Level: 1 # Full Baths: 1 Kitchen Level: 1 Living Room Level: 1 Rent: 2025 Electric Meter: 1 Furnace: 1 Gas Meter: 1 Gas Stove: 1 Refrigerator: 1 Water Heater: 1

Unit 2

# Bedrooms: 2 Bedroom Level: 1 # Full Baths: 1 Kitchen Level: 1 Living Room Level: 1 Rent: 1554 Furnace: 1 Gas Meter: 1 Gas Stove: 1 Refrigerator: 1

Unit 3

# Bedrooms: 2 Bedroom Level: 1 # Full Baths: 1 Kitchen Level: 1 Living Room Level: 1 Rent: 1574 Furnace: 1 Gas Meter: 1 Gas Stove: 1 Refrigerator: 1 Water Heater: 1

Unit 4

# Bedrooms - Unit 4: 2 Bedroom Level: 1 # Full Baths - Unit 4: 1 Kitchen Level: 1 Living Room Level: 1 Rent: 1664 Furnace: 1 Gas Meter: 1 Gas Stove: 1 Refrigerator: 1 Water Heater: 1

Unit 5

# Bedrooms: 2 Bedroom Level: 1 # Full Baths: 1 Kitchen Level: 1 Living Room Level: 1 Rent: 1730 Electric Meter: 1 Furnace: 1 Gas Meter: 1 Gas Stove: 1 Refrigerator: 1

Zoning

Multi-Family: 1 Residential: 1

Showing

Call Agent: 1

Lot Description

Other: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Basement

Partial: 1

Cooling

Multi Units: 1

Water Heater

Natural Gas: 1

Heating

Baseboard: 1 Natural Gas: 1

Parking

Assigned: 1 Off Street: 1 Paved: 1

Garage

None: 1

Assessment Status

Assessed: 1

Siding

Stucco - Cement: 1

Roof

Shingle: 1

Landlord Pays

Garbage Removal: 1 Grounds Care: 1 Sewer: 1 Snow Removal: 1 Water: 1

Tenant Pays

Electricity: 1 Gas: 1 Heat: 1 Hot Water: 1

Property Features

Unit 1: Electric Meter; Furnace; Gas Meter; Gas Stove; Refrigerator; Water Heater Unit 2: Furnace; Gas Meter; Gas Stove; Refrigerator Unit 3: Furnace; Gas Meter; Gas Stove; Refrigerator; Water Heater Unit 4: Furnace; Gas Meter; Gas Stove; Refrigerator; Water Heater Unit 5: Electric Meter; Furnace; Gas Meter; Gas Stove; Refrigerator Basement: Partial Cooling: Multi Units Heating: Baseboard; Natural Gas Water Heater: Natural Gas Siding: Stucco - Cement Roof: Shingle Garage: None Parking: Assigned; Off Street; Paved Zoning: Multi-Family; Residential Lot Description: Other Assessment Status: Assessed Landlord Pays: Garbage Removal; Grounds Care; Sewer; Snow Removal; Water Tenant Pays: Electricity; Gas; Heat; Hot Water Showing: Call Agent
Listing Office: Jamie Pavlis Real Estate, Inc.
Listing Agent: James M Pavlis
IDX
Last Updated: November - 21 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.