$5,500,000
For Sale

116 Phillips Avenue

Deal, NJ 07723
3 beds | 1.5 baths | #22518608
Browse 44 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Property SubtypeSingle Family Residence
      • StyleContemporary
      • Sewer InformationPublic Sewer
      • Cooling FeaturesCentral Air
      • High SchoolHillel High
      • Property TypePurchase
      • BasementFinished
      • CountyMonmouth
      • MLS #22518608
      • MLS #22518608
      • Cost5500000
      • Utility SourcePublic
      • RoofOther
      • Elementary SchoolDeal
      • Middle SchoolDeal
      • Bathrooms1.5
      • Cooling1
      • Bedrooms3
      • Full Baths1
      • Half Baths1

Location

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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