100 Norwood Avenue Deal, NJ $ 4,500,000
100 Norwood Avenue
$ 4,500,000
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100 Norwood Avenue

Deal, NJ, 07723
$ 4,500,000
Baths0.0 Sq 4,774

Monthly Estimate*

$ 31,434

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Studio

Commercial Property for sale in Deal, NJ

for $4,500,000. This 4,774 square foot building was built in 1888 on a lot size of 0.17.

COMMERCIAL - MIXED USE PARCEL - RARE FIND IN SOUGHT AFTER DEAL, NEW JERSEY, A GEM ON THE JERSEY SHORE! THIS PACKAGE INCLUDES 100 NORWOOD WHICH HAS SARAHS TENT A KOSHER CATERING, TAKEOUT, GROCERY STORE, PLUS 100-1/2 NORWOOD WHICH HAS THE BAR ROOM, A TAVERN WITH BAR SERVING LUNCH AND DINNER;AND ALSO INCLUDED 116 PHILLIPS AVENUE, WHICH IS OWNER OCCUPIED SINGLE FAMILY ONE STORY HOME COMPRISED OF 3 BEDROOMS 2 BATHROOMS WITH FINISHED BASEMENT. THE ENTIRE PROPERTY MEASURES APPROXIMATELY 150 X 50 . SARAHS TENT HAS LEASE THRU 9/30/2033; BAR ROOM LEASE THRU 3/31/29. PLEASE DO NOT DISCUSS SALE WITH THE PROPRIETORS.

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Commercial Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,173

Style

Lot Size

0.17

Year Built

1888

Town/City

Deal

County/Region

Monmouth

MLS | Web ID

22303623

Features
General
Interior Features Fluorescent Refrigeration
Sewer Public Sewer
Heating Other
Roof Other - See Remarks
Garage Spaces 0.0
Construction Materials Other - See Remarks Stucco
Exclusions TENANTS BELONGINGS
Year Built 1888
Stories 1
Property SubType Mixed Use
Tax Year 2022
Gross Income 84000.0
Business Name SARAH'S TENT THE BAR ROOM
County Monmouth
Insurance Expense 4429.0
New Construction N
Property Type Commercial Sale
Garage Y/N N
Status Active
Directions Ocean Avenue to Phillips head West to southwest corner of Norwood and Phillips Ave.
City Deal
View Y/N N
Zoning Description Residential Mixed Commercial
Total Units 2
MLS Area None
Lot Size Square Feet 7405.2
Carport Y/N N
Street Name Norwood
Tax Annual Amount 8173.0
Home Warranty Y/N N
Water Sewer Expense 4000.0
Lease Renewal Y/N N
MLS Area Minor Deal (DEA)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 441
Standard Status Active
Tax Assessed Value 1418900
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Exterior
Parking Features On Street On Site
Water Source Public
Lot Size Area 0.17
Spa N
Building Area Total 4774.0
Lot Dimensions 50 x 150
Lot Size Acres 0.17
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 100
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* Excluded Features
List By
Grace Marcus

Listing Agent

Sonya Grill Real Estate

Broker

gmarcus10021@yahoo.com

Email

Affordability Calculator

$32,115
Per Month
98%
2%
0%
Monthly Principal & Interest
$31,434
Monthly Property Taxes
$681
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2024$4,500,000 -10.00% Price Down
9/8/2023$5,000,000 -16.67% Price Down
2/9/2023$6,000,000 Listed Price

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100 Norwood Avenue, Deal, NJ, 07723 is a Commercial Property for sale at $4,500,000 with 4,774 sqft and a lot size of 0.17. 100 Norwood Avenue is a studio with 0.0 baths and was built in 1888. The property's zip code is 07723 which is in Deal, NJ