Listed By:
ARC Real Estate
Address
64 E Main Street, Freehold, NJ
Price
$ 1,250,000
Property Attributes
  • MLS#NJMM2001960
  • TypeCommercial
  • CountyMONMOUTH
  • CityFreehold
  • AreaFreehold Boro
  • Zip07728
  • Style
  • Year Built1905
  • Taxes$ 33507
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6800
  • Lot Size0.43 Acres
Data Source:
Bright MLS
Property Description

CURRENTLY ZONED COMMERCIAL, NEEDS VARIANCE FOR RESIDENTIAL: Former Sabrina the Teenage Witch House from 90s Sitcom: Immaculately Restored Office Buildings with Vintage Charm in Prime Freehold Boro Location: Embark on an extraordinary opportunity to own two impeccably renovated office buildings seamlessly marrying vintage charm with modern convenience. Nestled on E Main Street, mere moments from the bustling heart of Freehold Boro's business district, this offering presents two move-in ready properties, currently zoned for commercial/office use, complemented by ample parking facilities. Front Building: Encompassing an expansive 4,862 square feet, this structure spans three meticulously finished floors and a spacious attic awaiting your creative vision. Inside, 2 fully equipped kitchens, numerous generously sized offices, and a delightful wraparound front porch await. Four distinct entrance doors ensure effortless access to various office spaces, enhancing efficiency and convenience. The main house boasts 2 full bathrooms, 3 half bathrooms, 2 kitchens, and 7 large offices downstairs. Upstairs, discover 6 large offices and one small office with a sizable walk-in closet that was previously used as a server room. Recently professionally finished for $30,000, the basement features cemented, sealed, and painted walls. Back Building: Nestled at the rear of the property, this building offers approximately 2,000 square feet across two levels. Featuring a functional kitchen, five offices, and two bathrooms, it caters to a diverse range of professional needs. The back house comprises a kitchen, 3 offices downstairs, and upstairs features 2 offices and a large open workplace space area. Currently leased to an accounting firm for $3,400, with the lease set to expire in June 2024. Both buildings have undergone extensive remodeling while preserving the nostalgic allure that Freehold Boro is famed for. Guided by the Freehold historic community, impeccable renovations include new roofing, flooring, plumbing, electrical systems, decking, and hardy boy siding, ensuring a turnkey experience for the prospective owner. The front building, previously leased for $9,750, boasts enchanting period details such as intricate windows, stained glass elements, and the iconic domed turret. Furthermore, this property holds a place in pop culture history, serving as the exterior backdrop for the fictional Spellman Manor in the beloved '90s sitcom, "Sabrina the Teenage Witch." This exceptional offering also provides versatile zoning opportunities. While presently designated for commercial and professional purposes, the property's original residential origins allow for potential conversion to a residential or mixed-use setup. Achieving this transformation necessitates a variance, a process that the zoning department estimates will take approximately three months. Interested parties are encouraged to explore this possibility through the Freehold Township zoning office. Please see the full write-up and video tour with drone and schedule a showing today!

Price History
9/1/2023 Listed $1,400,000
10/25/2023 4% - $1,350,000
1/27/2024 6% - $1,275,000
3/14/2024 2% - $1,250,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Other
Zoning COMMERCIAL
Construction Materials Frame
Year Built 1905
Property SubType Office
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Business Type Other
Accessibility Other
County MONMOUTH
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions East Main across from KC Hall and next to bank
ModificationTimestamp 2024-03-14T10:40:12
City FREEHOLD
Buyer Agent Compensation 2
Zoning Description Commercial; Office; Professional
Total Units 2
MLS Area Freehold Boro (21316)
Lot Size Square Feet 18722.00
Tax Assessed Value 1421600.0
Waterfront Y/N No
Street Name MAIN
Tax Annual Amount 33507.0
Price Per Sq Ft 182.16
Vacation Rental Y/N No
Days on Market 244
Standard Status Active
Year Built Source Assessor
Tax Lot 00005
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 20
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 6862.00
Lot Dimensions 96.00 x 195.00
Lot Size Acres 0.43
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 290100.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 20

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 07728

Price
AVG $750K
$1.25M
Taxes
AVG $14,718
$33,507
Visits
AVG 123
233
Data Provided by Inside Real Estate®
Year Built
AVG 1943
1905
Walkscore
AVG 85
85
Data Provided by Walkscore® not using MLS data

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