Listed By:
Oceanside Realty - HC
Address
704 Broadway, Barnegat Light, NJ
Price
$ 3,650,000
Property Attributes
  • MLS#NJOC2016894
  • TypeCommercial
  • CountyOCEAN
  • CityBarnegat Light
  • AreaBarnegat Light Boro
  • NeighborhoodBarnegat Light
  • Zip08006
  • StyleRestaurant/Bar,/General Retail
  • Year Built1955
  • Taxes$ 8043
  • Price$ 3,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1408
  • Lot Size0.48 Acres
Data Source:
Bright MLS
Property Description

Prime location in the heart of Barnegat Light! Zoned G--B, this 21,000+ sq ft lot is suitable for new homes, new commercial or a multitude of other uses. Close to ocean and bay, a stone's throw to the Lighthouse and nestled deep in this charming village, the property presents unlimited opportunity and value for the investor. Use this property for new commercial or residential construction, or retain the existing iconic structure for restaurant or other use! Potential for subdivision of up to 4 buildable lots- buyer to complete own due diligence.

Price History
3/8/2023 Listed $3,650,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Wall Unit
Possession Negotiable
Zoning G-B
Construction Materials Aluminum Siding
Exclusions Property and Building only,Business not Included
Year Built 1955
Property SubType Land for Commercial Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar,Other/General Retail,Other
Accessibility Ramp - Main Level
County OCEAN
New Construction No
Property Type Commercial Sale
Subdivision Name BARNEGAT LIGHT
Water Access Y/N No
Status ACTIVE
Directions Long Beach Blvd North,Turns into Central Ave in Barnegat Light,Left on 8th Street
ModificationTimestamp 2024-03-14T01:31:17
City BARNEGAT LIGHT
Buyer Agent Compensation 2
Disclosures Agent Related to Owner
MLS Area Barnegat Light Boro (21502)
Lot Size Square Feet 21000.00
Tax Assessed Value 902800.0
Waterfront Y/N No
Street Name BROADWAY
Tax Annual Amount 8043.0
Price Per Sq Ft 2592.33
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 420
Location Type Business District
Standard Status Active
Year Built Source Estimated
Tax Lot 00004
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Natural Gas
Heating Y/N Yes
Central Air Y/N No

Exterior Features

Water Source Public
Total Parking Spaces 40
Type of Parking Parking Lot
Land Use Code United States
Water View Y/N No
Building Area Total 1408.00
Lot Dimensions 218.00 x 125.00xirr
Lot Size Acres 0.48
Water Body Type Bay
Lot Size Units Square Feet
Lot Size Source Estimated
Total Loading Docks 2
Land Assessed Value 807000.00
Navigable Water Y/N No
Water Oriented Y/N Yes
LotDimensionsSource Estimated
Car Parking Spaces 40

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 08006

Price
AVG $10.58M
$3.65M
Taxes
AVG $19,667
$8,043
Visits
AVG 525
801
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1955
Walkscore
AVG 48
48
Data Provided by Walkscore® not using MLS data

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