1041 Highway 36, Atlantic Highlands, NJ 07716

$3,600,000
Property Type: Commercial Square Footage: 31,000 Lot Size (sq. ft.): 174,240 Status: Closed
Current Price: $3,600,000 List Date: 9/03/2020 Last Modified: 2/06/2025

Description

This is a $418k a year cash cow and $305,000 NOI. This income producing property is recession proof and is Sitting on approx 4+ acres two buildings w 31,000' of interior leased space space plus a helipad the property is 98% occupied. New roof lots of upgrades new HVAC, windows, curbing, parking lot to be paved and lined offices, elevator ADA compatible. Owner says SELL SELL SELL! This property is awesome make your appointment today.

More Information MLS# 22031326

Contract Info

Sale: Yes Lease: Yes List Price/SqFt: 124.19 Lease Price: 15 Lease Price Per/SqFt: 0 New Construction: No Status: Closed List Date: 2020-09-01 Property Sub-Type: Mixed Use Sold Price: $3,600,000 Current Price: $3,600,000

Location

Area/Section: None House Number: 1041 Street Name: Highway 36 County: Monmouth Municipality: Atlantic Highlands (ATL) Postal City: Atlantic Highlands State: NJ Zip Code: 07716 Directions: Route 36 to 1041 highway 36

General Property Info

Handicap Access: Yes # Levels: 3 # Elevators: 1 Available SqFt: 31000 Office SqFt: 24000 Acreage: 4 Warehouse SqFt: 7000 Other SqFt: 800 Garage: Yes # Car Garage: 0 # Parking Spaces: 144 Apx SqFt: 31000 Apx Year Built: 1994

Tax and Legal

Asmnt - Total: 0

Income & Expenses

Financials Per: Year

Use

Professional/Office: 1

Electric

60 - 100 AMP: 1 Single Phase: 1

Gas

On Site: 1

Water Heater

Natural Gas: 1

Heating

Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Parking

Assigned: 1 Guest: 1 On Site: 1 Open: 1 Paved: 1 Reserved: 1

Assessment Status

Assessed: 1

Status Change Info

Under Contract Date: 2020-12-07 Sold Date: 2020-12-30 Sold Price: $3,600,000

Property Features

Use: Professional/Office Heating: Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: 60 - 100 AMP; Single Phase Parking: Assigned; Guest; On Site; Open; Paved; Reserved Assessment Status: Assessed
Listing Office: Marquee Real Estate
Listing Agent: Gary R Rosenzweig
IDX
Last Updated: February - 06 - 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.