609 11th Avenue, Belmar, NJ 07719

$1,203,000

Property Type: Multi-Family Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $1,203,000 List Date: 11/21/2025 Last Modified: 1/15/2026

Overview

Description

'DON'T MISS THIS INCREDIBLE MULTI FAMILY INVESTMENT OPPORTUNITY IN BELMAR! All 5 residences are occupied with annual leases expiring in 2026 and all have separate utilities! The main house is a 3 family and there are 2 cottages with 2 bedrooms each in the rear of the property. A large parking lot on the property provides assigned parking spaces for all of the residences. This property generates over $102,000 in gross annual income. Conveniently located near beaches, restaurants, and major transportation. This is an Estate Sale being sold strictly 'As-Is' due diligence is recommended. With some TLC this could be a turnkey income producing asset making it an ideal addition to any investor' s portfolio!

Listing Details MLS# 22535069

Contract Info

Property Sub-Type: Five Family
New Construction: No

Location

House Number: 609
Street Name: 11th
Street Suffix: Avenue
County: Monmouth
Municipality: Belmar (BEL)
Postal City: Belmar
State: NJ
Zip Code: 07719
Area/Section: None
Complex/Subdivision: None
Elementary School: Belmar
Other Elementary: Belmar
Middle School: Belmar
High School: Manasquan
Directions: 35 South to left on 8th Avenue, Right on Main Street, Left on 11th Avenue.

General Property Info

# Units in Bldg: 5
# Levels: Yes
Apx Year Built: 1932
Fireplace: No
# Acres: 0.15
Lot Dimensions: 50 x 204
# Parking Spaces: 5
Garage: No
Pool: No
Waterfront: No
Waterview: No
Basement: Yes
# Car Garage: 0

Tax and Legal

Deed Restricted: No
Taxes: 10189
Tax Year: 2025
Asmnt - Total: 0

Status Change Info

Under Contract Date: 2025-11-29
Sold Date: 2026-01-15

Unit 1

# Bedrooms: 2
Bedroom Level: Yes
# Full Baths: Yes
Kitchen Level: Yes
Living Room Level: Yes
Rent: 2025
Electric Meter: Yes
Furnace: Yes
Gas Meter: Yes
Gas Stove: Yes
Refrigerator: Yes
Water Heater: Yes

More Information

Unit 2

# Bedrooms: 2
Bedroom Level: Yes
# Full Baths: Yes
Kitchen Level: Yes
Living Room Level: Yes
Rent: 1554
Furnace: Yes
Gas Meter: Yes
Gas Stove: Yes
Refrigerator: Yes

Unit 3

# Bedrooms: 2
Bedroom Level: Yes
# Full Baths: Yes
Kitchen Level: Yes
Living Room Level: Yes
Rent: 1574
Furnace: Yes
Gas Meter: Yes
Gas Stove: Yes
Refrigerator: Yes
Water Heater: Yes

Unit 4

# Bedrooms - Unit 4: 3
Bedroom Level: Yes
# Full Baths - Unit 4: Yes
Kitchen Level: Yes
Living Room Level: Yes
Rent: 1664
Furnace: Yes
Gas Meter: Yes
Gas Stove: Yes
Refrigerator: Yes
Water Heater: Yes

Unit 5

# Bedrooms: 2
Bedroom Level: Yes
# Full Baths: Yes
Kitchen Level: Yes
Living Room Level: Yes
Rent: 1730
Electric Meter: Yes
Furnace: Yes
Gas Meter: Yes
Gas Stove: Yes
Refrigerator: Yes

Zoning

Multi-Family: Yes
Residential: Yes

Showing

Call Agent: Yes

Lot Description

Other: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Basement

Partial: Yes

Cooling

Multi Units: Yes

Water Heater

Natural Gas: Yes

Heating

Baseboard: Yes
Natural Gas: Yes

Parking

Assigned: Yes
Off Street: Yes
Paved: Yes

Garage

None: Yes

Assessment Status

Assessed: Yes

Siding

Stucco - Cement: Yes

Roof

Shingle: Yes

Landlord Pays

Garbage Removal: Yes
Grounds Care: Yes
Sewer: Yes
Snow Removal: Yes
Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Heat: Yes
Hot Water: Yes

Property Features

Unit 1: Electric Meter; Furnace; Gas Meter; Gas Stove; Refrigerator; Water Heater Unit 2: Furnace; Gas Meter; Gas Stove; Refrigerator Unit 3: Furnace; Gas Meter; Gas Stove; Refrigerator; Water Heater Unit 4: Furnace; Gas Meter; Gas Stove; Refrigerator; Water Heater Unit 5: Electric Meter; Furnace; Gas Meter; Gas Stove; Refrigerator Basement: Partial Cooling: Multi Units Heating: Baseboard; Natural Gas Water Heater: Natural Gas Siding: Stucco - Cement Roof: Shingle Garage: None Parking: Assigned; Off Street; Paved Zoning: Multi-Family; Residential Lot Description: Other Assessment Status: Assessed Landlord Pays: Garbage Removal; Grounds Care; Sewer; Snow Removal; Water Tenant Pays: Electricity; Gas; Heat; Hot Water Showing: Call Agent

Listing Office: Jamie Pavlis Real Estate, Inc.

Listing Agent: James M Pavlis

Last Updated: January - 15 - 2026

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.