$5,500,000

116 Phillips Ave Deal, NJ 07723

Estimated payment $30,689/month

Total Views 2,725
3 Beds
1.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Patio
  • Contemporary Architecture
  • Porch
  • Central Air

About This Home

Commercial mixed use property, Rare find in sought after Deal, NJ... This unique property includes 100 Norwood Avenue and 116 Phillips Avenue, which is contiguous to each other. 100 Norwood Avenue is comprised of two businesses - a grocery and a bar tavern. 116 Phillips is a well-maintained 3 bedroom 2 bath ranch home with courtyard and finished lower level. The entire property measures approximately 150 x 50. The grocery aka Sarahs Tent has a lease in place thru 9/30/33 and the Bar Room Tavern has a lease thru 3/31/29. Please do not discuss the sale with the proprietors.

Listing Agent

Cathrine Ades

Cathy Ades Real Estate LLC License #0674797 Listed on: 06/23/2025

Co-Listing Agent

Michael Ades

Cathy Ades Real Estate LLC License #1757492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,915

Parking

  • No Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Deal Elementary And Middle School
  • Hillel High School

Utilities

  • Central Air
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11-00022-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 3471
  • Co List Office Phone: 732-413-0040
  • Subdivision Name: None
  • Architectural Style: Contemporary
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Deal
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Basement Finished: Yes

Exterior Features

  • Roof: Other
  • Waterfront: No
  • Patio And Porch Features: Deck, Porch - Open, Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Deal

Lot Info

  • Parcel #: 11-00022-0000-00001

MLS Schools

  • Elementary School: Deal
  • High School: Hillel High

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,915 $1,512,500 $692,700 $819,800
2023 $6,915 $1,503,200 $676,600 $826,600
2022 $9,136 $1,418,900 $616,000 $802,900
2021 $6,106 $1,405,600 $606,000 $799,600
2020 $6,159 $862,600 $327,400 $535,200
2019 $6,106 $861,200 $327,400 $533,800
2018 $5,857 $844,000 $327,400 $516,600
2017 $8,439 $1,210,700 $701,300 $509,400
2016 $8,048 $1,151,300 $655,500 $495,800
2015 $8,164 $1,141,800 $655,500 $486,300
2014 $7,583 $1,062,100 $624,200 $437,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $5,500,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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See All Homes in Deal

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22518608

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 11-00022-0000-00001

New Jersey Monmouth County Deal 07723

116 Phillips Ave, Deal, NJ

This home is located at 116 Phillips Ave, Deal, NJ 07723 and is currently priced at $5,500,000. 116 Phillips Ave is a home located in Monmouth County with nearby schools including Deal Elementary School, Hope Academy Charter School, and St. Mary of the Assumption School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Cathrine Ades
Listing Agent
Cathrine Ades
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Cathy Ades Real Estate LLC
(732) 860-2705