261 New Jersey Ave Downe, NJ 08321

INCREDIBLE opportunity! This property is literally one block off of the Bay in the lovely small fishing town of Fortescue. Use this as your summer getaway, your primary residence year round, or your extremely profitable Short Term Rental (AIRBNB or VRBO). The quaint town of Fortescue is one of the only places left on the Eastern Seaboard where you can buy land this close to a major body of water at this price. To make it even better, Downe Township is set to bring in PUBLIC SEWER to the area so there will be no more septic worries. The fundamentals are here for long-term appreciation! This gorgeous 2 bedroom, 1064 sqft home was once home to the Popeye of Fortescue. This property offers a beautifully remodeled main floor with LVP flooring in the kitchen, new cabinetry, a gas range, stainless steel refrigerator and granite countertops. All of the electrical and plumbing in the first floor as well as structural supports beneath the home have been recently updated (and all permitted!). Past the kitchen you'll find the full bathroom conveniently near the steps upstairs, also recently renovated. The other side of the main floor is made up of a large living room space, again with new flooring paint, vinyl windows, and two propane heaters. This space is perfect for a dining area, for entertaining family or guests, or anything you can dream up -- think game nights listening to the sounds of the bay. The first floor is rounded out by a lovely screened in porch to take in the gorgeous summer nights. Upstairs you will find the first sleeping area to your left before moving through to the first spacious bedroom. Through the bedroom you will walk into another screened in porch, this time with amazing BAY VIEWS. This porch offers access to the second AND POTENTIALLY THIRD bedroom (steps still exist that can lead to this 3rd bedroom area and can be easily uncovered for this use). These rooms need only a little bit of TLC to bring them to their potential. As a short term rental property you could theoretically sleep 5-6 guests in the upstairs with simple renovations. If the main home was not enough value, you will also be getting the lot at 254 Pennsylvania Avenue, directly behind the property and backing up to preserved land, which acts as a uniquely spacious backyard in a town where this is hard to find! Both properties will convey in the sale. Enjoy a flat play or hangout area behind your home after a great day at the beach. The summer months are phenomenal and getting even more popular in Fortescue. Crabbing, fishing, and fine dining with insane views are here for you to enjoy! Whether you are an investor looking for a value add and profitable property, someone looking for a place to enjoy summers without breaking the bank, or someone that simply enjoys the fishing/crabbing/small town lifestyle that Fortescue offers, this property has a role in your life. You do not want to miss this -- you never know when you will get another chance!