$1,000,000

609 11th Ave Belmar, NJ 07719

Estimated payment $6,120/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • 1-Story Property
  • 3-minute walk to Three Acre Park
  • Baseboard Heating

About This Home

'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 Agent

Jamie Pavlis

Jamie Pavlis Real Estate, Inc. License #7818441 Listed on: 11/21/2025

Co-Listing Agent

Deborah Pavlis

Jamie Pavlis Real Estate, Inc. License #1110543

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,189

Year Built

  • Built in 1932

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 204

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Partial Basement
  • Stove

Parking

  • 5 Parking Spaces
  • No Garage
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Furnace
  • Baseboard Heating
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for grounds care, water, snow removal, sewer, garbage removal
  • Assessor Parcel Number 07-00115-0000-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,189

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Five Family
  • ResoLotFeatures: Other
  • Co List Office Mls Id: 490
  • Co List Office Phone: 732-542-2223
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1932
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 204
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Siding Stucco - Cement: Yes
  • General Property Info # Parking Spaces: 5.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Furnace10: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 4 Water Heater4: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 5 Gas Stove9: Yes
  • Unit 5 Furnace9: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Stories: 1
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Stucco

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, None, Assigned
  • Total Parking Spaces: 5.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 204
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00115-0000-00006
  • Zoning Description: Residential, Multi-Family

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Grounds Care, Water, Snow Removal, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10189.0

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Map

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 For Sale $1,000,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22535069

MOREMLS (Monmouth Ocean Regional REALTORS®)