151 E Main Street

CLOSED

Income Potential Abounds with this multi-family property, currently in use as a bed and breakfast inn. This property features 7 bedrooms upstairs, each with their own bathroom, ideal for weekly daily or monthly rentals plus the office space next door is income generating,. On the main level, there is an owner’s suite, featuring 2 bedrooms, and living room, bathroom

The impressive grand entry foyer welcomes you, with its grand wooden staircase, and leads you into the grand parlor with high ceilings, beautiful moldings, fireplace. There is a spacious and comfortable dining area, The gourmet kitchen is a chef’s delight, and features lots of cabinets and counter space, a perfect space for the owners to bake their signature pastry treats or serve fabulous multi-course meals. Plus an office or boutique rental space in the front of the building, and a two story professional office space next door, with it’s own separate parking lot, that is currently rented to an attorney. Plus a large detached horse barn, currently used as a garage and workshop, can be converted to more income generating space. Magnificently landscaped grounds, multi-level decking, a gazebo and pond, all surrounded by lush greenery. Ample parking for all guests, and plenty of room for expansion. This property has lots of potential for the savvy buyer/ entrepreneur. There is lots of room for expansion of the guest rooms, and more potential rental space, in addition to the rental income already realized from the two-story professional office building to the left of the inn. Walking distance to everything downtown, including the well known Tuckerton Seaport, with ferry over to Long Beach Island, and the famous Lizzie Rose Music Room, plus local shops and services. A short drive to the white sandy beaches of LBI, and nightlife of Atlantic City. Visit nearby historic Smithville, Historic Batsto Village, the Noyes Art Museum, and many more cultural and interesting attractions Tuckerton is nestled in the pine barrens, a nature lovers paradise, and designated us biosphere reserve, with exquisite and unique species of birds, white cedar bogs, nature at its best! Business and furnishings are not included

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Price:$995,000
Address:151 E Main Street
City:Tuckerton
County:Ocean
State:New Jersey
Zip Code:08087
Subdivision:TUCKERTON BORO
MLS:NJOC2000097
Year Built:1823
Square Feet:8,023
Acres:1.010
Lot Square Feet:1.010 acres
dom:346
taxLot:00027
zoning:SV
country:US
lotSqft:44125
mlsArea:Tuckerton Boro (21533)
hotWater:Electric
saleType:Standard
currentUse:Hotel/Motel
possession:Negotiable
coolingFuel:Electric
heatingFuel:Natural Gas
heatingType:Radiant
sewerSeptic:Public Sewer
waterSource:Public
waterViewYN:no
businessType:Bed and Breakfast
centralAirYN:no
locationType:Downtown
lotSizeUnits:Square Feet
municipality:TUCKERTON BORO
waterfrontYN:no
yearAssessed:2021
zipCodePlus4:2661
buyerAgentKey:121135119092
lotSizeSource:Assessor
typeOfParking:Parking Lot
waterAccessYN:no
buyerFinancing:Cash
buyerOfficeKey:121134574904
buyerAgencyComp:2.5
buyerAgentMlsId:3150496
taxAnnualAmount:15956
waterOrientedYN:no
yearBuiltSource:Assessor
buyerOfficeMlsId:SRMB03
carParkingSpaces:11
potentialTenancy:Multiple
riparianRightsYN:no
taxAssessedValue:614900
taxDataUpdatedYN:no
vacationRentalYN:no
baseoffmarketdate:2022-10-27T00:00:00+00:00
lotSizeDimensions:153.34 x 287.76
newConstructionYN:no
buyerAgencyCompType:% Of Gross
lotDimensionsSource:Assessor
accessibilityFeatures:None
constructionMaterials:Frame
buildingTotalSqftSource:Assessor
listOfficeBrokerOfRecordKey:121135035674
totalGarageAndParkingSpaces:11
buyerOfficeBrokerOfRecordKey:121135035674
automaticallyUpdateTaxValuesYN:yes
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