Skip To Content

1180 Lincoln Court

Elberon, NJ 07740
  • $1,600,000
  • STATUS: Active Under Contract
  • ON SITE: 96 Days
  • MLS #: 22305134
Under Contract
UPDATED: 39 min ago
$1,600,000
  • 9
    BEDS
  • 0.35
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,995
    SQFT
  • $401
    $/SQFT
Type:
Multi-Family
Built:
1880
County:

School Information

Elementary School:
Middle School:
High School:

Description

This is a trophy property for any investor. 5 family house sits on an oversized lot in a highly sought neighborhood. Homes in this neighborhood do not come up very often. Take advantage of this rare opportunity. Buy the investment and when you are ready build your dream home here. If you are a restoration fan this could be restored into the late 19th century single family show piece, it once was. The existing property has a rent roll of $7,850 per month, separated electric, gas and hot water 1 Block to the train, 1/2 mile to the ocean, 1/2 mile to Monmouth University, walk to houses of worship.

Monthly Payment Calculator



© 2023 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2023-06-02T22:20:17.793.
www.sellwithsikora.com/homes/137266010
Print Image

1180 Lincoln Court Elberon, NJ 07740

  • Price: $1,600,000
  • Status: Active Under Contract
  • On Site: 96 Days
  • Updated: 39 min ago
  • MLS #: 22305134
9
Beds
5
Baths
0
½ Baths
0.35
Acres
3,995
SQFT
$401
$/SQFT
1880
Built
County:
Monmouth
Area:
Long Branch (LON)
Elementary School:
Elberon
Middle School:
Long Branch
High School:
Long Branch
Property Description
This is a trophy property for any investor. 5 family house sits on an oversized lot in a highly sought neighborhood. Homes in this neighborhood do not come up very often. Take advantage of this rare opportunity. Buy the investment and when you are ready build your dream home here. If you are a restoration fan this could be restored into the late 19th century single family show piece, it once was. The existing property has a rent roll of $7,850 per month, separated electric, gas and hot water 1 Block to the train, 1/2 mile to the ocean, 1/2 mile to Monmouth University, walk to houses of worship.
Exterior Features

Garage No Lot Dimensions 111 X 139 Parking Spaces 15.00 Pool YN No Water View No Waterfront No

Interior Features

Basement Partial Basement YN Yes Beds Unit1 1 Beds Unit2 1 Beds Unit3 2 Beds Unit4 2 Fireplace Yes Fireplaces 3.00 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Heat AC Other Heat Fuel BaseboardNatural Gas Water Heater Natural GasTank

Property Features

Assessment Land 317800.00 Assessment Status Assessed Assessment Total 694600.00 Deed Restrictions No Excluded Personal Property Of The Tenants Handicap Access No Improvements Assessment 376800.00 Multifamily Type Five Family New Construction No Other Elementary Ethel A. Jacobsen Other High Hillel High Owner Estate Rent Unit1 1350.00 Rent Unit2 1050.00 Rent Unit3 1250.00 Rent Unit4 1250.00 Tax Year 2022 Taxes 12454.00 Water Sewer Public SewerPublic Water

Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Thomas Yaccarino of Atlantic Group Realty: (732) 483-4320.


© 2023 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2023-06-02T22:20:17.793.
 
https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22305134-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22305134-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22305134-2.jpg
Logo
eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042