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$999,999
4 Beds 3 Baths
PRICE IMPROVEMENT! Now offered at $999,999! Stunning all-brick Colonial nestled on a gorgeous acre of property on a quiet cul-de-sac in the highly desirable Todd Road section of North Dover. This timeless 1984-built beauty boasts 4 bedrooms, 2.5 baths, and incredible curb appeal with a dramatic circular driveway, lush manicured grounds, and an attached 3-car garage. Classic architectural details including arched windows, dual chimneys, and a stately brick facade create an unforgettable first impression. Step outside to your own private retreat featuring a sparkling in-ground pool -- perfect for entertaining all summer long. Inside, generous living spaces offer endless possibilities. A rare opportunity to own a piece of one of the area's most sought-after neighborhoods premier location. Step outside to your own private retreat surrounded by nature. The backyard is highlighted by a beautiful, heated in-ground pool with a diving board --ideal for entertaining, relaxing or expanding your outdoor living space. Major improvements including a new roof and updated HVAC provide peace of mind, allowing you to focus on customizing the home to your taste. Located in one of Toms River's most desirable areas, opportunities like this--with space, setting, and potential--rarely come to market. --all while being conveniently located near shopping, dining, parks, and major roadways. Year built is 1984 per seller's deed. Gas is run to the home for ease of conversion!

1612 Otter Drive, Toms River

Listing courtesy of Keller Williams Realty Spring Lake. Contact:

$1,550,000
Mixed-Use Investment Opportunity | Strong In-Place Cash Flow + Value-Add Upside | Point Pleasant Beach Well-positioned mixed-use property in Point Pleasant Beach featuring 2 retail storefronts and 2 residential apartments, fully occupied by long-term, stable tenants with exceptional occupancy history and strong retention. Income Overview Retail Unit 1: $3,100/month (20-year tenant) Retail Unit 2: $3,000/month (10-year tenant) 2BR Apartment: $1,900/month (8-year tenant) 3BR Apartment: $2,600/month (3-year tenant) Annual Gross Income: $127,200 Key Investment Highlights Strong in-place cash flow with minimal historical vacancy All tenants currently month-to-month but seeking long-term lease renewals Clear opportunity to stabilize leases and implement annual rent increases Resi feature electric heat (tenant-paid); commercial units utilize gas heat (tenant-paid) One retail space fully renovated; second retail unit offers solid condition with improvement upside Residential apartments are functional and well-maintained with early-2000s finishes Value-Add Opportunity Immediate lease-up potential through formal long-term lease conversions Built-in rental growth strategy via structured annual increases Approximately 1,000 SF of additional second-floor space currently used as tenant storage at no cost, offering future expansion or conversion potential (subject to approvals) Light cosmetic upgrades and strategic repositioning can further enhance rents and NOI Financial Summary Strong in-place income base Attractive stability from long-term tenancy profile Multiple levers for NOI growth through lease restructuring and space optimization Estimated upside through rent adjustments and optional expansion of usable square footage Investment Profile A rare opportunity to acquire a stabilized mixed-use asset with embedded upside in a high-demand coastal market, suitable for investors seeking: Durable cash flow Low turnover tenancy Lease-driven NOI growth Value-add repositioning potential in a prime shore location

511 Bay Avenue, Point Pleasant Beach

Listing courtesy of Keller Williams Realty Spring Lake. Contact:

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