PROPERTY OFFERING # Ocean Avenue, 1 Center Street, 3 Center Street, Sea Bright, NJ 07760

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PROPERTY OFFERING #21707576 1148-1162 Ocean Avenue, 1 Center Street, 3 Center Street, Sea Bright, NJ 07760 D o w n t o w n AUGUST 2017 S e a B r i g h t

About Downtown Sea Bright Presented by: Laura J. Kelson Realtor Associate Diane Turton, Realtors 8 West River Road, Rumson, NJ 07760 Mobile 732-939-3424 LKelson@DianeTurton.com Founded in 1889, the town of Sea Bright is known for its lovely shorelines, with distinctive Shrewsbury River & Atlantic Ocean views. Locals know Sea Bright s beach as one of the jewels of the Jersey Shore. The neighboring towns of Sea Bright include Rumson, Little Silver, Fair Haven, Red Bank, Middletown, the Highlands, Monmouth Beach, and Long Branch. Visitors arrive from throughout New Jersey and New York. The Sea Bright coastline is graced with more member beach clubs than any other coastal NJ town, and the Municipal Beach is located across the street from this landmark Sea Bright offering. Full-service Marinas throughout Sea Bright offer boat slips in many sizes. A High Speed Ferry to Manhattan is nearby. Downtown Sea Bright is a New Jersey Shore destination for great restaurants, retail shopping, and its many beaches. Wonderful downtown living includes luxury apartments at newly developed three-level Residences at Rooney Plaza, and Single Family Homes throughout the heart of Downtown. The Downtown Business District is anchored by this two-level +/-15,066 Sq. Ft. building for sale at the signalized intersection of Ocean Ave/Hwy 36 & Center Street. The 4-parcel property for sale also includes 2 vacant lots on Center St.

Contact Laura J. Kelson Mobile 732-939-3424 4-PARCEL MIXED-USE PROPERTY: 1148-1162 Ocean Avenue/State Hwy #36 1 and 3 Center St. (2 vacant residential lots, adjoining the B-1 commercial property) Price Reduced: $2,500,000.00 Total Building Area: +/- 15,066 Sq. Ft. Ground Floor: +/- 11,754 Sq. Ft. Includes retail area, storage and receiving rooms. 2nd Floor: +/- 3,312 Sq. Ft. Unfinished space includes Compressor room, two lavatories. 2nd Floor added in year 1963. Building Description: Monolithic concrete slab Foundation Concrete block exterior walls Structural steel load bearing beams and trusses Built up asphalt roof covering Interior Finishes: Asphalt composition tile floor covering; Gypsun board and/or bare block walls. Suspended acoustical tile ceiling and Trade Fixtures are property of Tenant The commercial building, 1148-1162 Ocean Avenue, is the prime Downtown, Free Standing Building corner location with +/- 22 Dedicated Parking spaces on busy State Hwy 36. The adjacent residential lots are at 1 and 3 Center Street. Zoning Map Sea Bright, NJ 07760 Mechanical Systems: Gas fired forced warm and cold air HVAC system Cold air HVAC system Three phase electrical service with an estimated 1,000 amp capacity Fully sprinklered building The information herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Terms and conditions are subject to change without prior notice. Subject to errors and omissions. As we are representing the owner(s) of this offering, we ask that you do not enter the property without us and that you do not discuss the offering with tenants.

For More Information, contact: Laura J. Kelson, Realtor Associate Mobile 732-939-3424 4-Parcel Mixed Use Property 2016 Real Estate Assessment: Total 2016 Real Estate Taxes: $28,223.25 Block 10. Lot 1: Building 1160 Ocean Ave. 2016 Total Tax: $22,733.10 Land Dimensions: 140x75 Land $ 674,000 Improvements $1,068,000 TOTAL $1,742,000 Center St. Block 8. Lot 1: Parking 1162 Ocean Ave. 2016 Total Tax: $3,498.71 Land Dimensions: 200x37 Land $ 258,900 Improvements $ 9,200 TOTAL $ 268,100 Block 10. Lot 2: 1 Center St. 2016 Total Tax: $ 995.72 Land Dimensions: 25x72 Land Improvements $ 76,300 Block 10. Lot 3: 3 Center St. 2016 Total Tax: $ 995.72 Land Dimensions: 25x72 Land Improvements $76,300

For more information, contact: Laura J. Kelson Realtor Associate Diane Turton, Realtors 8 West River Road, Rumson, NJ 07760 MOBILE 732-939-3424 EMAIL LKelson@DianeTurton.com Location information Seastreak Ferry 45 minutes to Downtown, Manhattan To Seastreak Terminal Ferry transportation, and Sandy Hook beaches. https:// seastreak.com/njnyc-commute-byferry/ To Seastreak Ferry to Downtown Manhattan 1160 Ocean Ave Hwy #36 To Red Bank Garden State Parkway Exit #109, to North Jersey, & New York. State Hwy #36/Ocean Ave. south to Monmouth Beach, Long Branch (Ocean Blvd.), Deal (Ocean Avenue), Allenhurst (Ocean Avenue), Asbury Park (Main St/ Rte 71) and Jersey Shore points south.