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361 Oakshade Road

SHAMONG, NJ 08088
  • $350,000
  • STATUS: Active
  • ON SITE: 100 Days
  • ID#: NJBL2024166
Price Reduced
UPDATED: 58 min ago
$350,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:

School Information

High School:

Description

Endless potential with this property offering both residential and commercial opportunities! The 2,322 sq ft home/building sits on one acre (with a neighboring parcel of 5.4 acres also included +GG 108 Tuckerton Road +GG currently nonconforming w/ wetlands but could possibly be used for pineland development credits +GG more research & application needed) close to the intersection of two popular roads, Tuckerton Road and Oakshade Road, in Shamong Township. The many different uses include: 1.) Owner Occupied as a Primary Residence (some modifications may be needed as well as township approval +GG it is already in a residential zone). 2.) Owner Occupied w/ Owner+GGs Business +GG live in and operate your business out of the same dwelling (some modifications may be needed as well as township approval +GG it is in a residential zone w/ currently commercial office space being rented). 3.) Commercial Property +GG operate your business here (some modifications may be needed as well as township approval depending on business type +GG it is currently used for professional office use & zoning officer has stated there should be no approvals needed if continuing to be used as professional office use w/ change of ownership). 4.) Commercial Rental Investment +GG purchase this as an investment opportunity w/ several rental spaces available w/ high income opportunity (this is the current use). The dwelling is currently divided into two separate rental areas with the first floor offering a reception area/waiting room or could be a living room, one larger office or could be a dining room, 3 other offices or could be bedrooms, 1.5 bathrooms & an eat-in kitchen area (would need a stove for residential use). The second floor is currently rented on a month to month basis for $1200/mo (tenants would like to stay) & offers a separate outside entrance (also inside access to lower half), open reception area, 3 offices or bedrooms, kitchenette & a full bathroom. There is also a finished basement that both the second floor and first floor can access or just limit use to one floor. There is a deck, approximately 12 lined parking spots & potential for more parking on the gravel area & the shed (approx. 12x20) can be utilized for separate rental purposes or storage. There are two separate electric meters. The total building was receiving $4100/mo ($2900/mo for 1st floor & $1200/mo for 2nd floor) rental income in the past. Professional office use would be suitable for engineering, architects, accounting, insurance, surveyors, photographer, consulting, attorneys, real estate office, travel agency, financial, computer/tech, medical, dental & more! (Please confirm business use w/ zoning officer.)

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©2022 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-07T14:59:37.917.
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361 Oakshade Road SHAMONG, NJ 08088

  • Price: $350,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 58 min ago
  • ID#: NJBL2024166
0
Beds
0
Baths
0
½ Baths
1
Acres
1991
Built
Neighborhood:
None Available
County:
Burlington
Area:
Shamong Twp (20332)
High School:
Seneca H.S.
School District:
Shamong Township Public Schools
Property Description
Endless potential with this property offering both residential and commercial opportunities! The 2,322 sq ft home/building sits on one acre (with a neighboring parcel of 5.4 acres also included +GG 108 Tuckerton Road +GG currently nonconforming w/ wetlands but could possibly be used for pineland development credits +GG more research & application needed) close to the intersection of two popular roads, Tuckerton Road and Oakshade Road, in Shamong Township. The many different uses include: 1.) Owner Occupied as a Primary Residence (some modifications may be needed as well as township approval +GG it is already in a residential zone). 2.) Owner Occupied w/ Owner+GGs Business +GG live in and operate your business out of the same dwelling (some modifications may be needed as well as township approval +GG it is in a residential zone w/ currently commercial office space being rented). 3.) Commercial Property +GG operate your business here (some modifications may be needed as well as township approval depending on business type +GG it is currently used for professional office use & zoning officer has stated there should be no approvals needed if continuing to be used as professional office use w/ change of ownership). 4.) Commercial Rental Investment +GG purchase this as an investment opportunity w/ several rental spaces available w/ high income opportunity (this is the current use). The dwelling is currently divided into two separate rental areas with the first floor offering a reception area/waiting room or could be a living room, one larger office or could be a dining room, 3 other offices or could be bedrooms, 1.5 bathrooms & an eat-in kitchen area (would need a stove for residential use). The second floor is currently rented on a month to month basis for $1200/mo (tenants would like to stay) & offers a separate outside entrance (also inside access to lower half), open reception area, 3 offices or bedrooms, kitchenette & a full bathroom. There is also a finished basement that both the second floor and first floor can access or just limit use to one floor. There is a deck, approximately 12 lined parking spots & potential for more parking on the gravel area & the shed (approx. 12x20) can be utilized for separate rental purposes or storage. There are two separate electric meters. The total building was receiving $4100/mo ($2900/mo for 1st floor & $1200/mo for 2nd floor) rental income in the past. Professional office use would be suitable for engineering, architects, accounting, insurance, surveyors, photographer, consulting, attorneys, real estate office, travel agency, financial, computer/tech, medical, dental & more! (Please confirm business use w/ zoning officer.)
Exterior Features

Construction Materials Frame Garage YN No Lot Features Additional Lot(S)ClearedFront YardOpenRear YardRoad FrontageSideyard(S) Parking Features Paved Parking Parking Types Off SiteParking Lot Property Condition ExcellentVery Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Heating CentralZoned Heating YN Yes Net Square Feet 2322.00

Property Features

Accessibility Features None Assessment Year 2021 Business Type MedicalProfessional Central Air YN Yes Cooling Fuel Electric Cross Street Tuckerton Road Entry Level 1 Foundation Details Block Heating Fuel Electric Hot Water Electric Municipality Shamong Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801521241736 Ownership Interest Fee Simple Possession Negotiable0-30 Days Cd31-60 Days Cd61-90 Days Cd Property Sub Type Office Sale Type Standard Sewer On Site Septic Tax Annual Amount 8567.00 Tax Assessment Amount 305300.00 Tax Lot 00006 03 Total Actual Rent 49200.00 Vacation Rental YN No Water Source Well Zoning Rg

Listing courtesy of Weichert Realtors-Medford.


©2022 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-07T14:59:37.917.
 
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