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270 16TH Street W

SHIP BOTTOM, NJ 08008
  • $2,650,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • ID#: NJOC2028202
Under Contract
UPDATED: 54 min ago
$2,650,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,785
    SQFT
  • $952
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2023
County:

School Ratings & Info

Description

*** LBI RENTAL INVESTORS *** ABOVE AVERAGE ROI *** TURN-KEY *** Fully furnished, 6 Bed, 3.5 Bath home, designed by Craig W. Brearley and built by Don Ruggieri, completed in June 2023, features 2,791 SF of contemporary reversed living. The upper level features an open concept space with living room and gourmet kitchen that includes top of the line Wolf and Sub-Zero appliances along with quartz countertops. Off the kitchen is a large pantry and half bath. Opposite the living room is a large primary bedroom with an ensuite with separate his and her closets. The mid-level floor has its own primary bedroom and covered walk out deck, two additional bedrooms plus two bunk rooms. The bunk rooms each contain two sets of twin over full bunk beds and this level includes two full baths. The laundry room is also on this level. Additional features include a 3-Stop elevator, rooftop deck and fire pit, two covered porches with ceiling fans, black Anderson 400 windows, CertainTeed Cedar Impressions vinyl siding, heated saltwater pool, outdoor kitchen with custom granite bar, grill and fridge, natural gas fire table, covered outdoor living space, paver patio, outdoor shower, paver driveway & breezeway. Two car garage. Just two blocks from the beach and one block from the bay. $15K Property Taxes. Currently an excellent rental property with an in-season rate of $15,000/week. Approximately $185K to date in 2024 rental income. Remaining 2024 leases: Aug 31-Sept 7, Sept 14-Sept 21, Oct 3-Oct 6, Oct 17-Oct 20 and Nov 21-Nov 24. *** There are presently Seven (7) 2025 Signed Contracts for the following dates: June 7-14, June 28-July 5, July 26-August 2, August 2-9, August 9-16, August 30-September 6, 2025 ***. See VRLBI (LISTING #2871) for live dates and rates. 1031 Exchange.

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©2024 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 Daunno Realty Services, LLC. 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: 2024-10-05T16:52:09.48.
www.daunnorealty.com/homes/154477508
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270 16TH Street W SHIP BOTTOM, NJ 08008

  • Price: $2,650,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 54 min ago
  • ID#: NJOC2028202
6
Beds
3
Baths
1
½ Baths
0.14
Acres
2,785
SQFT
$952
$/SQFT
2023
Built
Neighborhood:
Ship Bottom
County:
Ocean
Area:
Ship Bottom Boro (21529)
Property Description
*** LBI RENTAL INVESTORS *** ABOVE AVERAGE ROI *** TURN-KEY *** Fully furnished, 6 Bed, 3.5 Bath home, designed by Craig W. Brearley and built by Don Ruggieri, completed in June 2023, features 2,791 SF of contemporary reversed living. The upper level features an open concept space with living room and gourmet kitchen that includes top of the line Wolf and Sub-Zero appliances along with quartz countertops. Off the kitchen is a large pantry and half bath. Opposite the living room is a large primary bedroom with an ensuite with separate his and her closets. The mid-level floor has its own primary bedroom and covered walk out deck, two additional bedrooms plus two bunk rooms. The bunk rooms each contain two sets of twin over full bunk beds and this level includes two full baths. The laundry room is also on this level. Additional features include a 3-Stop elevator, rooftop deck and fire pit, two covered porches with ceiling fans, black Anderson 400 windows, CertainTeed Cedar Impressions vinyl siding, heated saltwater pool, outdoor kitchen with custom granite bar, grill and fridge, natural gas fire table, covered outdoor living space, paver patio, outdoor shower, paver driveway & breezeway. Two car garage. Just two blocks from the beach and one block from the bay. $15K Property Taxes. Currently an excellent rental property with an in-season rate of $15,000/week. Approximately $185K to date in 2024 rental income. Remaining 2024 leases: Aug 31-Sept 7, Sept 14-Sept 21, Oct 3-Oct 6, Oct 17-Oct 20 and Nov 21-Nov 24. *** There are presently Seven (7) 2025 Signed Contracts for the following dates: June 7-14, June 28-July 5, July 26-August 2, August 2-9, August 9-16, August 30-September 6, 2025 ***. See VRLBI (LISTING #2871) for live dates and rates. 1031 Exchange.
Exterior Features

Architectural Style Bi-level Construction Materials Aluminum Siding Garage Spaces 2.00 Garage Type Garage Door OpenerBuilt In Garage YN Yes Location Type Bayside Parking Types Attached GarageDriveway Pool Yes - Personal Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2785 Basement YN No Cooling Central A/C Exclusions TBD in Attorney Review Heating Forced Air Heating YN Yes Inclusions Fully Furnished. Levels 3 Main Level Bedrooms 6 Pets Allowed No Pet Restrictions

Property Features

Acceptable Financing CashConventional Accessibility Features Doors - Lever Handle(s) Association YN No Central Air YN Yes Condo YN No Construction Completed YN Yes Cooling Fuel Natural Gas Elevators 1 Federal Flood Zone AE Federal Flood Zone YN Yes Foundation Details Pillar/Post/Pier Heating Fuel Natural Gas Historic YN No Hot Water Instant Hot Water Lease Considered YN No Municipality SHIP BOTTOM BORO Navigable Water YN N New Construction YN Yes Original MLSNumber 803314092672 Ownership Interest Fee Simple Pets Allowed YN Yes Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5700.00 Tax Lot 00016 Vacation Rental YN Yes Water Source Public Zoning R1

Listing courtesy of The Van Dyk Group - Long Beach Island: .


©2024 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 Daunno Realty Services, LLC. 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: 2024-10-05T16:52:09.48.
 
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Daunno Realty Services, LLC
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Clark NJ, 07066