$340,045
$325,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
361 OAKSHADE RD Shamong, NJ 08088
6 Beds
3 Baths
2,322 SqFt
Key Details
Sold Price $340,045
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,322 sqft
Price per Sqft $146
Subdivision None Available
MLS Listing ID NJBL2024158
Sold Date 11/07/22
Style Colonial
Bedrooms 6
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,322
Originating Board BRIGHT
Year Built 1991
Annual Tax Amount $8,567
Tax Year 2021
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 0.00 x 0.00
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 – 108 Tuckerton Road – currently nonconforming w/ wetlands but could possibly be used for pineland development credits – 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 – it is already in a residential zone). 2.) Owner Occupied w/ Owner’s Business – live in and operate your business out of the same dwelling (some modifications may be needed as well as township approval – it is in a residential zone w/ currently commercial office space being rented). 3.) Commercial Property – operate your business here (some modifications may be needed as well as township approval depending on business type – 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 – 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.)
Location
State NJ
County Burlington
Area Shamong Twp (20332)
Zoning RG
Rooms
Basement Full, Fully Finished, Interior Access
Main Level Bedrooms 3
Interior
Interior Features Attic, Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Recessed Lighting, Stall Shower, Store/Office, Wood Floors
Hot Water Electric
Heating Zoned, Central
Cooling Central A/C
Heat Source Electric
Exterior
Exterior Feature Deck(s)
Garage Spaces 12.0
Waterfront N
Water Access N
Accessibility None
Porch Deck(s)
Total Parking Spaces 12
Garage N
Building
Lot Description Front Yard, Open, Rear Yard, Road Frontage, SideYard(s), Additional Lot(s)
Story 2
Foundation Block
Sewer On Site Septic
Water Well
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Seneca H.S.
School District Shamong Township Public Schools
Others
Senior Community No
Tax ID 32-00004 01-00006 03
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Mark A Schneider • Schneider Real Estate Agency
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