About This Home

This 0-bedroom, 0-bathroom commercial at 2337 Route 34 in Manasquan, NJ is listed for $2,000,000 ($324 per sqft). the home offers 6,167 sqft of living space on a 1.29 acres lot.

Key Features

  • 1.29 acre lot
  • 2 stories

Property Details

2 stories
Listing Description

Seize a rare opportunity to develop 18 apartments or condos with an an amendment to the redev plan on a prime lot just minutes from Manasquan Beach, Brielle, Sea Girt, and Point Pleasant Beach. Currently an operating motel it's been rezoned by the town from commercial to high density residential to meet NJ's housing demand.

This lot is a high-value investment. In the 08736 zip code this affluent community, with a $150,523 median household income, $91,786 per capita income, and 73% with Bachelor's degrees, ensures strong buyer appeal. Develop premium condos where the median listing price of 2-3 bedroom condos is $850,000 and overall median listing home price (all prope

rty types) is about $1.3M / ~$464/ft2., and rents for 2-3 bedroom apartments averaging $3500 - $4100/month reflecting a VERY desirable coastal area. Contact us for more information to schedule a tour and to unlock this profitable venture. Contact us for more information to schedule a tour and to unlock this profitable venture.

Monthly Cost Estimate

$10,696/mo

20% down · 6.5% · 30 years

Principal$1,446
Interest$8,667
Insurance$583

Estimates only. Actual payments may vary.

Location

2337 Route 34

Manasquan, NJ 08736

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2337 Route 34 is listed at $2,000,000 ($324/sqft). The estimated monthly payment is $10,696 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.29 acre lot, 2 stories.

This property is listed by Paul G Cook.

PC

Paul G Cook

Agent at Real Broker, LLC- Red Bank

Listed by Real Broker, LLC- Red Bank · Broker phone: 855-653-6723

MLS# 22518815· Source: More MLS· 385 days on PropertySimple

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2337 Route 34, Manasquan, NJ 08736

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