132 Fair Haven Road, Fair Haven, NJ 07704

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$829,999

bedrooms

bathrooms

square feet

Acreage

0.51

Open Houses

year built

Full Baths

Half Baths

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ALL OFFERS MUST BE IN BY 4/2/25. FINAL AND BEST. AS -IS Prime Investment Opportunity in the Heart of Fair Haven This exceptional half-acre parcel (50' x 443') presents a rare opportunity for savvy investors or developers. Ideally located within walking distance of top-rated schools, popular restaurants, parks, and scenic hiking trails, this property offers a combination of immediate income potential and long-term value. Property Highlights: • Two Income-Producing Homes: Both residences were built in the early 1900s and, while requiring significant renovation, generate impressive rental income. • Main Home: 4 bedrooms, 2 full baths, generating $3,795 per month. • ('cont) Cottage: 1 bedroom, 1 bath, generating $2,495 per month. " Strong Income Potential: Annual rental income exceeds the purchase price, making this an attractive investment with immediate returns. Development Potential: " Zoned for single-family use, the property offers the possibility of new construction, adding substantial value to the parcel. Additional Details: " Homes are being sold as-is, providing the perfect canvas for an investor to renovate, rebuild, or capitalize on the existing income stream. Separate meters for electric, gas and sewer. One meter for water. Sold in AS IS Condition. Don't miss out on this unique opportunity to secure a high-value asset in a desirable location. This property won't last.

Location
Subdivision	-
County	Monmouth
Elementary School	Viola L. Sickles
Middle School	Knollwood
High School	Rumson-Fair Haven

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MLS number: 22508447

Listing agent: Bridget A Bruno

Listing broker: Heritage House Sotheby'S International Realty (732) 615-9898

Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, March 30 2025 at 4:14 p.m. EDT

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