BEDS4
BATHS2 full
SQUARE FEET1,368
MLS#NJMM2004318
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SCHOOLBRADLEY BEACH ELEMENTARY SCHOOL
Property Description
*OPEN HOUSE RESCHEDULED* FEB. 28TH FROM 11AM-1PM* Investor Opportunity – Approved Expansion | $1.95M ARV AVAILABLE NOW | 411 1/2 Newark Avenue, Bradley Beach, NJ Rare opportunity to acquire a rehab with approved plans and renderings in Bradley Beach (just 3.5 blocks from the beach). This project is NOT a teardown and features an approved rear expansion designed to increase living space while preserving the existing structure. Zoning approvals are in place, with building permits expected within approximately two weeks, eliminating the long wait typically associated with approvals and making this a burden-free opportunity for the next investor. The planned layout includes 3 bedrooms, 2 full bathrooms, 1 powder room, and 1 office. Current living area is approximately 1,368 sq ft, with approved plans expanding the total space to approximately 2,110 sq ft, including a full basement. The proposed design features an open floor plan highlighted by a 72” linear fireplace, a high-end kitchen with pantry, spa-inspired bathrooms, curated tile and stone finishes, premium flooring, and a finished basement option. Outdoor plans include patios, a grilling area, and a pool bar, ideal for modern coastal living. Contractors are on standby, including foundation, framing, plumbing, electrical, and HVAC, allowing construction to begin promptly upon closing. Approved plans support an estimated after-repair value (ARV) of approximately $1,950,000. Property is sold STRICTLY AS-IS, including all plans, approvals, and design materials. Seller is responsible for securing all final permits and paying all applicable municipal fees. Buyer is responsible for completing construction execution in accordance with the approved plans. Upon completion, this home is positioned to be one of the most desirable residences in the neighborhood.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.06 Acres
Stories: 2.0
Taxes: $7,268
Year Built: 1929
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 26
Exterior: Aluminum Siding
Lot Dimensions: 0.06 Acre(S)
Municipality: BRADLEY BEACH BORO
Sewer: Public Sewer
SQFT Above Finished: 1368
SQFT Total Finished: 1368
Structure Type: Detached
Water: Public
Local Schools
School District: BRADLEY BEACH ELEMENTARY SCHOOL
Listed By / Shown By
Listed By
Agency Name: HomeSmart First Advantage Realty
Agency Phone: 8566663000
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,059.97 per month $2,169.93 Principal & Interest $605.67 Property Tax $284.38 Homeowner's InsuranceChange Payment Information
411 1/2 Newark Avenue | MLS# NJMM2004318
This single family home located at 411 1/2 Newark Avenue, Bradley Beach, NJ 07720 is currently listed for sale with an asking price of $975,000. This property was built in 1929 and has 4 bedrooms and 2 full baths with 1368 sq. ft. 1/2 Newark Avenue is located within the BRADLEY BEACH ELEMENTARY SCHOOL school district. Search Bradley Beach real estate on www.realtymark.net today.