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Brenda Connolly Of The Connolly Agency Represents Buyer In $2.675M Avon By The Sea Land Sale

Property Image
SOLD
$2,675,000
James Hannam
Brenda Connolly

New Jersey

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Land7,840 SF
Sold 10/10/2024
the dealplayerscompscontact
Property Image
SOLD

Brenda Connolly Of The Connolly Agency Represents Buyer In $2.675M Avon By The Sea Land Sale

26 Lincoln Avenue

See Similar Deals
Land7,840 SF
Sold 10/10/2024
James Hannam
Brenda Connolly
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Land
Price Per Square Foot:$341
Total Square Footage:7,840 SF
Transaction Type:Sale

A 7,840-square-foot lot located at 26 Lincoln Avenue in Avon by the Sea has been sold for a total of $2,675,000. The property features a two-car garage and offers parking for over six vehicles, situated near the boardwalk, beach, and downtown amenities.

Summary of transaction details:

The transaction involved Brenda Connolly representing the buyer through The Connolly Agency, while James Hannam represented the seller through Re/Max Bay Point Realtors. This sale highlights the collaborative efforts of both representatives in facilitating the closing process for the lot on Lincoln Avenue.

Players

James Hannam
Re/Max
James Hannam
1 deal$2.7M volume(732) 513-8658
BROKER
Brenda Connolly
The Connolly Agency
Brenda Connolly
1 deal$2.7M volume(732) 272-7700
BROKER

Details

SOLD
IMAGE: Brenda Connolly & James Hannam DATE: 10/10/2024 ADDRESS: 26 Lincoln Avenue MARKET: Avon by the Sea ASSET TYPE: Land BUYER'S REP: Brenda Connolly (@BrendaConnollyrealtor) - The Connolly Agency (@TheConnollyAgencyRealestate) SELLER'S REP: James Hannam (@James_Hannam_remax) - Re/Max Bay Point Realtors (@REMAXBayPointRealtors) SALE PRICE: $2,675,000 LOT SF: 7,840 ~ PPLSF: $341 NOTE: A 7,840-square-foot lot on the beach block of Lincoln Avenue in Avon by the Sea has been sold for $2,675,000, with Brenda Connolly of The Connolly Agency representing the buyer and James Hannam of Re/Max representing the seller. The property includes a two-car garage and parking for over six vehicles, offering proximity to the boardwalk, beach, and downtown amenities.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$9,503.71
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