Oceanfront MultiFamily Property In Bradley Beach, NJ Sold For $2.9M

An oceanfront multi-family property with two townhouse-style living spaces and stunning ocean views was sold in Bradley Beach, NJ for $2,900,000. The property, located at 405 Ocean Avenue, offers a total of 4,932 square feet of living space. Each townhouse unit, comprising the multi-family property, features its own unique floor plan and includes two bedrooms and a range of desirable amenities. With its prime location and breathtaking ocean views, this property garnered significant attention in the market.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $2,900,000
• Address: 405 Ocean Avenue
• Market: Bradley Beach
• Units: 2
• Price per Unit: $1,450,000
• Square Footage: 4,932
• Price per Square Foot: $588

The sale of this property was facilitated by two prominent real estate professionals. Kenneth Rickel of Space & Company represented the seller, while Kate Jahns from EXP Realty served as the buyer's representative. Rickel's expertise in showcasing the property's unique features and stunning ocean views helped attract potential buyers. Jahns, leveraging her deep knowledge of the market and extensive network, guided the buyer throughout the purchase process, ensuring a smooth transaction.