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Triplex With Detached Two-Unit Building
For Sale
$950,000

183 Cherry Quay Road, Brick, NJ 08723

Legal three-family property with separate utilities, updated bath, vinyl siding, and parking across two dwellings.

Property Size1,259 SF
Price / SF$754.57
Days on Market150

Property Features for 183 Cherry Quay Road

General Information

Standard status Active
Size 1,259 SF
Property subtype Multi-Family / Three Family

Units

Unit Mix 1 x 3BR, 2 x 1BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $8,340

Amenities

Ceramic Tile, Vinyl, See Remarks
1
Slab
5
Tenant is responsible for cable/wifi
3.0
0.0
No
Lighting, Fence

Building Details

Year Built 1965
Buildings 2
Listing Agency: Jersey Property Group Realty
Listed By: Susan Haley Bonner · License #0450665
Source: Compass
Added: Apr 4 Changed: Aug 31 Last Checked: Aug 30 at 4:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jersey Property Group Realty

Investment Insights

Based on property information with market context.

This legal three-family property consists of a three-bedroom Cape-style front residence and a detached rear structure containing two one-bedroom units. The layout provides two separate dwellings, with individual utilities serving the property. The lower rear unit includes an updated bathroom, while vinyl siding and on-site parking add practical operating features.

Roof replacements were completed on the front home in 2022 and the rear building in 2019. Exterior improvements include fencing and lighting. The property is located at 183 Cherry Quay Road in Brick, New Jersey, and is not situated in a flood zone.

Key Highlights

  • Legal three‑family property with two separate dwellings
  • Front residence offers 3 bedrooms in a Cape‑style layout
  • Detached rear building contains two 1‑bedroom units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 08723, NJ

31,272
Population
14,075
Households
2.2
Avg Household Size
45
Median Age
30%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,606
Density / Sq Mi
$103,953
Median Household Income
$54,165
Median Earnings
$1,652
Median Rent
$374,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-family property with separate utilities, updated bath, vinyl siding, and parking across two dwellings.
Where is this triplex located?
The property is located at 183 Cherry Quay Road Brick, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Legal three‑family property with two separate dwellings; Front residence offers 3 bedrooms in a Cape‑style layout; Detached rear building contains two 1‑bedroom units
More about this property
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