703 Grand Central Avenue Lavallette, NJ 08735
COMMERCIAL - Lavallette, NJ
- Added:
- Jul 8, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 13 at 10:06 pm
Property Features for 703 Grand Central Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking features
- On Street, Offsite
- Standard status
- Active
- APN
- 16-00008-0000-00030
- Size
- 4,156 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5973
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Roof type
- Flat
Listing agent George J Shenewolf License #1220879 (732) 244-4900
Listing office Crossroads Realty, Inc. 81 E Water Street Suite 1A, Whiting, NJ (732) 244-4900
Listing date Jul 8, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located on the ocean block in the heart of Lavallette, the property sits within the B-2 Downtown Business District. The B-2 zoning framework also allows for a second-floor apartment with Township approval. Surrounding area tenants cited with the listing include Jersey Mikes, Dunkin Donuts, and the Crabs Claw, reflecting a mixed retail and dining setting.
For buyers, this is a straightforward building with configuration options driven by Township approvals. For operators, the existing restroom setup and the ability to pursue a two-unit plan can support different business formats within the same address, including office or food service concepts. The zoning allowance for a second-floor apartment may also appeal to users looking to explore mixed-use possibilities where permitted by the Township.
Key Highlights
- 4,156 SF space on the prime ocean block in Lavallette within the B‑2 Downtown Business District
- B‑2 District allows a 2nd‑floor apartment with Twnp approval
- Currently includes two restrooms, with potential to convert to two units with Twnp approval