184 State Route 34 Holmdel, NJ 07733
- Commercial real estate
- 9,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 184 State Route 34
- Year built
- 1800
- Property size
- 9,000 SF
- Property type
- Commercial real estate
Description
This exceptional 15-acre Holmdel property presents a unique investment opportunity. The centerpiece is a substantial 9,000 square foot main building, brimming with historical charm, featuring mahogany doors, marble fireplaces, original wood banister, and wide moldings. Previously a 40-bed nursing home, it boasts a large kitchen with a dumbwaiter and offers significant potential for conversion into 9-10 condo units or a 20+ bedroom housing unit. The first floor includes a fully equipped kitchen with fixtures and a sprinkler system, while the second floor features a spacious area suitable for recreation or dining. Also on the property is a 2,500 square foot ranch-style single-family home with five bedrooms, 2.5 bathrooms, and an oversized two-car garage. This residence offers expansion possibilities and could also be incorporated into a condo conversion. Further enhancing the property's versatility are a barn, two separate garage structures, sheds, and other outbuildings. The land itself comprises approximately 13.13 acres of farmland (currently contracted for hay production) assessed at $11,000 with 2023 taxes of $178.97, and approximately 2 acres containing the main building, ranch house, and outbuildings, assessed at $1,016,600 with 2023 taxes of $16,094.28. Buyers are responsible for conducting their own due diligence.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holmdel
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.19626
- Latitude
- 40.35521