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703 Grand Central Avenue, Lavallette, NJ 08735

Ocean County

Key Facts

4,156Sq Ft
1935Year Built
0.11Lot (acres)

Description

Prime Ocean Block location in the heart of Lavallette situated in the B-2 Downtown Business District. Great fit for most Retail, Office or Restaurant uses. Consisting of 4,156 sf with two restrooms making it easy to convert to two units with Twnp approval. The B-2 District allows for a 2nd floor apartment with Twnp approval. Come be a part of this thriving Jersey Shore Community and join Jersey Mikes, Dunkin Donuts and the Crabs Claw

Property Information

Property Type

Commercial Sale

Sub-Type

Retail

Year Built

1935

Living Area

4,156 sq ft

Lot Size

0.11 acres

Lot Dimensions

50 x 100

Days on Market

1

MLS® Listing#

22620887

Property Features

Appliances

Electric Water Heater

Cooling

Central Air

Heating

Forced Air

Parking

On StreetOff Site

Roof

Flat

Utilities

Natural Gas Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$5,973

Tax year 2025

Assessed Value

$589,100

Parcel Number

16-00008-0000-00030

Directions

Grand Central Ave across the street from the old Rite Aide building.

Affordability Calculator

$460,000

Estimated monthly payment

$12,242/mo

Principal $1,840,000 · Est. interest $2,566,964 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lavallette, NJ

$1,000,000
Median Listing Price
47
Median Days on Market
1,712
Median Sq Ft
$982
Median Price / Sq Ft
26
Active Listings
  • This home’s price is 130% above the area median.
  • Its price per sq ft is 44% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Lavallette, NJ.

Location

Map showing the location of 703 Grand Central Avenue, Lavallette, NJ 08735

Points of Interest in Lavallette, NJ

Showing the Lavallette area map.

Nearby Schools

  • Lavallette Elementary School

    Elementary · 0.3 mi away

  • Faith Lutheran Pre School

    School · 0.6 mi away

  • The Ultimate Scholar II

    School · 1.7 mi away

  • Hugh J Boyd Junior Elementary School

    Elementary · 1.9 mi away

  • Seaside Park Elementary School

    Elementary · 3.7 mi away

  • Toms River High School East

    Secondary · 3.9 mi away

  • East Dover Elementary School

    Elementary · 4.3 mi away

  • Silver Bay Elementary School

    Elementary · 4.5 mi away

  • Ring Around the Rosie

    School · 4.6 mi away

  • Island Heights Elementary School

    Elementary · 4.7 mi away

  • Peppermint Tree

    School · 5.0 mi away

  • Ocean Gate School

    Elementary · 5.2 mi away

  • Cedar Grove Elementary School

    Elementary · 5.4 mi away

  • Toms River Intermediate East

    Secondary · 5.5 mi away

  • Washington Street Elementary School

    Elementary · 5.6 mi away

  • Hooper Avenue Elementary School

    Elementary · 5.6 mi away

  • Holy Cross Lutheran Church

    Elementary · 5.6 mi away

  • Osbornville Elementary School

    Elementary · 5.7 mi away

  • H & M Potter School

    Elementary · 5.8 mi away

  • Lake Riviera Middle School

    Secondary · 6.1 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Lavallette

Listing Courtesy: Crossroads Realty, Inc. - 7322444900

Presented by: George J Shenewolf

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MonmouthOceanMLS. MLS® Listing#22620887. © 2026EXIT Realty®. All rights reserved.