28 Cedar St, Bayville, NJ 08721

Property Description

COASTAL INVESTMENT OPPORTUNITY! Located just one block from the open bay, this property offers immediate rental income and outstanding coastal amenities. A cooperative tenant currently pays $3,200/month on a month-to-month basis, providing income while allowing flexibility for future plans. Enjoy access to a private swimming beach through the Chelsea Civic Association and nearby marina with boat docking opportunities. The property also benefits from very low flood insurance—about $650 annually. With approximately 1,500 SF, 3 bedrooms, 2 baths, a 1-car garage, large lot, screened porch and bonus space with wood-burning fireplace, this property offers excellent potential as an investment, second home, or future residence. Bring your vision and capitalize on this desirable coastal location!