Prime First Avenue Multi-Family. Close to Beach with Dual Street Access off Timber Lane and 1st Ave! Situated close to the sand in one of Manasquan's most sought-after beach neighborhoods, 349 First Avenue offers incredible versatility for investors, landlords, and custom builders alike. GRANDFATHERED TWO-FAMILY INCOME: 2-family home with separate utility meters already in place. Collect strong summer or annual rental income or maintain a private beach get-away in one unit while renting the other to offset your holding costs. CUSTOM BUILD POTENTIAL: Looking to build your dream coastal retreat? This prime 30' x 96' parcel on First Avenue provides the perfect canvas to design an elevated, modern single-family home steps from the ocean, boardwalk, and local beach spots. Properties with dual street access and multi-family rights on First Avenue rarely come to market at this price point. Keep as a cash-flowing beach cottage or plan your future build--the choice is yours.