SEA BRIGHT:A plan will soon be unveiled for one of the borough's oldest buildings.
The owner of the old Sea Bright Public School will be presenting a plan to Sea Bright Planning Board to renovate the existing 3.5-story building into a 12-unit apartment building located at 4 River St.
The developer, River Street Realty, LLC, will be appearing before the board for a public hearing on Jan. 13 at 7:30 p.m. and will be seeking preliminary and final site plan approval as well as use and bulk variances to begin the project.
Parking is proposed within the front yard setback of South Street and River Street.
The school was built in the late 1800s and was used by grades K-6 before it closed in the 1970s.
In 1980, the Sea Bright Board of Education sold the school to Ingol Media Service for $125,000. It was then sold to Fondeur Bridges Properties Inc in 1988 for $600,000 before being sold again in 1995 to Aldo J. Frustacci, who represents River Realty, LLC, for $100,000.
Since the original transaction in 1980, no renovations have been made to the building.
According to current tax records, the total assessed value of the property is $387,800.