106-120 Boulevard Seaside Heights, NJ $ 5,499,999
106-120 Boulevard
$ 5,499,999
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106-120 Boulevard

Seaside Heights, NJ, 08751
$ 5,499,999
Baths0.0 Sq 35,000

Monthly Estimate*

$ 36,555

106-120 Boulevard, Seaside Heights, NJ 08751 - Image 1
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Studio

Commercial Property for sale in Seaside Heights, NJ

for $5,499,999. This building is 35,000 square feet.

This Ocean Block +/-35,000 parcel is prime to be redeveloped. Perfect mixed use site, in the Borough Re-development Zone AKA has the designation of an ''Area in Need of Redevelopment'' that affords the developer some Zoning Relief. Existing density, height and other requirements could be exceeded as recently approved on a similar property 2 blocks North of here. Developer could get tax abatements for future development and demo money for site prep. Go to docs tab for the survey. Presently a 36 unit Motel with 16 apartments and 20 motel rooms plus 2 managers apts. Walk to beach, boardwalk, rides, restaurants and shopping, Value is in the land for this ocean block parcel. Walk to beach, boardwalk, rides, amusements, restaurants and shopping. 1 Hr from NYC, Philly and AC off Pkwy Exit 82.

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Commercial Pending

Price

$ 5,499,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 66,284

Style

Town/City

Seaside Heights

County/Region

Ocean

MLS | Web ID

22201269

Features
General
Sewer Public Sewer
Garage Spaces 0.0
Stories 2
Property SubType Commercial
Tax Year 2021
Gross Income 650000.0
Waterfront Features Oceanside/Beach Blk
Business Name Offshore Motel
County Ocean
New Construction N
Property Type Commercial Sale
Garage Y/N N
Status Pending
Directions Located Ocean Block between Dupont and Lincoln Aves.
City Seaside Heights
View Y/N N
Zoning Description Multi-Family Single Family Retail Residential Professional Neighborhood Multi-Use Mixed Commercial Central Business
NumberOfUnitsTotal 36
MLS Area Seaside Heights
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Boulevard
Tax Annual Amount 66284.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Seaside Heights (SEH)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 601
Standard Status Pending
Tax Assessed Value 2710300
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Interior
Basement Crawl Space
Total Fireplaces 0
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features On Site
Lot Features Irregular Lot Oceanside Subdividable See Remarks Corner Lot
Water Source Public
Total Parking 50.0
Lot Size Area 0.0
Spa N
Building Area Total 35000.0
Lot Dimensions 200 x IRR 35 000 sq ft
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 106120
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* Excluded Features
List By
Michael Loundy

Listing Agent

Seaside Heights Realty Inc.

Broker

mikeloundy@aol.com

Email

Affordability Calculator

$42,078
Per Month
87%
13%
0%
Monthly Principal & Interest
$36,555
Monthly Property Taxes
$5,524
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2023$5,499,999 Listed Price

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106-120 Boulevard, Seaside Heights, NJ, 08751 is a Commercial Property for sale at $5,499,999 with 35,000 sqft. 106-120 Boulevard is a studio with 0.0 baths. The property's zip code is 08751 which is in Seaside Heights, NJ