1201 Boulevard, Seaside Heights, NJ 08751

$2,000,000

Property Type: Commercial Square Footage: 19,188 Lot Size (sq. ft.): 11,326 Status: Closed

Current Price: $2,000,000 List Date: 10/04/2023 Last Modified: 2/15/2025

Overview

Description

21 Unit Hotel plus Mgrs Suite. Includes 10 Suites, 3 Family Suites, 3 Doubles, 4 Private Balconys, one 2 Bedroom Apartment, Pool & Lounge area. One Block to the Beach. Off Street Parking. Prestigeous North End, walk to rides, amusements, shopping, beach, restaurants. State of the Art Security Camera System. Includes new tenant operated restaurant onsite. Huge potential upside to the income to be run as upscale online Airbnb Style Boutique Property. Over a dozen local motels recently torn down creating a huge demand for seasonal rentals. These opportunities don't come along very often. Jump in on the massive redevelopment taking place in Seaside Heights. Great opportunity to be a Flag/Franchise or Airbnb Style Property 1 Hr to NYC, Philly & AC of PKy Exit 82. Qualified buyers only.

Listing Details MLS# 22327606

Contract Info

Property Sub-Type: Commercial
Sale: Yes
Lease: No
List Price/SqFt: 119.86

Location

House Number: 1201
Street Name: Boulevard
County: Ocean
Municipality: Seaside Heights (SEH)
Postal City: Seaside Heights
State: NJ
Zip Code: 08751
Area/Section: Seaside Heights
Directions: 1 Block to the beach and boardwalk, corner of Fremont and the Blvd. Great opportunity for new Franchise/Flag or Boutique Airbnb Style Hotel
Business District: Yes

General Property Info

# Levels: 3
Apx SqFt: 19188
Apx Year Built: 1985
Garage: No
Acreage: 0.26
Lot Dimensions: 120 x 95
# Car Garage: 0

Tax and Legal

Asmnt - Total: 1278300
Taxes: 33402
Tax Year: 2022

Status Change Info

Under Contract Date: 2024-02-28
Sold Date: 2024-12-04

Income & Expenses

# Rental Units: 21

More Information

Use

Apartments: Yes
Hotel/Motel: Yes
Restaurant: Yes

Zoning

Central Business: Yes
Commercial: Yes
Live-in Professional: Yes
Multi-Use: Yes
Neighborhood: Yes

Lot Description

Corner Lot: Yes
Oceanside: Yes

Electric

440 Volts: Yes

Basement

Crawl Space: Yes

Gas

At Street: Yes

Seat Capacity

25 - 50: Yes

Water Heater

Natural Gas: Yes

Heating

Electric: Yes

Water

Public Water: Yes

Sewer

Public Sewer: Yes

Exterior

Fenced: Yes
Lighting: Yes
Security System: Yes
Sign: Yes

Parking

Off Street: Yes
On Site: Yes
Paved: Yes

Assessment Status

Assessed: Yes

Construction/Siding

Wood: Yes

Roof

Shingle: Yes

Sale Includes

Goodwill: Yes
Inventory: Yes
Phone System: Yes
Signs: Yes

Documents Available

Aerial Photo: Yes

Property Features

Location: Business District; Business District Use: Apartments; Hotel/Motel; Restaurant Basement: Crawl Space Seat Capacity: 25 - 50 Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: At Street Electric: 440 Volts Exterior: Fenced; Lighting; Security System; Sign Parking: Off Street; On Site; Paved Roof: Shingle Sale Includes: Goodwill; Inventory; Phone System; Signs Zoning: Central Business; Commercial; Live-in Professional; Multi-Use; Neighborhood Lot Description: Corner Lot; Oceanside Assessment Status: Assessed Documents Available: Aerial Photo

Listing Office: Seaside Heights Realty Inc.

Listing Agent: Michael Loundy

Last Updated: February - 15 - 2025

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