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106-120 Boulevard

Seaside Heights, NJ 08751
  • $5,499,999
  • STATUS: Active
  • ON SITE: 323 Days
  • MLS #: 22201269
UPDATED: 6 min ago
$5,499,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 35,000
    SQFT
  • $157
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

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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© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2022-12-07T21:20:14.123.
www.sellitpat.com/homes/124810662
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106-120 Boulevard Seaside Heights, NJ 08751

  • Price: $5,499,999
  • Status: Active
  • On Site: 323 Days
  • Updated: 6 min ago
  • MLS #: 22201269
0
Beds
0
Baths
0
½ Baths
N/A
Acres
35,000
SQFT
$157
$/SQFT
Neighborhood:
Seaside Heights (SEH)
County:
Ocean
Area:
Seaside Heights (SEH)
Property Description
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.
Exterior Features

Garage No Location Business DistrictNear Parkway AccessOther - See RemarksSubdivision Lot Description Corner LotIrregular LotOceansideSee RemarksSubdividable Lot Dimensions 200 X IRR 35000 Sq Ft Parking Driveway On Site Parking Spaces 50.00 Water Type Oceanside/Beach Blk

Interior Features

Basement Crawl Space Heat Fuel Electric Rental Units 36 Water Heater Natural Gas

Property Features

Assessment Land 1587500.00 Assessment Status Assessed Assessment Total 2710300.00 Business Name Offshore Motel Business Operating Yes Commercial Type Commercial Deed Restrictions No Documents Available Survey Electric1 200 - 400 AMP Farm No Farm Assessed No Franchise No Gas On Site Gross Income 650000.00 Handicap Access No Improvements Assessment 1122800.00 Lease No New Construction No Sale Yes Sale Includes Business NameEquipment/FurnitureGoodwillInventoryMachineryPhone SystemSignsTraining By Owner Sewer Public Sewer Tax Year 2021 Taxes 66284.00 Use ApartmentsHotel/Motel Water Public Water Zoning Central BusinessCommercialCondoMixedMulti-FamilyMulti-UseNeighborhoodOfficeProfessionalResidentialRetailSingle Family

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Michael Loundy of Seaside Heights Realty Inc.: (732) 793-5200.


© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2022-12-07T21:20:14.123.
 
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The MEEHAN Group of RE/MAX New Beginnings Realty
509 Main Street
Toms River NJ, 08753