Property

Seaside Heights, NJ 08751 127 Carteret Avenue

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Presented By: Michael Loundy, Seaside Heights Realty Inc.
  • MLS# 22329431
  • 10/21/2023
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Home Details

Northend Motel and Apartments. 27 motel rooms plus 5 apartments and 2 bedroom owners unit. Plenty of off street parking spaces and large pool. 2 two bedroom apartments and 3 one bedroom units. Strong Annual income. This unique property could be an amazing investment property with Boutique Hotel AirBnb style option. Could build at least 14 condos on the site. Surrounded by new development. Walk to rides, amusements, shopping, Seasides Beautiful New Boardwalk and Beaches ranked in NJ's top 10. 1 hr from NYC, Philly and AC conveniently located off Pky Exit 82
Presented By: Michael Loundy, Seaside Heights Realty Inc.

Interior Features for 127 Carteret Avenue

Bathrooms

Total Baths

Other Interior Features

BasementCrawl Space, Slab
FlooringConcrete, Tile, See Remarks
Total Fireplaces

General for 127 Carteret Avenue

Additional Parcels Y/NNo
Business NameIncome & Expenses in Docs Tab
Carport Y/NNo
CitySeaside Heights
Construction MaterialsStucco
CountyOcean
Directions32 Units at the Northend of Seaside on the corner of Carteret and Central Ave. 2 Blocks to the beach
Electric440 Volts
Electric On Property Y/NNo
Garage Spaces0.0
Garage Y/NNo
Gross Income510000.0
HeatingSee Remarks
Home Warranty Y/NNo
Interior FeaturesFire Alarm
Leasable Area16450.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet16552.8
MLS AreaSeaside Heights
MLS Area MinorSeaside Heights (SEH)
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal32
Operating Expense257000.0
Property SubTypeCommercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofFlat, Asphalt, A-Frame, Sloping
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount44267.0
Tax Assessed Value0
Tax Year2022
Year Built1970
Zoning DescriptionMulti-Family, Single Family, Professional, Neighborhood, Mixed, Live-in Professional, Central Business

Exterior for 127 Carteret Avenue

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions164.5 x 100
Lot FeaturesSubdividable, Sidewalks, See Remarks, Corner Lot
Lot Size Acres0.38
Lot Size Area0.38
Open Parking Y/NNo
Parking FeaturesOff Street, Lighted, On Site, Paver Block
SpaNo
Water SourcePublic

Additional Details

Price History

Fabiane Farias

Associate
Price $3,299,900
MLS#22329431
List Date 10/21/2023
Property Type Commercial
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