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    1120 Boulevard Pelican Island, NJ 08751

    For Sale
    $1,599,000

    MULTI_FAMILY - Seaside Heights, NJ

    Lot size:
    0.09 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 1120 Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
    Bedrooms
    5
    Bathrooms
    3
    APN
    27-00039-0000-00001
    Basement
    Crawl Space
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1955
    Floors in Building
    2
    Number of units
    4

    RE/MAX West Realtors (973) 239-6500

    Listing agent Ray Albanese (973) 239-6500

    Listing date Aug 25, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Seaside Heights Multifamily Opportunity

    This multifamily property is located in Seaside Heights, New Jersey. The property is a four-family building situated three houses from the ocean. The lot size is 0.09 acres.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Realty agency Dental Office Restaurant Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pelican Island
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.072756
    Latitude
    39.945305

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    FAQs

    What type of property is this?
    Quadplex - Four-family property located three houses from the ocean.
    Where is this quadplex located?
    The property is located at 1120 Boulevard Pelican Island, NJ.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: - Ocean Block Location: Enjoy the proximity to the ocean.; - 4-Family Structure: Great investment opportunity with multiple units.; - Year Built 1955: Established property, offering renovation potential.
    (973) 239-6500
    Request Owner's contact information
    1120 Boulevard Pelican Island, NJ 08751
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    Pelican Island, NJ 08751
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1120 Boulevard Pelican Island, NJ 08751
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