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    1402 Boulevard Pelican Island, NJ 08751

    For Sale
    $1,899,900

    COMMERCIAL - Seaside Heights, NJ

    Property size:
    9,300 SF
    Lot size:
    0.17 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 1402 Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    APN
    111111111111
    Parking
    15
    Parking features
    Off Street
    Basement
    Crawl Space
    Size
    9,300 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front
    1

    Building Details

    Floors in Building
    3
    Flooring type
    Vinyl, Tile
    Roof type
    Shingle

    Seaside Heights Realty Inc. (732) 793-5200

    Listing agent Michael Loundy (732) 793-5200

    Listing date Oct 17, 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

    Ocean Block Motel with Pool

    This ocean block property features a 21-unit motel with a pool. Off-street parking is available. The property is located within walking distance of the boardwalk, rides, shopping, amusements, restaurants, and the Seaside Heights beaches. The property is surrounded by value and new construction. Redevelopment is taking place in Seaside Heights. The property may be suitable as a condo site for up to 10 units. The property is conveniently located off Parkway Exit 82, approximately one hour from New York City, Atlantic City, and Philadelphia. The motel has a property size of 9,300 square feet and is situated on a lot of 0.17 acres.
    Location Intelligence

    Current Use by Public Records

    Welcome - Seaside Heights ... Real Estate Rental Agency Hammock Inn & Suites ... Hotel

    Suggested Use

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

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

    Similar Places Nearby

    Shore Beach houses, Glendale Motel, Franklin Terrace Motel, Dry Dock Motel, Nadya Marzh

    Location Insight

    • Map
    • Local Demand
    City
    Pelican Island
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.072438
    Latitude
    39.94697

    Nearby Similar for Sale

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      Renovated Multi-Family Near Seaside Beach

      Turn-key, income-generating 3-family property near the boardwalk and beaches.
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    • $1,750,000
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      Seaside Heights Commercial Restaurant Opportunity

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      Seaside Heights Multifamily Opportunity

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    FAQs

    What type of property is this?
    Motel - 21-unit motel with pool near boardwalk and beach.
    Where is this motel located?
    The property is located at 1402 Boulevard Pelican Island, NJ.
    What is the asking price?
    The asking price for this property is $1,899,900.
    What are key features of this property?
    This property features: - Ocean block location with pool.; - Redevelopment opportunity: Possible condo site for up to 10 units.; - Priced to move.
    (732) 793-5200
    Request Owner's contact information
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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
    1402 Boulevard Pelican Island, NJ 08751
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