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    2 Boardwalk, Unit 3A Seaside Heights, NJ 08751

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    For Lease
    Contact for pricing

    COMMERCIAL - Seaside Heights, NJ

    Type:Retail
    Property size:
    12,494 SF
    Lot size:
    5.10 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 25 at 12:06 am

    Property Features for 2 Boardwalk

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    27-00069-0000-00001
    Parking features
    On Street
    Patio and Porch features
    Deck
    Size
    12,494 SF
    Lot size
    5.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Beach Front, Ocean Front
    Water front
    1

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    Gary Weiner

    Keller Williams Shore Properties (732) 797-9001

    Listing agent Gary I Weiner (732) 797-9001

    Listing date Jan 24, 2026

    MLS# 22602225

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Boardwalk Kiosk in Seaside Heights

    Located directly on the boardwalk in Seaside Heights, this kiosk benefits from high foot traffic, situated on the path from a large public parking lot to the main boardwalk amusements and attractions. Its location in front of the Ocean View Restaurant further enhances visibility. The kiosk is suitable for non-competing food or game businesses. It is already equipped with electricity and water, and gas is accessible under the boardwalk. The seasonal lease is available for $35,000 plus utilities. The kiosk features three large roll-down windows, allowing customer service on all three sides. Leasing is now open for the 2026 season.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seaside Heights
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.071065
    Latitude
    39.937628

    Nearby Similar for Lease

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      4,800 SF

      Seaside Heights Retail Opportunity

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      4,300 SF

      Seaside Heights Retail Opportunity

      Retail space in Seaside Heights, high traffic, tourism area.
      6 Route 35, Seaside Heights, NJ 08751
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      Retail Space in Ortley Plaza

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    FAQs

    What type of property is this?
    Storefront property - Prime boardwalk kiosk location with high foot traffic, ready for lease.
    Where is this storefront property located?
    The property is located at 2 Boardwalk, Unit 3A Seaside Heights, NJ.
    What are key features of this property?
    This property features: - Prime boardwalk location with extremely high foot traffic, ideally situated between a large public parking lot and main attractions.; - Situated in front of the New Ocean View Restaurant & Pool/Cabana Club, generating additional customer traffic.; - Kiosk is already equipped with electricity and water; gas is available for hookup.
    (732) 797-9001
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    2 Boardwalk, Unit 3A Seaside Heights, NJ 08751
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    Seaside Heights, NJ 08751
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2 Boardwalk, Unit 3A Seaside Heights, NJ 08751
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    We can help!
    Listing Contact
    Gary Weiner
    (732) 797-9001
    Learn more
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