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    46 Sumner Ave, Unit 5 Seaside Heights, NJ 08751

    Pending
    For Sale
    $1,749,000

    MULTI_FAMILY - Seaside Heights, NJ

    Property size:
    3,000 SF
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 46 Sumner Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 8, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 11, Bathroom 4, Bathroom 5, Bedroom 6, Basement, Bedroom 9, Bedroom 1, Bedroom 4, Bedroom 10, Bathroom 2
    Bedrooms
    11
    Bathrooms
    5
    APN
    111111111
    Basement
    Dirt Floor, Crawl Space
    Size
    3,000 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Number of units
    5

    Seaside Heights Realty Inc. (732) 793-5200

    Listing agent Michael Loundy (732) 793-5200

    Listing date Oct 29, 2025

    MLS# 22525073 Listing URL

    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 Five-Family Property

    This ocean block five-family property in Seaside Heights, New Jersey, is presented as an income-generating opportunity. The front house features three bedrooms and a basement. The property is in excellent condition and includes off-street parking. It is currently operated as an Airbnb-style rental with rentals, management, and cleaning services in place, utilizing AI technology. The property is located within walking distance of beaches, the boardwalk, a new amusement pier and waterpark, amusements, restaurants, and shopping. Its location is approximately one hour from New York City, Atlantic City, and Philadelphia via Parkway Exit 82. Gross rents are projected to exceed $300,000 annually. The property size is approximately 3,000 square feet, situated on a lot with an area of 0 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    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
    Seaside Heights
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.072603
    Latitude
    39.941382

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    FAQs

    What type of property is this?
    Apartment building - Seaside Heights five-family property near beaches, boardwalk, and attractions.
    Where is this apartment building located?
    The property is located at 46 Sumner Ave, Unit 5 Seaside Heights, NJ.
    What is the asking price?
    The asking price for this property is $1,749,000.
    What are key features of this property?
    This property features: - High-income potential: Gross rents projected to exceed $300,000 annually.; - Five-family property operating as a turnkey Airbnb rental business.; - Prime Ocean Block location near beaches, boardwalk, amusement pier, waterpark, restaurants, and shopping.
    (732) 793-5200
    Request Owner's contact information
    46 Sumner Ave, Unit 5 Seaside Heights, 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
    46 Sumner Ave, Unit 5 Seaside Heights, NJ 08751
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