Four-Unit Income
610 Barnegat Avenue Seaside Heights, NJ 08751
610 Barnegat Avenue, Seaside Heights, NJ, 08751
$849,000
For Sale
$849,000
MULTI_FAMILY - Seaside Heights, NJ
Property Size2,310 SF
Lot Size0.05 Acres
Price / SF$367.53
Days on Market141
Property Features for 610 Barnegat Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1
- Parking features
- Off Street, On Street
- Patio and Porch features
- Deck
- Interior features
- Attic, Attic - Pull Down Strs, Locked Storage
- Exterior features
- Deck, Lighting
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 27-00031-0000-00001-02
- Size
- 2,310 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9133
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile - Ceramic
- Building materials
- Stucco
- Roof type
- Shingle
- Additional Structures
- Storage
Listing Agency
Seaside Heights Realty Inc.
(732) 793-5200
1220 Boulevard, Seaside Heights, NJ
Listed by
Michael Loundy · License #8435976
(732) 793-5200
Added: Feb 27 Checked: Jul 18 at 2:06 pm
MLS# 22605078
Listing URL
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This super clean four-family is set up as a straightforward income property with a mix of one-bedroom and studio units. Each unit is separately metered for gas and electric, and there are coin-op washer and dryer facilities onsite. Current tenants could remain if you choose to keep the property fully operational as an income-producing asset.
The property is located in Seaside Heights within walking distance of the beach, boardwalk, rides, restaurants, and shopping, making it especially appealing for visitors and seasonal demand. It is also about one hour from NYC, with Atlantic City and Philadelphia accessible via the Parkway Exit 82.
For an operator or investor, the layout supports a flexible rental strategy. The marketing information indicates each unit can be rented for approximately $1,500 per week during the summer months, and then for about $1,400 per month for winter-season rentals. With the potential to generate over $100,000 per year in rentals, this could be a strong fit for buyers seeking current cash flow, or for anyone looking to leverage the property for short-term rental income while retaining the option to run it as longer-term units.
The property is located in Seaside Heights within walking distance of the beach, boardwalk, rides, restaurants, and shopping, making it especially appealing for visitors and seasonal demand. It is also about one hour from NYC, with Atlantic City and Philadelphia accessible via the Parkway Exit 82.
For an operator or investor, the layout supports a flexible rental strategy. The marketing information indicates each unit can be rented for approximately $1,500 per week during the summer months, and then for about $1,400 per month for winter-season rentals. With the potential to generate over $100,000 per year in rentals, this could be a strong fit for buyers seeking current cash flow, or for anyone looking to leverage the property for short-term rental income while retaining the option to run it as longer-term units.
Key Highlights
- 4‑family income property with separately metered gas and electric for each unit
- Coin‑op washer and dryer onsite
- Units described as a mix of 1‑bedroom and studio rentals
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.0k | $25.56 |
| − Vacancy | −$3.8k | −$1.65 |
| EGI | $55.2k | $23.91 |
| − OpEx | −$16.6k | −$7.17 |
| NOI | $38.7k | $16.74 |
2,310 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$552.3K
$483.3K – $644.4K
NOI $38,661 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$507.5K
$444.0K – $592.1K
NOI $35,523 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$603.2K
$527.8K – $703.7K
NOI $42,223 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Super clean four-family with coin-op laundry and separately metered utilities, offering strong flexibility for seasonal rentals.
Where is this quadplex located?
The property is located at 610 Barnegat Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 4‑family income property with separately metered gas and electric for each unit; Coin‑op washer and dryer onsite; Units described as a mix of 1‑bedroom and studio rentals
