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Condo-Style Coastal Home with Deck

106 Trinidad Avenue Seaside Heights, NJ 08751

106 Trinidad Avenue, Seaside Heights, NJ, 08751
$569,000
For Sale
$569,000

CONDOS - Seaside Heights, NJ

Property Size1,505 SF
Lot Size0.01 Acres
Price / SF$378.07
Days on Market79

Property Features for 106 Trinidad Avenue

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3
Patio and Porch features
Patio, Deck, Porch
Exterior features
Balcony
Fencing
Fenced
Fireplace
1
Basement
Crawl Space
Standard status
Active
APN
08-01066-0000-00032-0000-C0102
Size
1,505 SF
Lot size
0.01 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9639

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Cooling system
Central Air
Water source
Public

Building Details

Year built
1986
Floors in Building
2
Roof type
Shingle
Architectural style
Other
Listing Agency RE/MAX Select
4001 Asbury Ave. Suite 1F, Rockaway, NJ
Listed by Scott Dubeau · License #1755365
Added: May 1 Checked: Jul 18 at 1:06 pm
MLS# 22612606 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.

Located at 106 Trinidad Avenue in Seaside Heights, this 3-bedroom, 2.5-bath condo offers refined coastal living and an income-oriented setup. The updated kitchen features granite countertops and opens for everyday use and entertaining. The primary suite includes a private bath and balcony, while outdoor space is highlighted by a fenced backyard with a spacious deck and an oversized driveway for added convenience.

Set on Pelican Island, the home is described as about one mile from the Seaside Heights Boardwalk and beautiful beaches. It also sits within a Bayfront community that includes a private clubhouse and beach access.

The listing notes income potential of approximately $35K/year and indicates there is no HOA.

Key Highlights

  • 3‑bedroom, 2.5‑bath home built in 1986 with balcony, deck, patio, and porch
  • Updated kitchen with granite countertops
  • Central air cooling and natural gas baseboard heating

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 $38.5k $25.56
− Vacancy −$2.5k −$1.65
EGI $36.0k $23.91
− OpEx −$10.8k −$7.17
NOI $25.2k $16.74
1,505 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$359.8K
$314.9K – $419.8K (±1% cap)
NOI $25,188 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$330.6K
$289.3K – $385.7K (±1% cap)
NOI $23,144 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$393.0K
$343.9K – $458.5K (±1% cap)
NOI $27,509 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Auto Repair Shop HVAC Service Electrical Service Auto Parts Store Nail Salon Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - 3-bedroom, 2.5-bath condo with an updated granite kitchen, primary suite balcony, and a fenced yard with deck.
Where is this duplex located?
The property is located at 106 Trinidad Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 3‑bedroom, 2.5‑bath home built in 1986 with balcony, deck, patio, and porch; Updated kitchen with granite countertops; Central air cooling and natural gas baseboard heating
Contact an agent
More about this property
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