Condo-Style Coastal Home with
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
(732) 917-7300
4001 Asbury Ave. Suite 1F, Rockaway, NJ
Listed by
Scott Dubeau · License #1755365
(732) 917-7300
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.
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
NOI $25,188 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$330.6K
$289.3K – $385.7K
NOI $23,144 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$393.0K
$343.9K – $458.5K
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
Similar For Sale Nearby
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