Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Seaside Park Multi-Family Opportunity Title is generated by Realmo AI

    1105 Boulevard, Seaside Park, NJ 08752

    View on Map
    Claim this Listing
    New
    For Sale
    $949,000

    MULTI_FAMILY - Seaside Park, NJ

    Property size:
    2,459 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $385/SF
    Added:
    May 15, 2026
    Days on Market:
    7
    Last Refresh:
    May 21 at 2:06 pm

    Property Features for 1105 Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bedroom 6, Bathroom 3, Basement, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 1
    Parking
    8
    Basement
    Finished
    Standard status
    Active
    APN
    28-00059-0000-00013
    Size
    2,459 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11347

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1919
    Floors in Building
    1
    Number of units
    3

    We can help!

    Listing Contact
    Michelle J Volpe

    Listing agent Michelle J Volpe

    Listing office Keller Williams Shore Properties 1955 Route 35 N, Toms River, NJ

    Listing date May 15, 2026

    MLS# 22614413 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.

    HighLights

    • Legal 3‑family home in Seaside Park
    • One block to both the beach and the bay
    • Large lot with two houses
    • Front house: two units (2BR/1BA & 3BR/1BA)
    • Back house: 3 bedrooms, 1 bath (gutted)
    • Multi‑unit cooling

    Overview

    This property presents a rare opportunity to acquire a legal three-family home situated in the heart of Seaside Park, New Jersey. Located just one block from both the beach and the bay, the property features a large lot with two houses. The front house contains two units: the first-floor unit includes two bedrooms and one bathroom, while the second-floor unit offers three bedrooms and one bathroom. The back house has three bedrooms and one bathroom and is currently gutted. Encompassing a total area of 2459 square feet on a 0.12-acre lot, this property is suited for investors looking to renovate and maintain it as a rental property. Alternatively, a builder or contractor may find the large lot ideal for constructing a single-family home, potentially with space for a pool. The property is being sold in as-is condition, with the seller not planning to make any repairs or offer credits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Seaside Park
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.07566
    Latitude
    39.931244

    Nearby Similar for Sale

    • $799,900
      2,600 SF

      Mixed-Use Building Near Seaside Park

      Three-unit commercial building near beach, boardwalk, and bay.
      1409-1411 NW Central Avenue, Seaside Park, NJ 08752
      View Details
    • $799,900
      2,600 SF

      Mixed-Use Building Near Beach

      Three-unit commercial building near beach with redevelopment potential.
      1409-1411 NW Central Avenue, Seaside Park, NJ 08752
      View Details
    • $1,799,000
      2,417 SF

      Four-Family Home Near the Beach

      Four-unit property in Seaside Park, near the beach.
      70 K Street, Seaside Park, NJ 08752
      View Details
    • $99,000

      Established Restaurant Franchise Opportunity

      Turnkey Mystic Lobster Roll Company franchise for sale in Seaside Park.
      812 NE Central Avenue, Seaside Park, NJ 08752
      View Details

    FAQs

    What type of property is this?
    Triplex - Legal 3-family home near beach and bay.
    Where is this triplex located?
    The property is located at 1105 Boulevard Seaside Park, NJ.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: Legal 3‑family home in Seaside Park; One block to both the beach and the bay; Large lot with two houses
    (732) 830-1292
    We can help!
    Listing Contact
    Michelle J Volpe
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1105 Boulevard, Seaside Park, NJ 08752
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!