1201 Boulevard, Seaside Heights, NJ 08751
COMMERCIAL - Seaside Heights, NJ
- Added:
- Jun 30, 2025
- Days on Market:
- 348
- Last Refresh:
- Jun 12 at 6:06 pm
Property Features for 1201 Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Security features
- Security System
- Exterior features
- Lighting
- Fencing
- Fenced
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 11111111
- Size
- 19,188 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 38784
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 3
- Roof type
- Shingle
Listing agent Michael Loundy License #8435976 (732) 793-5200
Listing office Seaside Heights Realty Inc. 1220 Boulevard, Seaside Heights, NJ (732) 793-5200
Listing date Jun 30, 2025
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
- Approved for 10 New Townhomes, offering significant development potential.
- Prime location: One block to the beach in the prestigious North End, walking distance to attractions.
- Existing 21‑unit hotel with suites, rooms with balconies, and a 2‑bedroom apartment, providing immediate income.
- High income potential as an upscale Airbnb‑style boutique property due to local motel redevelopment and high demand.
- Onsite amenities: Pool, lounge area, and new tenant‑operated restaurant.
- State‑of‑the‑art security camera system for enhanced safety and peace of mind.
Overview
Local Financial Insights For Apartment 5plus
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 | $575.6k | $30.00 |
| − Vacancy | −$39.1k | −$2.04 |
| EGI | $536.5k | $27.96 |
| − OpEx | −$241.4k | −$12.58 |
| NOI | $295.1k | $15.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Seaside Heights
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.073292
- Latitude
- 39.945774
