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Furnished Triplex with Porches
For Sale
$999,999
Pending

126 K Street, Seaside Park, NJ 08752

Multi-Family, Seaside Park, NJ

Property Size1,722 SF
Lot Size0.11 Acres
Days on Market151

Property Features for 126 K Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 5, Basement, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Patio and Porch features Porch
Interior features Attic
Lot features Bayside
Directions Per GPS use address. 35 to NW Central Ave (south bound), head west on K street.
Subdivision Seaside Park
Standard status Pending
APN 28-00053-0000-00013
Size 1,722 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8330

Utilities

Sewer type Public Sewer
Heating system Baseboard, Zoned
Water source Public

Amenities

screened porches

Building Details

Year built 1950
Floors in Building 2
Number of units 3
Flooring type Linoleum, Vinyl
Roof type Shingle
Listing Agency: Barefoot Real Estate LLC
Listed By: Cheyenne Pearce
Added: May 22 Changed: Oct 8 Last Checked: Oct 19 at 11:06AM
MLS# 22615153

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.

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Investment Insights

Based on property information with market context.

This furnished triplex contains three residential units with a combined six bedrooms and 1,722 square feet of property size. The 0.11-acre parcel measures 50x100 and includes screened porch areas, an attic, basement, vinyl and linoleum flooring, shingle roofing, and baseboard heating with zoned controls. Public water and public sewer serve the property.

Built in 1950, the property is located at 126 K Street in Seaside Park, New Jersey. The setting is bayside and positioned a few blocks from the ocean, with restaurants, shops, and other local attractions nearby. The existing three-unit layout also includes three bathrooms and porch features across the property.

Key Highlights

  • Three‑unit triplex with 6 bedrooms
  • 1,722 square feet on a 0.11‑acre lot
  • 50x100 bayside lot at 126 K Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,820
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,400 $576.4K
Cap Rate 7%
$411,714 $411.7K
Cap Rate 9%
$320,222 $320.2K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$44.0K $25.56/SF
− Vacancy
−$2.8K −$1.65/SF
EGI
$41.2K $23.91/SF
− OpEx
−$12.4K −$7.17/SF
NOI
$28.8K $16.74/SF
Area
Ocean County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,400
Cap Rate 7%
$411,714
Cap Rate 9%
$320,222

Alternative Uses

Best Use
Multifamily LT 5
$411.7K
$360.3K – $480.3K (±1% cap)
NOI $28,820 @ 7.0% cap · market cap 2.88%
Second Best
Apartment 5plus
$378.3K
$331.0K – $441.4K (±1% cap)
NOI $26,481 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$449.6K
$393.4K – $524.6K (±1% cap)
NOI $31,475 @ 7.0% cap · market cap 3.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

Demographics for 08752, NJ

1,961
Population
4,137
Households
0.5
Avg Household Size
61
Median Age
55%
College-Educated
99%
High-School Grad
4.8 sq mi
ZIP Area
409
Density / Sq Mi
$75,865
Median Household Income
$49,150
Median Earnings
$1,402
Median Rent
$779,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units provide six bedrooms, public utilities, and porch space on a bayside lot.
Where is this triplex located?
The property is located at 126 K Street Seaside Park, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Three‑unit triplex with 6 bedrooms; 1,722 square feet on a 0.11‑acre lot; 50x100 bayside lot at 126 K Street
More about this property
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