127 Carteret Avenue Seaside Heights, NJ 8751
Hotel, apartments, and owner's unit near boardwalk and beaches.
Type:Commercial
Lot size:
0.38 Acres- Added:
- Jan 10, 2025
- Days on Market:
- 465
- Last Refresh:
- Apr 5 at 8:21 pm
Property Features for 127 Carteret Avenue
General Information
- Standard status
- Active
- Lot size
- 0.38 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing agent MICHAEL LOUNDY License #8435976
Listing office SEASIDE HEIGHTS REALTY INC. (732) 793-5200
Listing date Jan 10, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of SEASIDE HEIGHTS REALTY INC.
Overview
Hotel and Apartments with Development Potential
The property features 27 motel rooms, five apartments, and a two-bedroom owner's unit. The apartment mix includes two two-bedroom units and three one-bedroom units. A large pool and ample off-street parking are available. The property is located within walking distance of rides, amusements, shopping, and the new boardwalk and beaches of Seaside Heights. The beaches are ranked among the top 10 in New Jersey. The location is approximately one hour from New York City, Philadelphia, and Atlantic City, with convenient access from Parkway Exit 82. The property is surrounded by new development and has the potential to accommodate the construction of at least 14 condos. The property is currently operating as a hotel and apartments with strong annual income. The property presents an opportunity for use as a boutique hotel with an Airbnb-style option.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Seaside Heights
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.0741
- Latitude
- 39.9469
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Hotel, apartments, and owner's unit near boardwalk and beaches.
Where is this hotel located?
The property is located at 127 Carteret Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $3,149,900.
What are key features of this property?
This property features: Strong annual income from existing hotel and apartment operation.; Development potential: Site allows for building at least 14 condos.; Prime location: **Walking distance to boardwalk, beaches, rides, amusements, and shopping.**
