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Multifamily Development Site
For Sale
$11,499,000

45-55 Dupont, Seaside Heights, NJ 08751

Ocean-block site on three parcels with 78 units in three buildings sold as land for redevelopment in Seaside Heights.

Property SizeContact for details
Lot Size0.94 Acres
Days on Market456

Property Features for 45-55 Dupont

General Information

Standard status Active
Lot size 0.94 Acres
Property subtype Land

Additional Details

Multifamily Units 78
Listing Agency: Seaside Heights Realty Inc.
Listed By: Michael Loundy
Source: Actionplusrealty
Added: Jun 4, 2025 Changed: Sep 2 Last Checked: Aug 31 at 8:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Seaside Heights Realty Inc.

Investment Insights

Based on property information with market context.

Development site in Seaside Heights, Ocean Block, consisting of approximately 41,000 square feet across three parcels. The property is presently improved with 78 units contained in three buildings and is being sold as land to be developed.

The seller’s remarks indicate the site may qualify for participation in an Area in Need of Redevelopment Pilot Program, including potential property tax abatements and zoning relief. The property may also qualify for demo grant funds to help prepare the site for new construction.

Planned use is described as a condo, townhome, or single-family development opportunity, with ocean views noted from the property. The location is described as walkable to the beach, rides, boardwalk, restaurants, and shopping, with KHOV development across the street and a new oceanfront beach club with pool, private beach, cabanas, restaurant, and bar described as up the street.

Key Highlights

  • Ocean‑block development site on three parcels in Seaside Heights with ocean views
  • Currently 78 units in 3 buildings, sold as land to be developed
  • Could qualify for the Area in Need of Redevelopment Pilot Program with property tax abatements and zoning relief

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Nail Salon Electrical Service Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

78
Residential units

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

Demographics for 08751, NJ

3,867
Population
5,319
Households
0.7
Avg Household Size
48
Median Age
39%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$75,000
Median Household Income
$52,273
Median Earnings
$1,437
Median Rent
$583,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ocean-block site on three parcels with 78 units in three buildings sold as land for redevelopment in Seaside Heights.
Where is this apartment building located?
The property is located at 45-55 Dupont Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $11,499,000.
What are key features of this property?
This property features: Ocean‑block development site on three parcels in Seaside Heights with ocean views; Currently 78 units in 3 buildings, sold as land to be developed; Could qualify for the Area in Need of Redevelopment Pilot Program with property tax abatements and zoning relief
More about this property
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