Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Seaside Heights Oceanfront Mixed-Use Property Title is generated by Realmo AI

    1313 Ocean Terrace, Seaside Heights, NJ 08751

    View on Map
    Claim this Listing
    For Sale
    $3,999,900

    COMMERCIAL - Seaside Heights, NJ

    Property size:
    3,600 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $1,111/SF
    Added:
    Mar 19, 2026
    Days on Market:
    59
    Last Refresh:
    May 16 at 2:06 am

    Property Features for 1313 Ocean Terrace

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Parking Lot
    Basement
    Walk-Out Access, Full
    Standard status
    Active
    APN
    27-00057-0000-00004
    Size
    3,600 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    43470

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Ocean Front, Beach Front
    Water front
    1

    Building Details

    Year built
    1940
    Floors in Building
    1

    We can help!

    Listing Contact
    Candace Golembeski

    Listing agent Candace Golembeski License #784074

    Listing office RE/MAX Revolution 1700 Grand Central Avenue, Lavallette, NJ

    Listing date Mar 19, 2026

    MLS# 22607205

    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

    • Oceanfront boardwalk location
    • Multi‑family dwelling with 3 units
    • Restaurant and retail shop with apartments
    • Off‑street parking available
    • Post‑Sandy renovation
    • Large 60 x 160 lot

    Overview

    Located on the north end of the Seaside Heights boardwalk, this property features a 60 x 160 lot. It includes a multi-family, three-unit dwelling on Ocean Terrace, offering approximately 3,600 square feet of space and ample off-street parking. The boardwalk-front building has been utilized as a restaurant and retail shop, with storage and apartments located downstairs. The boardwalk stores measure approximately 30x60, 15x60, and 15x60. There are four apartments underneath, including one storage unit, one efficiency apartment, one hotel room, and one owner-occupied unit. The property was completely renovated from top to bottom after Sandy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seaside Heights
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.0702264
    Latitude
    39.9462944

    Nearby Similar for Sale

    • $399,000

      Store Condo Near Seaside Beach

      Store condo in new construction, one block from the beach.
      421 Ocean Boulevard, Seaside Heights, NJ 08751
      View Details
    • $2,500,000
      9,830 SF

      Upgraded Motel Near Seaside Boardwalk

      Boutique motel near beach, boardwalk, and water park.
      61 Sumner Avenue, Seaside Heights, NJ 08751
      View Details
    • $1,500,000
      7,740 SF

      Seaside Heights Boardwalk Commercial Building

      Commercial building on Seaside Heights Boardwalk with high foot traffic.
      1003 Ocean Terrace, Seaside Heights, NJ 08751
      View Details
    • $849,000
      2,310 SF

      Seaside Heights Income Producing Property

      Four-unit property near beach, boardwalk, and amenities.
      610 Barnegat Avenue, Seaside Heights, NJ 08751
      View Details
    • $2,250,000
      6,094 SF

      Seaside Heights Motel Near Beach

      20-room motel steps from the beach with expansion potential.
      65-69 Hiering Avenue, Seaside Heights, NJ 08751
      View Details
    • $899,999
      1,728 SF

      Seaside Heights Multi-Family Investment

      Multi-family property in Seaside Heights with rental income potential.
      305 Hamilton Avenue, Seaside Heights, NJ 08751
      View Details
    • $875,000
      1,300 SF

      Seaside Heights Multifamily Investment Opportunity

      Two-building compound near the beach, ideal for rentals.
      119 Blaine Avenue, Seaside Heights, NJ 08751
      View Details
    • $1,100,000
      2,608 SF

      Renovated Multifamily Near Boardwalk

      Completely renovated four-family property near the boardwalk and beach.
      32 FRANKLIN Avenue, SEASIDE HEIGHTS, NJ 08751
      View Details
    • $1,500,000
      2,614 SF

      Ocean Block Triplex Investment Property

      Updated triplex near beach, boardwalk, restaurants, and nightlife.
      59 Kearney Avenue, Seaside Heights, NJ 08751
      View Details
    • $785,000
      2,122 SF

      Renovated Two-Family Home Near Beach

      Two-unit property near beach, boardwalk, and amusements.
      115 Blaine Avenue, Seaside Heights, NJ 08751
      View Details
    • $1,750,000
      3,225 SF

      Seaside Heights Commercial Opportunity

      Turnkey restaurant with apartments for sale in Seaside Heights.
      117 Boulevard, Seaside Heights, NJ 08751
      View Details
    • $679,900
      1,596 SF

      Seaside Heights Multifamily Opportunity

      Two-family property with spacious apartments on an oversized lot.
      234 Dupont Avenue, Seaside Heights, NJ 08751
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime boardwalk location with multi-family and commercial potential.
    Where is this mixed-use property located?
    The property is located at 1313 Ocean Terrace Seaside Heights, NJ.
    What is the asking price?
    The asking price for this property is $3,999,900.
    What are key features of this property?
    This property features: Oceanfront boardwalk location; Multi‑family dwelling with 3 units; Restaurant and retail shop with apartments
    (732) 724-9018
    We can help!
    Listing Contact
    Candace Golembeski
    Real Estate License ID: 784074
    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
    1313 Ocean Terrace, Seaside Heights, NJ 08751
    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!