Building Details

Year Renovated 2024

Units 1

Listing Agency: KW Commercial Princeton

Listed By: Jerry Tanious · License #nj 9136185

Source: Crexi

Added: Mar 30 Changed: Aug 30 Last Checked: Aug 31 at 6:42AM

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Investment Insights

Based on property information with market context.

This updated short-term rental property combines five bedrooms with a second-floor bonus or flex room and two bathrooms. The interior includes distinctive architectural details, quartz countertops, stainless steel appliances, and an open layout suited to shared living and entertaining. Furniture is included with the sale, providing an existing setup for continued rental operations.

The property also offers ample on-site parking for guest boats or RVs, an operational feature that supports coastal visitors with larger recreational vehicles. Its residential configuration and flexible upper-level space provide multiple areas for sleeping, gathering, or supplemental use.

Key Highlights

• Five‑bedroom layout with second‑floor bonus or flex room
• Two bathrooms and an open interior arrangement
• Quartz countertops and stainless steel appliances

Property Analytics

Property Profile

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Auto Parts Store Furniture & Home Goods

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

1

Residential units

Location Intelligence

Trade Area within ½ mile

602

Businesses Nearby

Explore this area Business Placement

Demographics for 07719, NJ

21,665

Population

10,753

Households

2

Avg Household Size

46

Median Age

53%

College-Educated

96%

High-School Grad

12.7 sq mi

ZIP Area

1,706

Density / Sq Mi

$119,877

Median Household Income

$58,854

Median Earnings

$1,754

Median Rent

$628,700

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?

Short term rental property - Open-concept interior with furnishings and parking suitable for guest boats or RVs.

Where is this short term rental property located?

The property is located at 1805 Margerum Ave Belmar, NJ.

What is the asking price?

The asking price for this property is $999,900.

What are key features of this property?

This property features: Five‑bedroom layout with second‑floor bonus or flex room; Two bathrooms and an open interior arrangement; Quartz countertops and stainless steel appliances