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Ocean-Block Multifamily Building
For Sale
$5,588,888

216 Boulevard, Seaside Heights, NJ 08751

Ocean-block multifamily property with 40 units and a large cement pool with lounge, plus a 12-camera security system.

Property SizeContact for details
Days on Market202

Property Features for 216 Boulevard

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Highway Access Yes
Multifamily Units 40

Taxes and HOA fees

Annual Taxes $48,500

Amenities

A/C - Other
3
Tile
Asphalt, Shingle
Parking. Corner Lot.
Off Street, On Street, On Site.
160 x 95
Sidewalks. Corner.
Listing Agency: Seaside Heights Realty Inc.
Listed By: Michael Loundy · License #8435976
Source: Xome
Added: Jan 21 Changed: Aug 7 Last Checked: Aug 11 at 5:02AM

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.

This ocean-block multifamily building offers 40 units, with the majority described as 2-bedroom apartments. The property is reported to be in great condition and includes a large cement pool and lounge area for resident and guest use. Security is supported by a 12-camera security system.

The building is positioned within walking distance to Seaside Heights & Seaside Park beaches, along with restaurants, rides, amusements, and shopping. The property is also described as being in an area with nearby high-end condominium development.

According to the remarks, the property could potentially be separated into individual condos. Survey materials are referenced as available in the documents tab.

Key Highlights

  • Ocean‑block multifamily property with 40 units
  • Large cement pool and lounge area
  • 12‑camera security system

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Dental Office Auto Repair Shop Nail Salon Auto Parts Store Law Firm HVAC Service

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

40
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

505
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Ocean-block multifamily property with 40 units and a large cement pool with lounge, plus a 12-camera security system.
Where is this apartment building located?
The property is located at 216 Boulevard Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $5,588,888.
What are key features of this property?
This property features: Ocean‑block multifamily property with 40 units; Large cement pool and lounge area; 12‑camera security system
More about this property
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