Two-Family Beach
223 Sampson Avenue Seaside Heights, NJ 08751
223 Sampson Avenue, Seaside Heights, NJ, 08751
$899,900
For Sale
$899,900
Well-maintained two-family home with enclosed porch, fenced yard, and separate upper-unit entrance and deck.
Property Size2,224 SF
Price / SF$404.63
Days on Market23
Property Features for 223 Sampson Avenue
General Information
- Standard status
- Active
- Size
- 2,224 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1954
Listing agency
Seaside Heights Realty Inc.
(732) 793-5200
Listed by
Kim Valentini · License #9909835
(732) 793-5200
Source
Compass
Added: Jun 29 Updated: Jul 10 at 2:11PM Checked: Jul 21 at 6:20AM
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 property is a classic two-family beach house offered for sale and maintained in turnkey condition. The ground-floor unit is a two-story layout with five bedrooms, a comfortable living room, an enclosed front porch, and a large eat-in kitchen. It also features a fully fenced backyard with a covered patio and a cedar outdoor shower with a dressing room. The second-floor unit is a separate two-bedroom apartment with one full bath, a private entrance, and a large private deck.
Set on a double lot on a quiet residential street, the property is described as only two blocks to the beach. The home also includes plenty of off-street parking, which can support convenient day-to-day access for both units and guests.
For buyers looking for a residential income setup, the two separate units and independent entry for the upper apartment create clear separation of living space. The combination of multiple bedrooms on the lower level and a self-contained second-floor layout can appeal to tenants seeking distinct arrangements within the same property, while outdoor features such as the fenced backyard, covered patio, and private deck add usable space for everyday living.
Set on a double lot on a quiet residential street, the property is described as only two blocks to the beach. The home also includes plenty of off-street parking, which can support convenient day-to-day access for both units and guests.
For buyers looking for a residential income setup, the two separate units and independent entry for the upper apartment create clear separation of living space. The combination of multiple bedrooms on the lower level and a self-contained second-floor layout can appeal to tenants seeking distinct arrangements within the same property, while outdoor features such as the fenced backyard, covered patio, and private deck add usable space for everyday living.
Key Highlights
- Two‑family home built in 1954 on a double lot
- Downstairs 2‑story unit offers 5 bedrooms plus enclosed front porch and large eat‑in kitchen
- Upstairs unit features 2 bedrooms, 1 full bath, private entrance, and a large private deck
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.8k | $25.56 |
| − Vacancy | −$3.7k | −$1.65 |
| EGI | $53.2k | $23.91 |
| − OpEx | −$16.0k | −$7.17 |
| NOI | $37.2k | $16.74 |
2,224 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$531.7K
$465.3K – $620.4K
NOI $37,221 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$488.6K
$427.5K – $570.0K
NOI $34,201 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$580.7K
$508.1K – $677.5K
NOI $40,651 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with enclosed porch, fenced yard, and separate upper-unit entrance and deck.
Where is this duplex located?
The property is located at 223 Sampson Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two‑family home built in 1954 on a double lot; Downstairs 2‑story unit offers 5 bedrooms plus enclosed front porch and large eat‑in kitchen; Upstairs unit features 2 bedrooms, 1 full bath, private entrance, and a large private deck
