Two-Unit Duplex with Fenced
230 Hamilton Avenue, Seaside Heights, NJ 08751
For Sale
$704,999
Multi-Family, Seaside Heights, NJ
Property Size1,884 SF
Lot Size0.05 Acres
Price / SF$374.20
Days on Market94
Property Features for 230 Hamilton Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Basement
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
hardwood floors
abundant natural light
updated kitchen
stainless steel appliances
granite countertops
tile backsplash
backyard access
shared laundry
walk-in storage area
fully fenced patio
storage shed
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Paradise Real Estate Group
Listed By:
Megan Kilmurray
(732) 295-1095
Added: Aug 5
Changed: Oct 31
Last Checked: Nov 6 at 8:06PM
MLS# 22624174
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.
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Investment Insights
Based on property information with market context.
This 1,884-square-foot duplex on a 0.05-acre lot was built in 1930 and contains two residential units. The upper residence has three bedrooms, one full bathroom, hardwood flooring, natural light, recessed lighting, and a remodeled kitchen with stainless steel appliances, granite counters, and a tile backsplash. The lower unit provides two bedrooms, one full bathroom, and a full kitchen with granite countertops. Both units connect to the backyard, while a shared laundry area is positioned beside walk-in storage.
Outdoor improvements include a large fenced patio and storage shed. The property also offers a carport and on-street parking, central air conditioning with zoned cooling, forced-air heat, public water, and public sewer. Its location is three blocks from the beach and two blocks from the bay at 230 Hamilton Avenue in Seaside Heights, New Jersey.
Outdoor improvements include a large fenced patio and storage shed. The property also offers a carport and on-street parking, central air conditioning with zoned cooling, forced-air heat, public water, and public sewer. Its location is three blocks from the beach and two blocks from the bay at 230 Hamilton Avenue in Seaside Heights, New Jersey.
Key Highlights
- 1,884 SF duplex on a 0.05‑acre lot
- Two units: 3 bedrooms/1 bath and 2 bedrooms/1 bath
- Updated upper‑unit kitchen with stainless steel appliances, granite counters, and tile backsplash
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,531
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,620
$630.6K
Cap Rate 7%
$450,443
$450.4K
Cap Rate 9%
$350,344
$350.3K
Market Conditions
NOI Build-Up for 1,884 SF
Gross rent
$48.2K $25.56/SF
− Vacancy
−$3.1K −$1.65/SF
EGI
$45.0K $23.91/SF
− OpEx
−$13.5K −$7.17/SF
NOI
$31.5K $16.74/SF
Area
Ocean County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,620
Cap Rate 7%
$450,443
Cap Rate 9%
$350,344
Alternative Uses
Best Use
Multifamily LT 5
$450.4K
$394.1K – $525.5K
NOI $31,531 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$413.9K
$362.2K – $482.9K
NOI $28,972 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$492.0K
$430.5K – $574.0K
NOI $34,437 @ 7.0% cap · market cap 4.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
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Business Placement
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
$583,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Seaside Heights, NJ
Properties on Market for Duplexes in Seaside Heights
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate units include updated kitchen finishes, backyard access, and shared laundry.
Where is this duplex located?
The property is located at 230 Hamilton Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $704,999.
What are key features of this property?
This property features: 1,884 SF duplex on a 0.05‑acre lot; Two units: 3 bedrooms/1 bath and 2 bedrooms/1 bath; Updated upper‑unit kitchen with stainless steel appliances, granite counters, and tile backsplash
