Renovated Duplex with
313 Grant Avenue, Seaside Heights, NJ 08751
For Sale
$725,000
Multi-Family, Seaside Heights, NJ
Property Size1,550 SF
Lot Size0.06 Acres
Price / SF$467.74
Days on Market51
Property Features for 313 Grant Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Parking features
Window features
Patio and Porch features
Exterior features
Fencing
Basement
Directions
Subdivision
Standard status
Size
Lot size
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams City Life · Keller Williams Realty
Listed By:
Christopher Piechocki · License #NJ 0233094
(201) 659-8600
Added: Sep 17
Changed: Oct 26
Last Checked: Nov 6 at 8:06PM
MLS# 22629643
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 duplex property includes two detached dwellings on a 0.06-acre lot, with a combined property size of 1,550 square feet. The residences have been renovated and feature vinyl flooring, central air, thermal windows, patios, and a deck. Cedar shake construction, shingle roofing, exterior lighting, and fencing add to the physical improvements. The room count includes five bedrooms and three bathrooms.
Built in 1970, the property is served by public water and public sewer. A carport provides on-site covered parking. Its two-dwelling configuration supports multi-generational living, personal use alongside rental income, or continued use as a residential income property, as described in the listing information.
Built in 1970, the property is served by public water and public sewer. A carport provides on-site covered parking. Its two-dwelling configuration supports multi-generational living, personal use alongside rental income, or continued use as a residential income property, as described in the listing information.
Key Highlights
- Two detached dwellings on a 0.06‑acre lot
- 1,550 square feet with 5 bedrooms and 3 bathrooms
- Renovated interiors with vinyl flooring and central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,941
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,820
$518.8K
Cap Rate 7%
$370,586
$370.6K
Cap Rate 9%
$288,233
$288.2K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$39.6K $25.56/SF
− Vacancy
−$2.6K −$1.65/SF
EGI
$37.1K $23.91/SF
− OpEx
−$11.1K −$7.17/SF
NOI
$25.9K $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%
$518,820
Cap Rate 7%
$370,586
Cap Rate 9%
$288,233
Alternative Uses
Best Use
Multifamily LT 5
$370.6K
$324.3K – $432.4K
NOI $25,941 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$340.5K
$298.0K – $397.3K
NOI $23,836 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$404.7K
$354.2K – $472.2K
NOI $28,332 @ 7.0% cap · market cap 3.91%
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
636
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 - Two detached dwellings offer flexible residential use with outdoor living areas and a carport.
Where is this duplex located?
The property is located at 313 Grant Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two detached dwellings on a 0.06‑acre lot; 1,550 square feet with 5 bedrooms and 3 bathrooms; Renovated interiors with vinyl flooring and central air
