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Recently Renovated Beach Block 4-Plex
For Sale
$960,000

51 Franklin Avenue, Seaside Heights, NJ 08751

Four-family property recently renovated and positioned beach-block for seasonal and year-round rental demand.

Property Size1,557 SF
Price / SF$616.57
Days on Market354

Property Features for 51 Franklin Avenue

General Information

Standard status Active
Size 1,557 SF
Property subtype Multi-family

Building Details

Year Built 1940
Listing Agency: Van Dyk Group
Listed By: Alyson Scudiero
Source: Actionplusrealty
Added: Nov 6, 2025 Changed: Oct 25 Last Checked: Oct 24 at 9:22PM

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 Van Dyk Group

Rey
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Investment Insights

Based on property information with market context.

This recently renovated 4-family property offers a turn-key setup with updated units. The building has been maintained in clean condition and is described as ready to go for immediate occupancy or leasing.

Located on the beach block in Seaside Heights, the property is positioned just steps from the beach and boardwalk, which supports both seasonal and year-round rental use.

With four separate units, the asset provides multiple rental streams within a single investment property, making it suitable for investors seeking diversified unit income or owner-occupants looking for on-site living with rental support.

Key Highlights

  • 4‑family property built in 1940
  • Recently renovated 4‑family with updated units
  • Beach‑block location just steps to the beach and boardwalk

Property Analytics

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Location Intelligence

Trade Area within ½ mile

592
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-family property recently renovated and positioned beach-block for seasonal and year-round rental demand.
Where is this quadplex located?
The property is located at 51 Franklin Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 4‑family property built in 1940; Recently renovated 4‑family with updated units; Beach‑block location just steps to the beach and boardwalk
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