Apartment Building with Beach
52 Kearney Avenue, Seaside Heights, NJ 08751
For Sale
$1,614,000
Multi-Family, Seaside Heights, NJ
Property Size5,000 SF
Lot Size0.26 Acres
Price / SF$322.80
Days on Market307
Property Features for 52 Kearney Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Basement
Lot features
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
Water front
Amenities
outside showers
Building Details
Floors in Building
Number of units
Listing Agency:
Seaside Heights Realty Inc.
Listed By:
Michael Loundy · License NJ #8435976
(732) 793-5200
Added: Jan 12
Changed: Oct 30
Last Checked: Nov 14 at 9:06AM
MLS# 22601030
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 5,000-square-foot apartment property on 0.26 acres includes four rental units and a front five-bedroom, two-bath residence. The improvements feature a deck, fenced grounds, exterior showers, baseboard heat, zoned cooling, thermal windows, and pull-down attic stairs. Public water and public sewer serve the property.
Located in Seaside Heights, the property has beach access and is within walking distance of the boardwalk, rides, amusements, and shopping. The address is on Kearney Avenue, with access from Parkway Exit 82. The source information also places the property 1 Hr from NYC, Atlantic City, and Philadelphia.
Parking features include on-street, alley, and paved or surfaced parking. The building’s layout supports a combination of rental accommodations and owner occupancy within a shore-area multifamily setting.
Located in Seaside Heights, the property has beach access and is within walking distance of the boardwalk, rides, amusements, and shopping. The address is on Kearney Avenue, with access from Parkway Exit 82. The source information also places the property 1 Hr from NYC, Atlantic City, and Philadelphia.
Parking features include on-street, alley, and paved or surfaced parking. The building’s layout supports a combination of rental accommodations and owner occupancy within a shore-area multifamily setting.
Key Highlights
- Four rental units plus a front 5‑bedroom/2‑bath residence
- 5,000 Square Feet on 0.26 acres
- Beach access with walkability to the boardwalk, rides, amusements, and shopping
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,890
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,800
$1.5M
Cap Rate 7%
$1,098,429
$1.1M
Cap Rate 9%
$854,333
$854.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$150.0K $30.00/SF
− Vacancy
−$10.2K −$2.04/SF
EGI
$139.8K $27.96/SF
− OpEx
−$62.9K −$12.58/SF
NOI
$76.9K $15.38/SF
Area
Ocean County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,800
Cap Rate 7%
$1,098,429
Cap Rate 9%
$854,333
Alternative Uses
Best Use
Apartment 5plus
$1.10M
$961.1K – $1.28M
NOI $76,890 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,392 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
573
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property combines four rental units with a five-bedroom, two-bath residence near the beach and boardwalk.
Where is this apartment building located?
The property is located at 52 Kearney Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $1,614,000.
What are key features of this property?
This property features: Four rental units plus a front 5‑bedroom/2‑bath residence; 5,000 Square Feet on 0.26 acres; Beach access with walkability to the boardwalk, rides, amusements, and shopping
