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Beach-Block Duplex with Ocean View
For Sale
$1,450,000

57 Blaine Avenue, Seaside Heights, NJ 08751

Multi-Family, Seaside Heights, NJ

Property Size2,464 SF
Lot Size0.09 Acres
Price / SF$588.47
Days on Market47

Property Features for 57 Blaine Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential, Multi-Family
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 1, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 8
Parking features On Street
Exterior features Board Walk, Ocean View
Basement Crawl Space
Lot features Ocean Block, Oceanside
View Water
Directions exit 82 off GSP towards Seaside Heights
Subdivision Seaside Heights
Standard status Active
APN 27-00007-01-00057
Size 2,464 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10791

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Multi Units, Central Air
Water source Public
Water front 1

Building Details

Year built 1946
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic, Vinyl
Building materials Shingle Siding
Roof type Shingle
Listing Agency: Van Dyk Group
Listed By: Alyson Scudiero
Added: Sep 8 Changed: Oct 18 Last Checked: Oct 24 at 12:06PM
MLS# 22628121

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 at 57 Blaine Avenue in Seaside Heights contains 2,464 square feet arranged as two residential units. Each unit includes 4 bedrooms and 2 full baths, creating a combined total of 8 bedrooms and 4 bathrooms. The property was built in 1946 and features shingle siding, a shingle roof, ceramic tile and vinyl flooring, forced-air heating, and central air with multiple cooling units.

Set on a 0.09-acre lot, the property offers an ocean view and sits in the beach-block area near the sand and boardwalk. Public water and public sewer serve the property, while parking is provided on the street. Its two-unit layout supports separate residential occupancy within a coastal setting.

Key Highlights

  • Duplex with 2,464 square feet
  • Two units, each with 4 bedrooms and 2 full baths
  • Combined layout includes 8 bedrooms and 4 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,238
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,760 $824.8K
Cap Rate 7%
$589,114 $589.1K
Cap Rate 9%
$458,200 $458.2K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$63.0K $25.56/SF
− Vacancy
−$4.1K −$1.65/SF
EGI
$58.9K $23.91/SF
− OpEx
−$17.7K −$7.17/SF
NOI
$41.2K $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%
$824,760
Cap Rate 7%
$589,114
Cap Rate 9%
$458,200

Alternative Uses

Best Use
Multifamily LT 5
$589.1K
$515.5K – $687.3K (±1% cap)
NOI $41,238 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$541.3K
$473.6K – $631.5K (±1% cap)
NOI $37,891 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$643.4K
$563.0K – $750.6K (±1% cap)
NOI $45,038 @ 7.0% cap · market cap 3.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

634
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
View Realmo Analytics

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?
Duplex - Two residential units provide four bedrooms and two full baths apiece near the sand and boardwalk.
Where is this duplex located?
The property is located at 57 Blaine Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Duplex with 2,464 square feet; Two units, each with 4 bedrooms and 2 full baths; Combined layout includes 8 bedrooms and 4 bathrooms
More about this property
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