Renovated Boutique Motel
61 Sumner Avenue Unit Seaside Seaside Heights, NJ 08751
61 Sumner Avenue Unit Seaside, Seaside Heights, NJ, 08751
$2,300,000
For Sale
$2,300,000
Upgraded motel with 18 guest rooms, multiple suites, lobby/office, and off-street parking near Seaside Heights attractions.
Property Size9,830 SF
Price / SF$233.98
Days on Market91
Property Features for 61 Sumner Avenue Unit Seaside
General Information
- Standard status
- Active
- Size
- 9,830 SF
- Property subtype
- General Commercial
Listing Agency
Keller Williams Realty Freehold
(732) 769-1110
Listed by
Iftikhar Haq · License #0789304
(732) 769-1110
Source
Xome
Added: Apr 18 Checked: Jul 16 at 6:58 am
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 Keller Williams Realty Freehold
Investment Insights
Based on property information with market context.
Seaside Sands Inn is a fully renovated boutique motel made up of two buildings and offering 18 modern guest rooms. Room types include double-queen, double-king, and single-queen layouts, plus additional larger accommodations: two large suites that can host up to 10 guests each, a spacious Grande Suite with two bedrooms featuring a full kitchen and separate living and dining areas, and a studio apartment with a kitchen. The property also includes on-site laundry facilities. A welcoming lobby/office area provides a dedicated professional check-in space along with a comfortable seating area, and off-street parking is available for guests.
The motel is located at 61 Sumner Avenue in Seaside Heights, New Jersey, within a short walk of the beach and the boardwalk area, along with dining, amusements, and a water park. The property is positioned near the entrance to town and is described as having strong visibility and convenient access for arriving guests.
This configuration can support a range of guest groups, from standard room stays to larger party accommodations with kitchens and separate living spaces. With a renovated interior package, dedicated check-in area, and on-site laundry and parking, the property is set up for an operator seeking a turnkey hospitality offering in a coastal market where the area continues to see redevelopment and improvements.
The motel is located at 61 Sumner Avenue in Seaside Heights, New Jersey, within a short walk of the beach and the boardwalk area, along with dining, amusements, and a water park. The property is positioned near the entrance to town and is described as having strong visibility and convenient access for arriving guests.
This configuration can support a range of guest groups, from standard room stays to larger party accommodations with kitchens and separate living spaces. With a renovated interior package, dedicated check-in area, and on-site laundry and parking, the property is set up for an operator seeking a turnkey hospitality offering in a coastal market where the area continues to see redevelopment and improvements.
Key Highlights
- Upgraded Seaside Sands Inn motel at 61 Sumner Avenue in Seaside Heights, NJ
- Two‑building motel offering 18 guest rooms with double‑queen, double‑king, and single‑queen layouts
- Two large suites that each accommodate up to 10 guests
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $176.9k | $18.00 |
| − Vacancy | −$26.5k | −$2.70 |
| EGI | $150.4k | $15.30 |
| − OpEx | −$79.0k | −$8.03 |
| NOI | $71.4k | $7.27 |
9,830 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.02M
$893.0K – $1.19M
NOI $71,440 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.57M
$2.25M – $2.99M
NOI $179,677 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
Similar Off Market Nearby
- SUMMER RENTALS — 74 O St, Seaside Park, NJ 08752
- Luna-Mar Motel — 1201 N Ocean Ave, Seaside Park, NJ 08752
- Seaside Park Vacations — 10 K St, Seaside Park, NJ 08752
- Seaside Park Summer Rentals — 72 O St, Seaside Park, NJ 08752
- Anthony’s Treasure — 316 n st, seaside park, nj 08752
FAQs
What type of property is this?
Motel - Upgraded motel with 18 guest rooms, multiple suites, lobby/office, and off-street parking near Seaside Heights attractions.
Where is this motel located?
The property is located at 61 Sumner Avenue Unit Seaside Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Upgraded Seaside Sands Inn motel at 61 Sumner Avenue in Seaside Heights, NJ; Two‑building motel offering 18 guest rooms with double‑queen, double‑king, and single‑queen layouts; Two large suites that each accommodate up to 10 guests
