Property profile

1201 Ocean Ter Seaside Heights, NJ 08751

OFF-MARKET
Commercial real estate
Property ID
US59-0454426
11,220 SF 0.14 ac lot Built 1970
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 11,220 SF
Lot 0.14 ac (6,164 SF)
Zoning code RR
APN 27 00058-0000-00009
UPID US59-0454426

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1201 Ocean Ter Seaside Heights, NJ 08751-1923
Seaside Heights metro Census 728003 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.62M
CAP Approach CAP
$2.00M
Comparable Approach Comparable
$2.13M
Blend (final) Blend
$1.55M

Owner & transaction history

since 2021
Last sale
$1.3M
3 recorded transactions
2021
$1.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RR · Seaside Heights, NJ
Zoning description

The purpose of the RR Zone is to provide areas for recreational and amusement activities, including carousels, roller coasters, Ferris wheels, miniature golf courses, exhibits, and other similar rides and attractions

General category OPEN_SPACE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1201 Ocean Ter?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message