Financial
Distress signals
Property profile

127 Carteret Ave Seaside Heights, NJ 08751

OFF-MARKET
Other commercial real estate
Property ID
US59-0371105
9,768 SF 0.38 ac lot Built 1970
Last sale Mar 2002 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a lodging and residential complex with 27 motel rooms, five apartments (including two two-bedroom units and three one-bedroom units), and a two-bedroom owner’s unit. The site includes a large swimming pool and provides ample off-street parking. The property is located in Seaside Heights within walking distance of rides, amusements, shopping, and the boardwalk and beaches. It is approximately one hour from New York City, Philadelphia, and Atlantic City and has access via

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$44k
Tax billed · 2022
Assessed value · 2023$1.69M
Assessed land$731k
Assessed improvement$963k
Effective rate2.61%

Value estimate

· Sep 2026
$1.43M
$1.28M – $1.57M
CAP approach$1.74M
Submarket $/SF estimate$1.00M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$345/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$172 – $543
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RB
The purpose of the RB Zone is to provide areas for retail sales of goods and offices related to public utilities, including dial or switc...
General categoryCOMMERCIAL
JurisdictionOCEAN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.0
Auto Repair Shop10.0
Nail Salon9.6

Location

127 Carteret Ave Seaside Heights, NJ 08751-1808
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
135 Grant, Seaside Heights, NJ 08751-2003 $999,900 Jun 2025 5,724 SF
138 Sheridan, Seaside Heights, NJ 08751 $1,250,000 May 2025 7,834 SF
1201 Blvd, Seaside Heights, NJ 08751-1909 $2,000,000 Dec 2024 19,188 SF
116 Sumner, Seaside Heights, NJ 08751-2326 $900,000 Jun 2024 5,790 SF
17 Kearney, Seaside Heights, NJ 08751-1921 $2,010,000 Jan 2024 9,020 SF
224 Sumner, Seaside Heights, NJ 08751-2328 $950,000 Nov 2023 9,618 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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