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Financial
Distress signals
Property profile

61 Sumner Ave Unit Seaside Sands Inn Seaside Heights, NJ 08751

FOR SALE
Residential income homes
Property ID
US59-2999457
6,930 SF 0.16 ac lot Built 1940
Last sale Apr 2017 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years.
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Property summary

AI-generated overview

Seaside Sands Inn is a boutique motel property in Seaside Heights, New Jersey, consisting of two buildings and offering 18 modern guest rooms. The room mix includes double-queen, double-king, and single-queen layouts, along with two large suites that can accommodate up to 10 guests each, a Grande Suite with two bedrooms that includes a full kitchen plus separate living and dining areas, and a studio apartment with a kitchen. The property includes on-site laundry facilities, a lobby/office area…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$27k
Tax billed · 2022
Assessed value · 2023$1.05M
Assessed land$385k
Assessed improvement$667k
Effective rate2.61%

Value estimate

· Oct 2026
$1.13M
$1.02M – $1.24M
NOI build-up
Gross scheduled income$177k
Vacancy & credit loss−$27k
Operating expenses−$79k
NOI · 3.25% cap applied$71k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$284/SF
County average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$169 – $431

Cap rate analysis

How does the asset earn?
3.25%
$71k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Office10.8
Law Firm9.8
Nail Salon9.5

Location

61 Sumner Ave, Unit Unit Seaside Sands Inn Seaside Heights, NJ 08751
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

4 recorded sales · 12 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
327 Blaine, Seaside Heights, NJ 08751-2385 $550,000 Feb 2023 6,960 SF
47 Blaine, Seaside Heights, NJ 08751 $1,300,000 May 2022 9,023 SF
11 Dupont, Seaside Heights, NJ 08751 $58,500 Jan 2020 7,332 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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