2 Boulevard, Seaside Heights, NJ 08751
$5,888,888
Property Type:
Commercial
Status:
Active
Current Price:
$5,888,888
List Date:
4/04/2025
Last Modified:
9/24/2025
Description
Ocean Block. Prime condo or condotel conversion incl 21 two-bedroom apartments w sep electric panels, plus 17 more one bedroom & motel rooms, Strong Rental history. Be absentee investor, Next to Sold out 15 Million Dollar Luxury New Condos & 1 Block from the New K Hovnanian Project along with the Oceanfront 20 Million Dollar Beach Club. Giant Value everywhere. Huge concrete pool, barbecue & sun area,1 block to beach, boardwalk, restaurants shopping and rides. Renovated w new tile floors, 20 new bathrooms, new siding, new windows, roof, deck and railings. View 15 Camera sec system from home/smart phone. Only prop on the Jersey Shore w this many apartments if resold as Condo's could exceed 14 Million Dollar Sell Out. Off Pky Exit 82 1 hr from NYC. Philly & AC. Buyers need Proof of Funds.
More Information MLS# 22509629
Contract Info
Sale: Yes
Lease: No
New Construction: No
Status: Active
List Date: 2025-04-04
Property Sub-Type: Commercial
List Price: $5,888,888
Current Price: $5,888,888
Location
Area/Section: Seaside Heights
Business District: 1
Comm Distr: 1
Near Busstop: 1
Near Parkway Access: 1
House Number: 2
Street Name: Boulevard
County: Ocean
Municipality: Seaside Heights (SEH)
Postal City: Seaside Heights
State: NJ
Zip Code: 08751
Complex/Subdivision: None
Directions: Ocean Terrace to Porter Ave, 1 Block from the beach. Corner of Porter and the Blvd.
General Property Info
Handicap Access: No
# Levels: 3
Available SqFt: 20000
Office SqFt: 800
Lot Dimensions: 160 x 95
Garage: No
# Car Garage: 0
Business Name: Sea Garden Motel & Apartments
Business Operating: Yes
Franchise: No
Farm: No
Tax and Legal
Asmnt - Total: 0
Deed Restricted: No
Special Assessment: No
Taxes: 55000
Tax Year: 24
Remarks & Misc
Excluded: Could be Acquired Furnished. Owner Licensed RE Broker
Income & Expenses
# Rental Units: 38
Financials Per: Year
Miscellaneous
Min Ceiling Height: 8
Max Ceiling Height: 8
Use
Apartments: 1
Hotel/Motel: 1
Interior
Fire Alarm: 1
Zoning
Central Business: 1
Commercial: 1
Condo: 1
Live-in Professional: 1
Multi-Family: 1
Multi-Use: 1
Professional: 1
Retail: 1
Lot Description
Corner Lot: 1
Oceanside: 1
Sidewalks: 1
Subdividable: 1
Water Type
Oceanside/Beach Blk: 1
Oceanview: 1
Floors
Tile: 1
Electric
200 - 400 AMP: 1
Other - See Remarks: 1
Basement
Crawl Space: 1
Partial: 1
Gas
On Site: 1
Seat Capacity
100+: 1
Cooling
Other: 1
Water Heater
Natural Gas: 1
Heating
Other: 1
See Remarks: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Exterior
Fenced: 1
Lighting: 1
Security System: 1
Sign: 1
Common Elements
Deck: 1
Landscaping: 1
Resident Manager: 1
Parking
Guest: 1
Off Street: 1
On Site: 1
On Street: 1
Assessment Status
Assessed: 1
Construction/Siding
Block: 1
Brick: 1
Brick Veneer: 1
Vinyl: 1
Roof
A-Frame: 1
Asphalt: 1
Material
Block: 1
Sale Includes
Business Name: 1
Equipment/Furniture: 1
Goodwill: 1
Inventory: 1
License: 1
Machinery: 1
Phone System: 1
Signs: 1
Training by Owner: 1
Sale Excludes
Business Name: 1
Equipment/Furniture: 1
Goodwill: 1
Inventory: 1
License: 1
Machinery: 1
Phone System: 1
Signs: 1
Training by Owner: 1
Documents Available
Aerial Photo: 1
Fixture List: 1
Furnishings: 1
Inventory List: 1
Legal Description: 1
Operating Statement: 1
Site Plan: 1
Survey: 1
Survey/Topography: 1
Property Features
Location: Business District; Comm Distr; Near Busstop; Near Parkway Access; Business District; Comm Distr; Near Busstop; Near Parkway Access
Use: Apartments; Hotel/Motel
Interior: Fire Alarm
Floors: Tile
Basement: Crawl Space; Partial
Seat Capacity: 100+
Cooling: Other
Heating: Other; See Remarks
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: 200 - 400 AMP; Other - See Remarks
Exterior: Fenced; Lighting; Security System; Sign
Parking: Guest; Off Street; On Site; On Street
Roof: A-Frame; Asphalt
Material: Block
Sale Includes: Business Name; Equipment/Furniture; Goodwill; Inventory; License; Machinery; Phone System; Signs; Training by Owner
Sale Excludes: Business Name; Equipment/Furniture; Goodwill; Inventory; License; Machinery; Phone System; Signs; Training by Owner
Zoning: Central Business; Commercial; Condo; Live-in Professional; Multi-Use; Professional; Retail; Multi-Family
Lot Description: Corner Lot; Oceanside; Sidewalks; Subdividable
Water Type: Oceanside/Beach Blk; Oceanview
Common Elements: Deck; Landscaping; Resident Manager
Assessment Status: Assessed
Documents Available: Aerial Photo; Fixture List; Furnishings; Inventory List; Legal Description; Operating Statement; Site Plan; Survey; Survey/Topography
Listing Office:
Seaside Heights Realty Inc.
Listing Agent:
Michael Loundy
Last Updated: September - 24 - 2025
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