Rare opportunity to acquire a 56 unit residential rental development in the heart of Belmar. Positioned in downtown Belmar, this parcel sits along Main Street's thriving commercial corridor, just blocks from the Belmar Marina, NJ Transit train station, and the Atlantic Ocean beachfront. The location provides unmatched access to restaurants, retail, cafes, nightlife, and public transit. Belmar is a year-round destination with summer population surges and a growing base of professionals seeking coastal living with commuter access to NYC and Northern NJ via train and Parkway. Situated just minutes from the beach, marina, and downtown Belmar, the parcel features municipal approvals in place for a well-designed complex comprised of 1-2-3 bedroom units.