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Key Details
Property Type Vacant Land, Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Municipality Seaside Heights (SEH)
MLS Listing ID 22201240
Annual Tax Amount $66,284
Tax Year 2021
Lot Dimensions 100x155-100x195
Property Sub-Type Commercial
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
This Ocean Block +/-35,000 parcel is prime to be redeveloped. Perfect mixed use site, in the Borough Re-development Zone AKA has the designation of an ''Area in Need of Redevelopment'' that affords the developer some Zoning Relief. Existing density, height and other requirements could be exceeded as recently approved on a similar property 2 blocks North of here. Developer could get tax abatements for future development and demo money for site prep. Go to docs tab for the survey. Presently a 36 unit Motel with 16 apartments and 20 motel rooms plus 2 managers apts. Walk to beach, boardwalk, rides, restaurants and shopping, Value is in the land for this ocean block parcel. Walk to beach, boardwalk, rides, amusements, restaurants and shopping. 1 Hr from NYC, Philly and AC off Pkwy Exit 82.
Location
State NJ
County Ocean
Area Seaside Heights
Direction +/-35,000 square feet located Ocean Block between Dupont and Lincoln Aves.
Exterior
Waterfront Description Oceanside/Beach Blk
Private Pool No
Building
Lot Description Corner Lot, See Remarks, Irregular Lot, Oceanside, Subdividable, Major Frontage, Multi-Lot Subdivision, Sidewalks
Others
Senior Community No
Tax ID 1111111111111
Listed by Seaside Heights Realty Inc.
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Frank Esposito
Agent