$5,499,999
PENDING

100 Ocean Terrace Seaside Heights, NJ 08751

Estimated payment $35,260/month

Total Views 8,515
0 Acre
-- Price per Acre
0 Sq Ft Lot

Highlights

  • Oceanside
  • Corner Lot
  • Garage

About This Lot

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.

Listing Agent

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 01/16/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $66,284

Lot Details

  • Corner Lot
  • Irregular Lot
  • Subdivision Possible

Parking

  • Garage

Outdoor Features

  • Oceanside

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1111111111111

Property Details

Property Type

Land

Est. Annual Taxes

$66,284

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • ResoLotFeatures: Corner Lot, See Remarks, Irregular Lot, Oceanside, Subdividable, Major Frontage, Multi-Lot Subdivision, Sidewalks
  • Subdivision Name: None
  • Reso Other Structures: Other, Garage(s)
  • General Property Info Waterview: No
  • General Property Info Lot Dimensions: 100x155-100x195
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Lot Description Irregular Lot: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Cable On Site: Yes
  • Out Buildings Garage5: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No

Lot Info

  • Lot Dimensions: 100x155-100x195
  • Parcel #: 1111111111111
  • Zoning Description: Single Family, Professional, Neighborhood, Multi-Use, Multi-Family, General Highway, Commercial

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 66284.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Pending -- -- --
09/14/2022 09/14/22 Price Changed $5,499,999 -5.2% --
03/21/2022 03/21/22 Price Changed $5,799,999 -3.3% --
01/16/2022 01/16/22 For Sale $5,999,999 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22201240

MOREMLS (Monmouth Ocean Regional REALTORS®)