54 Lincoln Ave Seaside Heights, NJ 08751
Estimated payment $4,606/month
Highlights
- Cooling Available
- Guest Parking
- Heating Available
About This Home
Exceptional investment opportunity just one block from the Seaside Heights boardwalk and beaches. This income producing multi-family offers three distinct units: a spacious 3-bedroom, 3-bath residence plus two 1-bedroom, 1-bath units. Currently operating as a successful Airbnb, the property has generated over $60,000 in one year with consistent rental demand across both summer and winter months.
Ideal for investors seeking strong ROI or an owner-occupant looking to enjoy the shore lifestyle while generating income. The location is unbeatable steps to the ocean, boardwalk, restaurants, and nightlife making it highly desirable for vacationers and seasonal tenants alike. Each unit offers comfort and functionality, with the flexibility to rent short-term, seasonal, or annually. A rare opportunity to secure a turnkey, high-performing property in one of New Jersey's most iconic beach destinations. Enjoy the best of coastal living while building long-term wealth at 54 Lincoln Avenue.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,391
Year Built
- Built in 1976
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 20 x 100
Home Design
- Triplex
- Flat Roof Shape
- Cedar Shake Siding
Interior Spaces
- 2-Story Property
- Stove
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Parking
- No Garage
- Guest Parking
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Heating Available
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 27-00003-01-00054
Community Details
Overview
- 3 Units
Recreation
- Community Boardwalk
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,391 | $730,700 | $400,000 | $330,700 |
| 2024 | $6,857 | $243,600 | $140,000 | $103,600 |
| 2023 | $6,365 | $243,600 | $140,000 | $103,600 |
| 2022 | $6,365 | $243,600 | $140,000 | $103,600 |
| 2021 | $6,092 | $242,100 | $140,000 | $102,100 |
| 2020 | $6,115 | $242,100 | $140,000 | $102,100 |
| 2019 | $5,702 | $242,100 | $140,000 | $102,100 |
| 2018 | $5,784 | $242,100 | $140,000 | $102,100 |
| 2017 | $5,680 | $242,100 | $140,000 | $102,100 |
| 2016 | $5,559 | $242,100 | $140,000 | $102,100 |
| 2015 | $5,367 | $242,100 | $140,000 | $102,100 |
| 2014 | $4,939 | $242,100 | $140,000 | $102,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $749,000 | +12.8% | -- |
| 05/13/2024 05/13/24 | Sold | $663,900 | -5.0% | -- |
| 03/29/2024 03/29/24 | Pending | -- | -- | -- |
| 03/28/2024 03/28/24 | For Sale | $699,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $663,900 | Foundation Title | |
| Deed | $370,000 | Ocean Title Service Inc | |
| Deed | $120,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $630,705 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $277,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $120,000 | No Value Available |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22525154
APN: 27-00003-01-00054
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