121 Sumner Avenue
$398,900
3,000 / 0.07
Description
Build a 2 family on this lot 1 block to the beach for +/-500k and earn up to $250,000/year in annual rents. This math works for smart investor. Financing available to qualified buyer. This building lot can have an amazing Single or 2 Family built on it and no variance needed. Walk to everything. Construction to permanent loans are perfect for this to get you into your dream Jersey Shore Summer Home. Build one unit for yourself and let the other one pay the bills. 1 Hr from NYC, AC and Philly.Build a 2 family on this lot 1 block to the beach for +/-500k and earn up to $250,000/year in annual rents. This math works for smart investor. Financing available to qualified buyer. This building lot can have an amazing Single or 2 Family built on it and no variance needed. Walk to everything. Construction to permanent loans are perfect for this to get you into your dream Jersey Shore Summer Home. Build one unit for yourself and let the other one pay the bills. 1 Hr from NYC, AC and Philly.
- Listed by Michael Loundy • Seaside Heights Realty Inc.
Property Details for 121 Sumner Avenue
Complex/Subdivision
None
ZoningMulti-Use
WaterviewNo
DirectionsOne and a half blocks to the beautiful seaside beach and boardwalk. Build a 2 family on this lot for +/- 500k that can earn $250,000.00 per year in rents THIS MATH WORKS FOR SAAVY INVESTOR. FINANCING AVAILABLE TO QUALIFIED BUYER
LISTING UPDATED: 10/27/2024 04:35 AM
Property Details for 121 Sumner Avenue
Status | Active |
---|---|
MLS # | 22424974 |
Days on Market | 88 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land/Lots / Residential Land |
Year Built | - |
Lot Size | 0.07 AC |
County | Ocean County |
Building Information for 121 Sumner Avenue
Lot Size0.07 AC
Property Information for 121 Sumner Avenue
Property History for 121 Sumner Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 121 Sumner Avenue
Taxable ValueLand$135,000Additions-Total$135,000
Tax Record2022$3,528 ($294 / month)
Home Facts
Beds0Lot Size3,000 SqFtStyleMiscellaneous Vacant LandZoningRBCountyOCEANAPN27 00014- 01-00021
Schools near 121 Sumner Avenue
This home is within Seaside Heights School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Hugh J Boyd Jr Elementary School PublicPK to 6 | ||
Central Regional Middle School Public7 to 8 | ||
Central Regional High School Public9 to 12 | ||
Toms River High - East High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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