223 Hamilton Avenue

Seaside Heights, NJ 08751

$1,199,000
Price
9
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Just 2 blocks from the beach and iconic boardwalk, this fully renovated 4-unit property in Seaside Heights presents an incredible investment opportunity. With a proven track record of success on Airbnb since this past summer, this property is projected to generate over 150k NOI in its First Year, making it an income-producing machine! Ask to see reports! 3 units are 2bed/1bath and 1 unit 3bed/2bath. Each unit fully renovated with modern attractive finishes, delivered ready to go for a seamless takeover....Just 2 blocks from the beach and iconic boardwalk, this fully renovated 4-unit property in Seaside Heights presents an incredible investment opportunity. With a proven track record of success on Airbnb since this past summer, this property is projected to generate over 150k NOI in its First Year, making it an income-producing machine! Ask to see reports! 3 units are 2bed/1bath and 1 unit 3bed/2bath. Each unit fully renovated with modern attractive finishes, delivered ready to go for a seamless takeover. RARE find in one of NJ most sought-after beach towns!
  1. Listed by RODRIGO BURGA • SIGNATURE REALTY NJ

Property Details for 223 Hamilton Avenue

Directions
Exit 82 Parkway S, merge onto NJ-37 E then straight onto NJ-35 N. Head towards Sumner ave then left onto Sumner ave, right on Barnegat, left Hamilton.
Days On Market
17
LISTING UPDATED: 12/19/2024 07:53 AM

Property Details for 223 Hamilton Avenue

StatusActive
MLS #3936501
Days on Market19
Taxes$7,019 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeFourplex
MLS TypeMulti Family / Fourplex
Year Built1960
Lot Size0.06 AC / 2,613 SF
CountyOcean County

Building Information for 223 Hamilton Avenue

Stories-Residences4Year Built1960Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 223 Hamilton Avenue

Summary
Location and General Information
  • Active Days on Market: 17
  • Renovated Year: 2024
  • County #: Ocean
  • Town Name: Seaside Heights Boro
  • Block Identifier: 20
  • Listing Type: Exclusive Right to Sell
  • Town #: 2427.0
  • Street # Display: 223.0
  • # Parking Spaces: 0
  • County Or Parish: Ocean
  • Street Name: Hamilton Ave
  • Zip Code: 08751-2371
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $7,019
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 266900.0
  • Tax ID For Property: 2427-00020-0000-00023-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
Property
Lot Information
  • Lot Identifier: 23
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1960
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 169400.0
  • Assessment Land: 97500.0
Utilities
  • Cooling: Wall A/C Unit(s)
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Electric
  • Heating: Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Open Porch(es)
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Kitchen, Living/Dining Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 500.0
Unit 2 Information
  • Unit 2 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Kitchen, Living/Dining Room
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 750.0
Unit 3 Information
  • Unit 3 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Kitchen, Living/Dining Room
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 500.0
Unit 4 Information
  • Unit 4 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 4 Rent: 0.0
  • Unit 4 Room Description: Kitchen, Living/Dining Room
  • Unit 4 Rooms: 5.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 500.0
Multi-Family Information
  • Unit Style: Fourplex
Income & Expenses Information
  • Total Operating Expense: $32,000.00
  • Net Operating Income: $168,000.00
  • Gross Operating Income: $200,000.00

Property History for 223 Hamilton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 223 Hamilton Avenue

Taxable ValueLand$97,500Additions$169,400Total$266,900
Tax Record2022$6,675 ($556 / month)
Home Facts
Beds4Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtStories2Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1960ZoningRBCountyOCEANAPN27 00020-0000-00023

Schools near 223 Hamilton 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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223 Hamilton Avenue is for sale in Seaside Heights, NJ 08751. This property was listed for sale on December 2, 2024 by SIGNATURE REALTY NJ, it's currently listed at $1,199,000. It has been on the market for a total of 19 days and was last sold on March 28, 2024. This listing's school districts are Seaside Heights School District, Central Regional School District, Toms River Regional School District. Nearby schools include Hugh J Boyd Jr Elementary School, Central Regional Middle School and Central Regional High School. 223 Hamilton Avenue is a 9-bed, 5-bath, built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SIGNATURE REALTY NJ

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.