223 Hamilton Avenue

Seaside Heights, NJ 08751

$1,199,000
Price
Beds
2,760 Sq. Ft.
$434 / Sq. Ft.
2,760
Sq. Ft.
$434
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
    P: (973)-908-4508 rodrigo@srnjteam.com

Property Details for 223 Hamilton Avenue

Tax ID Number
27-00020-00023
Ownership
Fee Simple
Structure Type
Other
Style
Back-to-Back
Waterfront
No
Garage
No
Subdivision
SEASIDE HEIGHTS BORO
Subdivision
SEASIDE HEIGHTS BORO (OCEAN NJ)
LISTING UPDATED: 12/19/2024 12:37 AM

Property Details for 223 Hamilton Avenue

StatusActive
MLS #NJOC2030706
Days on Market4
Taxes$7,019 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1960
Lot Size0.06 AC / 2,500 SF
CountyOcean County

Building Information for 223 Hamilton Avenue

Stories-Residences4Year Built1960Building Size-Lot Size0.06 AC / 2,500 SF

Property Information for 223 Hamilton Avenue

Location
Location
  • County: OCEAN
  • MLS Area: Seaside Heights Boro (21527)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $266,900
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $169,400
  • City Town Tax: $0
  • Land Assessed Value: $97,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RB
  • Tax Lot: 00023
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 1
Financial Information
Expenses
  • Operating Expense: $62,000
Financial Information
  • Gross Scheduled Income: $237,000
  • Net Operating Income: $174,700
Building Info
Building Info
  • Year Major Reno Remodel: 2024
  • Building Level Count: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 25.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanside
  • Parcel ID: 3071893
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 32"+ wide Doors
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

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.

Similar Homes

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223 Hamilton Avenue is a multi-family home for sale in Seaside Heights, NJ 08751. This property was listed for sale on December 19, 2024 by Signature Realty NJ, it's currently listed at $1,199,000. It has been on the market for a total of 4 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 0-bed, 0-bath, 2,760 sqft multi-family home built in 1960.

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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.