106120 Boulevard Pending

Seaside Heights,NJ 08751

$ 5499999

- Bed

0 Bath

35000 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 35,000 sqft

Price per Sqft $157

MLS Listing ID 22201269

Annual Tax Amount $66,284

Tax Year 2021

Property Description

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.

Location

State NJ

County Ocean

Area Seaside Heights

Exterior

Garage On Site

Waterfront Description Oceanside/Beach Blk

Building

Lot Description Irregular Lot,Oceanside,Subdividable,See Remarks,Corner Lot

Sewer Public Sewer

Water Public

New Construction No

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