8 Units can be purchased as One. Strong Cap Rate. Collects over $121,000/Year. 6 of the 8 units renovated down to the studs: new Kitchens/baths/elec/flooring, sheetrock etc. Exterior also has New Siding, Roofing, Decking. Parking for each unit & newly paved lot. Run as a multi-family & keep the rentals or individually sell these separately deeded units off at your convenience. Being offered below market value as a package. All Separately metered, tenants pay for electric/heat. Fantastic location 3 blocks from the beach, boardwalk & rides. Walk to great restaurants & shopping. Nothing to do but start collecting your rents. Jump in on the Renaissance happening in Seaside Heights while there is still time. Pkwy Exit 82, 1 Hr from NYC, Philly/AC. More info available. Great paying tenants.
Sold for $1,250,000 on 04/24/23
$1,250,000
301 Sumner UNIT 1,3,5,6,9,10,11,12, Seaside Heights, NJ 08751
8beds
--sqft
Multiple Buildings
Built in ----
-- sqft lot
$1,365,900 Zestimate®
$--/sqft
$4,401 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 12, 2025 at 07:18pm
Listed by:
Michael Loundy 732-330-6651,
Seaside Heights Realty Inc.
Bought with:
Michael Loundy, 8435976
Seaside Heights Realty Inc.
Source: MOMLS,MLS#: 22303862

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Cooling
- Multi Units
Features
- Windows: Screens
- Basement: Other
Property
Parking
- Total spaces: 8
- Parking features: Off Street, None, Assigned
Features
- Exterior features: Lighting
Lot
- Dimensions: 4 Units are studio's and 4 are one bedrooms
- Features: Other, See Remarks
Details
- Parcel number: 1111111111111
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multiple Buildings
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Seaside Heights
- Subdivision: Barnegat Sumner Condos
Services availability

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$1,365,900
2% more+ $27,318
With Zillow Showcase(estimated)
$1,393,218