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For sale
  • $1,299,000

    223 Hamilton Avenue, Seaside Heights, NJ 08751

    9beds
    1,848sqft
    : 
    $7,547/mo
    Get pre-qualified
    Multi Family
    Built in 1960
    -- sqft lot
    $1,240,500 Zestimate®
    $703/sqft
    $-- HOA

    What's special

    Unbeatable location just steps from the beach! Rare turnkey investment opportunity in the heart of Seaside Heights. Fully renovated in 2024, this thriving 4-unit property operates as a successful year-round rental, combining high-demand summer short-term/Airbnb stays with longer-term winter rentals. Strong, proven rental history generating over $150K in NOI. Fully equipped and ready to produce income from day one, with the flexibility to be delivered vacant. Continue the established rental operation, transition to traditional leases, or explore redevelopment potential. Ideally located near the beach, boardwalk, restaurants, nightlife, entertainment and major roadways, with convenient access to NYC, Philadelphia and Atlantic City. Unbeatable location just steps from the beach! Rare turnkey investment opportunity in the heart of Seaside Heights. Fully renovated in 2024, this thriving 4-unit property is currently operating as a successful year-round rental, capitalizing on high-demand summer short-term/Airbnb stays and longer-term winter rentals. Strong, proven rental history generating over $150K in NOI. Fully equipped and ready to continue producing income from day one, with the flexibility to be delivered vacant if desired. Continue the established rental operation, transition to traditional leases, or explore future redevelopment potential--the possibilities are endless. Ideally positioned near the beach, boardwalk, restaurants, nightlife, entertainment, and major roadways, with convenient access to NYC, Philadelphia, Atlantic City, and all that the Jersey Shore has to offer.
    3 days
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    161
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rodrigo Burga 973-908-4508,

    Signature Realty NJ

    Source: MoreMLS,MLS#: 22625020MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Baseboard
      Cooling
      • Other
      Features
      • Flooring: Vinyl
      • Basement: Crawl Space
      Interior area
      • Total structure area: 1,848
      • Total interior livable area: 1,848 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: On Street, None
      Features
      • Stories: 2
      • Patio & porch: Deck
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      • Features: Other, See Remarks
      Details
      • Parcel number: 2700020000000023
      • Zoning description: Residential, Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Seaside Heights

      Financial & listing details

      • Price per square foot: $703/sqft
      • Tax assessed value: $266,900
      • Annual tax amount: $12,792
      • Date on market: 8/12/2026
      • Tenant pays: Hot Water

        Estimated market value

        $1,240,500

        $1.18M - $1.30M

        $4,936/mo

        Price history

        DateEventPrice
        8/12/2026Listed for sale$1,299,000+18.1%$703/sqft
        Source: MoreMLS #22625020 Report a problem
        7/1/2025Listing removed$1,100,000-15.4%$595/sqft
        Source: Bright MLS #NJOC2030706 Report a problem
        4/1/2025Price change$1,300,000+18.2%$703/sqft
        Source: GSMLS #3936501 Report a problem
        2/13/2025Price change$1,100,000-4.3%$595/sqft
        Source: Bright MLS #NJOC2030706 Report a problem
        2/6/2025Price change$1,150,000-4.1%$622/sqft
        Source: Bright MLS #NJOC2030706 Report a problem
        12/2/2024Listed for sale$1,199,000+53.7%$649/sqft
        Source: GSMLS #3936501 Report a problem
        5/24/2024Sold$780,000+34.5%$422/sqft
        Source: Public Record Report a problem
        4/5/2022Sold$579,900+20.8%$314/sqft
        Source: Public Record Report a problem
        1/18/2005Sold$480,000+12.9%$260/sqft
        Source: Public Record Report a problem
        8/24/2004Sold$425,000+49.1%$230/sqft
        Source: Public Record Report a problem
        9/5/2002Sold$285,000+50%$154/sqft
        Source: Public Record Report a problem
        10/18/2001Sold$190,000$103/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2023$6,675 +3.3%$266,900
        2022$6,459 $266,900
        2021$6,459 +2.8%$266,900
        2020$6,286 +2.7%$266,900
        2019$6,120 +1.9%$266,900
        2018$6,005 +1.7%$266,900
        2017$5,904 +3.6%$266,900
        2016$5,698 +9.2%$266,900
        2015$5,218 +7.1%$266,900
        2014$4,871 -15.4%$266,900 -31.8%
        2012$5,759 +2.7%$391,500
        2011$5,606 +9.6%$391,500
        2010$5,113 +7.9%$391,500
        2009$4,737 +13.9%$391,500
        2008$4,160 -4.7%$391,500 +240.1%
        2007$4,365 +17.2%$115,100
        2006$3,723 $115,100
        2004-- $115,100
        2003-- $115,100
        2002-- $115,100
        2001-- $115,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 08751

        Getting around

        78 / 100
        Very Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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