Build a 2 family on this lot 1 block to the beach for +/-500k and earn up to $250,000/year in annual rents. This math works for smart investor. Financing available to qualified buyer. This building lot can have an amazing Single or 2 Family built on it and no variance needed. Walk to everything. Construction to permanent loans are perfect for this to get you into your dream Jersey Shore Summer Home. Build one unit for yourself and let the other one pay the bills. 1 Hr from NYC, AC and Philly.
Property Details
Property Features
Listing Office:
Office Name: Seaside Heights Realty Inc.
Listing Agent: Michael Loundy
Lot Features
Lot Information:
Lot: Curbs
Price Information
Listing Price Info
Price Summary:
List Price: $398,900
Tax Information:
Annual Amount: $3,310
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Hugh J. Boyd Jr. Elementary School
1200 Bay Blvd
Distance between this listing and this school0.40 miles
Public District Grades PK-6
5
/10
Ocean Gate Elementary School
126 W Arverne Ave
Distance between this listing and this school3.82 miles
Public District Grades PK-6
7
/10
Island Heights Elementary School
115 Summit Ave
Distance between this listing and this school3.90 miles
Public District Grades KG-6
Nearby Schools
6
/10
Lavallette Elementary School
105 Brooklyn Ave
Distance between this listing and this school1.91 miles
Public District Grades KG-8
4
/10
Berkeley Township Elementary School
10 Emory Ave
Distance between this listing and this school5.25 miles
Public District Grades 4-6
4
/10
Toms River Intermediate School East
1519 Hooper Ave
Distance between this listing and this school6.19 miles
Public District Grades 6-8
Nearby Schools
4
/10
Toms River High School East
1225 Raider Way
Distance between this listing and this school3.93 miles
Public District Grades 9-12
2
/10
Toms River High School South
55 Hyers St
Distance between this listing and this school6.48 miles
Public District Grades 9-12
7
/10
Performing Arts Academy of the Ocean County Vocational Tech
1 College Dr Bldg 12
Distance between this listing and this school6.75 miles
The neighbors living near this home have an average income of $29,344. Residents of Seaside Heights, NJ typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 121 Sumner Ave
What is the listing price of this property?
The listing price of 121 Sumner Ave property is $398,900.
What type of property is this?
The property 121 Sumner Ave is land located in Seaside Heights, New Jersey, 08751.
Is this property for sale now?
Active Listing: 121 Sumner Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,310 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 27, 2019 for $80,000. (source: MLS/tax record).
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This home is located at 121 Sumner Ave in Seaside Heights, NJ and zip code 08751. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $398,900.
While more than 3 listings in Seaside Heights, NJ in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Seaside Heights, NJ between September 2024 and October 2024 increased by 12.1%. While the average time on the market in October 2024 was 40 days, the median list price was $740,000.
From Rocket Homes Real Estate and based on county public records data.