2 months on rocket

121 Sumner Ave, Seaside Heights, NJ, 08751

$398,900

Land

Location

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Property Highlights

Home TypeResidential Land
MLS #22424974
StatusActive

About 121 Sumner Ave

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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Housing Market Comparison

See how this home compares to others in Seaside Heights, NJ.

Med. Sold Price

$740K

Med. Price/SqFt

$488

Avg. Days On Market

40

# of Sold Homes

12

121 Sumner Ave vs Seaside Heights

77 DAYS ON ROCKET

+37 Days

$398,900

-$341.1K Less

KEY TAKEAWAY

This property is $341.1K less than the Median Sold Price in Seaside Heights, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22424974

Listing Office:

  • Office Name: Seaside Heights Realty Inc.
  • Listing Agent: Michael Loundy

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 27, 2019Home Sold
$80,000
Sep 02, 1988Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,310$135,000
2019$3,225$135,000
2018$3,167$135,000
2017$3,167$135,000

History based on county public records data.

Payment Calculator

$2,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,262

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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.

Nearby Schools

school-card-donut-455842
4
/10
  • Hugh J. Boyd Jr. Elementary School

  • 1200 Bay Blvd

  • 0.40 miles

  • Public District Grades PK-6

school-card-donut-455843
5
/10
  • Ocean Gate Elementary School

  • 126 W Arverne Ave

  • 3.82 miles

  • Public District Grades PK-6

school-card-donut-455844
7
/10
  • Island Heights Elementary School

  • 115 Summit Ave

  • 3.90 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

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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Rocket HomesNew JerseyOcean CountySeaside Heights08751121 Sumner Ave

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.

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