About 303 Sumner Ave Unit 1, 3, 5, 6, 9, 10, 11, 12
Amazing investment opportunity just 3 blocks from the ocean, boardwalk, and beaches! This offering includes 8 of the 13 units in a well-maintained building, delivering a remarkable 7.2% cap rate. Perfectly located near entertainment, shopping, and dining, this property is ideal for both seasoned and first-time investors. Four units are currently utilized as Airbnbs, while the other four are rented annually, providing diverse income streams. This prime location ensures high demand year-round, making it a smart addition to your portfolio. Don't miss this chance to own in a thriving coastal area! Call your agent today for more details and to schedule a showing.
Property Details
Property Features
Property Information:
Year Built: 1987
Listing Office:
Office Name: Crossroads Realty Executive Office
Listing Agent: Sondra Hurley Iannuzzi
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 8
Total Bedroom Count: 8
Exterior Features
Parking Information:
Attached Garage: No
Parking: Off Street, None, Assigned
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Cooling: Multi Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $1,800,000
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Housing Market Comparison
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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 school0.33 miles
Public District Grades PK-6
5
/10
Ocean Gate Elementary School
126 W Arverne Ave
Distance between this listing and this school3.67 miles
Public District Grades PK-6
7
/10
Island Heights Elementary School
115 Summit Ave
Distance between this listing and this school3.73 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 school5.12 miles
Public District Grades 4-6
4
/10
Toms River Intermediate School East
1519 Hooper Ave
Distance between this listing and this school6.04 miles
Public District Grades 6-8
Nearby Schools
4
/10
Toms River High School East
1225 Raider Way
Distance between this listing and this school3.77 miles
Public District Grades 9-12
2
/10
Toms River High School South
55 Hyers St
Distance between this listing and this school6.30 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 school6.62 miles
The neighbors living near this home have an average income of $20,893. Most Seaside Heights, NJ residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 303 Sumner Ave Unit 1, 3, 5, 6, 9, 10, 11, 12 in Seaside Heights, NJ and zip code 08751. This home, which was built in 1987, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $1,800,000.
In November 2024, from all listings sold in Seaside Heights, NJ there were more than 5 sold above asking price, over 15 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Seaside Heights, NJ between October 2024 and November 2024 decreased by 2.7%. In November 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $729,000.
From Rocket Homes Real Estate and based on county public records data.
1 (855) 200-2001
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.
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