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    45 & 47 Hamilton Avenue

    Seaside Heights, NJ 08751
    • $2,200,000
    • STATUS: Active
    • ON SITE: 57 days
    • MLS #: 22124412
    UPDATED: 33 min ago
    $2,200,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Welcome to The Seaside Beach House Motel at 45 and 47 Hamilton Ave; two lots, one family owned business and an amazing investment for the next generation of entrepreneurs. Situated right on the Ocean Block, just a few lots away from the boardwalk and the famed beaches and amusements to the east and directly adjacent to a newly designated economic redevelopment zone to the west. What does this mean? OPPORTUNITY!If your interests are in the hospitality direction it's a GREAT time as some 30 million dollars were just invested on the boardwalk in the form of a new concert venue and private pool cabana and beach, less than a mile from the Beach House location. This new product set to open this month is added to the already iconic boardwalk nightlife and rides drawing 10's of thousands ofbeach goers per year. Each is the perfect outlet for a nation looking to shed their masks, get out and experience the sights, sounds and smells of the Jersey Shore. This small hotel sleeps 40 with as many as 60 guests a night spread over two buildings as it sits with the ability to expand and change the game! If you are a developer, then you are well aware that this market has exposed a dearth of residential inventory to feed the masses of buyers looking to relocate out of the densely populated urban areas. Here is an opportunity to create luxury accommodations (subject to approval) to suit the level of development happening all around. Just across the street a new 76 unit condo complex with ballroom, restaurant with Liquor license and parking is set to begin this year. There are a multitude of opportunities that may be disclosed upon submission of proper qualifications. Seaside Heights has been the quintessential vacation spot of the New York and Philadelphia metropolitan area starting at the open of the 20th century. A group of developers from Philadelphia headed intrepidly east in search of their next venture ... With no internet and very archaic media, these developers decided to host train rides from Philly to a serene little place where Berkeley Township and Dover Twp intersected on the Atlantic Ocean... for $100 you could get a 40 ft lot on the beachfront. This was a nation about to explode into the roaring 20's and once people laid their eyes on the gorgeous view atop this barrier island, so too did Seaside Heights explode into a summer haven ... Officially adapted as a borough in 1913, the story of this seaside community is rich with history and family. It didn't take long for this to become a bustling hub of summer vacations and family owned businesses... Once a toll bridge required you to pay 25c for a horse and buggy, 40c for a car and cattle were charged by the head .. Today every Friday the "Cattle" remain and are seen in a steady herd converging at exit 82 this time with brands like Tesla, Porsche and Range Rover all meandering into this mecca of Sun, Sand, Boardwalk and Nightlife .. each steeped in familial memory that is palpable as soon as you land east of the Robert Mathis.. Whatever your drive; this is an immense opportunity to own a piece of Ocean Block, income producing real estate in a town on the verge of a revitalization of its already majestic setting. Combined with a nation yearning to be closer to the water and starving to interact along the coast again Now is the time to be in the opening stages of growth. 108 years later Seaside Heights is still the epicenter of two major cities' desire to put their feet in the sand. Contact us for more details and to set up a private consultation!

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    © 2021 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or The DeMoro Realty Group | Keller Williams Realty West Monmouth. Data last updated 2021-09-21T19:19:35.2.
    www.thedemororealtygroup.com/homes/119705879
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    45 & 47 Hamilton Avenue Seaside Heights, NJ 08751

    • Price: $2,200,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 22124412
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1925
    Built
    County:
    Ocean
    Area:
    Seaside Heights (SEH)
    Property Description
    Welcome to The Seaside Beach House Motel at 45 and 47 Hamilton Ave; two lots, one family owned business and an amazing investment for the next generation of entrepreneurs. Situated right on the Ocean Block, just a few lots away from the boardwalk and the famed beaches and amusements to the east and directly adjacent to a newly designated economic redevelopment zone to the west. What does this mean? OPPORTUNITY!If your interests are in the hospitality direction it's a GREAT time as some 30 million dollars were just invested on the boardwalk in the form of a new concert venue and private pool cabana and beach, less than a mile from the Beach House location. This new product set to open this month is added to the already iconic boardwalk nightlife and rides drawing 10's of thousands ofbeach goers per year. Each is the perfect outlet for a nation looking to shed their masks, get out and experience the sights, sounds and smells of the Jersey Shore. This small hotel sleeps 40 with as many as 60 guests a night spread over two buildings as it sits with the ability to expand and change the game! If you are a developer, then you are well aware that this market has exposed a dearth of residential inventory to feed the masses of buyers looking to relocate out of the densely populated urban areas. Here is an opportunity to create luxury accommodations (subject to approval) to suit the level of development happening all around. Just across the street a new 76 unit condo complex with ballroom, restaurant with Liquor license and parking is set to begin this year. There are a multitude of opportunities that may be disclosed upon submission of proper qualifications. Seaside Heights has been the quintessential vacation spot of the New York and Philadelphia metropolitan area starting at the open of the 20th century. A group of developers from Philadelphia headed intrepidly east in search of their next venture ... With no internet and very archaic media, these developers decided to host train rides from Philly to a serene little place where Berkeley Township and Dover Twp intersected on the Atlantic Ocean... for $100 you could get a 40 ft lot on the beachfront. This was a nation about to explode into the roaring 20's and once people laid their eyes on the gorgeous view atop this barrier island, so too did Seaside Heights explode into a summer haven ... Officially adapted as a borough in 1913, the story of this seaside community is rich with history and family. It didn't take long for this to become a bustling hub of summer vacations and family owned businesses... Once a toll bridge required you to pay 25c for a horse and buggy, 40c for a car and cattle were charged by the head .. Today every Friday the "Cattle" remain and are seen in a steady herd converging at exit 82 this time with brands like Tesla, Porsche and Range Rover all meandering into this mecca of Sun, Sand, Boardwalk and Nightlife .. each steeped in familial memory that is palpable as soon as you land east of the Robert Mathis.. Whatever your drive; this is an immense opportunity to own a piece of Ocean Block, income producing real estate in a town on the verge of a revitalization of its already majestic setting. Combined with a nation yearning to be closer to the water and starving to interact along the coast again Now is the time to be in the opening stages of growth. 108 years later Seaside Heights is still the epicenter of two major cities' desire to put their feet in the sand. Contact us for more details and to set up a private consultation!
    Exterior Features

    Exterior DeckLocked StorageSecurity System Garage No Lot Dimensions 80X100 Parking Driveway Off Street Parking Spaces 15.00 Pool YN No Water View No Waterfront No

    Interior Features

    Basement Partial Basement YN Yes Fireplace No Heat AC Ac Units Heat Fuel Natural Gas Water Heater Natural Gas

    Property Features

    Assessment Land 360000.00 Assessment Status Assessed Assessment Total 622900.00 Deed Restrictions No Excluded Tools And Personal items in Basement Improvements Assessment 262900.00 Multifamily Type Multiple Buildings New Construction No Owner Corporate Tax Year 2020 Taxes 15145.00 Water Sewer Public SewerPublic Water

    Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Michele Nesbihal of Keller Williams Preferred Properties.


    © 2021 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or The DeMoro Realty Group | Keller Williams Realty West Monmouth. Data last updated 2021-09-21T19:19:35.2.
     
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    The DeMoro Realty Group | Keller Williams Realty West Monmouth
    Grosso Office Park, 50B Route 9 N.
    Morganville NJ, 07751