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45 & 47 Hamilton Avenue

Seaside Heights, NJ 08751
  • $1,899,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 22214934
UPDATED: 34 min ago
$1,899,000
  • 17
    BEDS
  • N/A
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 4,407
    SQFT
  • $431
    $/SQFT
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 is added to the already iconic boardwalk nightlife and rides drawing 10's of thousands of beach 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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© 2022 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 Giberson Group | CENTURY 21 Thomson & Co.. Data last updated 2022-08-12T19:20:32.92.
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45 & 47 Hamilton Avenue Seaside Heights, NJ 08751

  • Price: $1,899,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 34 min ago
  • MLS #: 22214934
17
Beds
9
Baths
0
½ Baths
N/A
Acres
4,407
SQFT
$431
$/SQFT
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 is added to the already iconic boardwalk nightlife and rides drawing 10's of thousands of beach 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 BbqDeckFenceLightingPatioScreensSecurity SystemShedSprinkler UnderStorm Door(S) Garage No Lot Description Ocean Block Lot Dimensions 80 X 100 Parking Driveway Off Street Parking Spaces 15.00 Pool YN No Water View No Waterfront No

Interior Features

Basement Partial Basement YN Yes Beds Unit1 4 Beds Unit2 1 Beds Unit3 6 Beds Unit4 1 Fireplace No Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 2 Full Baths Unit4 1 Heat AC Other Heat Fuel ElectricNatural Gas Water Heater Natural Gas

Property Features

Assessment Land 360000.00 Assessment Status Assessed Assessment Total 622900.00 Deed Restrictions No Excluded Personal Items Improvements Assessment 262900.00 Multifamily Type Multiple Buildings New Construction No Owner Corporate Tax Year 2020 Taxes 15145.00 Water Sewer Public SewerPublic Water Zoning MixedMulti-Use

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Michele Nesbihal of Keller Williams Preferred Properties.


© 2022 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 Giberson Group | CENTURY 21 Thomson & Co.. Data last updated 2022-08-12T19:20:32.92.
 
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The Giberson Group | CENTURY 21 Thomson & Co.
254 Hwy 35
Red Bank NJ, 07701