20
Map
$949,000
●
House -
For Sale
218 Sumner Avenue
Seaside Heights, NJ 08751
5 Beds
4 Baths
2,431 Ft²
$4,660
Est. Monthly
About This Property
Don't pay more and get less. Seller financing available. Brand new
READY TO MOVE IN house 2 blocks to the beach and boardwalk in the
heart of town with an ELEVATOR at an unbelievable price. Upgrades
everywhere including paver driveway and rear patio, recessed lights
throughout, premium tile bathrooms with quartz countertops, Kitchen
with quartz countertops, upgraded tile backsplash, Samsung SS
appliance package, 2 separate HVAC systems with 3 zones, 10 year
new home warranty AND AN ELEVATOR!! High quality construction
throughout. All of this plus great views of the ocean and bay.
Don't pay more and get less. Great rental potential. Similar homes
rent for $7k per week in the summer.
Unit Size
2,431 Ft²
Days on Market
72 days
Land Size
0.05 acres
Price per sqft
$390
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (MOMLS #22624169)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Listed by Seaside Heights Realty Inc. | $949,000 | |
| Listed by Seaside Heights Realty Inc. | |||
| May 5, 2026 | Price Decreased |
$999,900
↓ $40K
(3.9%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$1,039,900
↓ $60K
(5.5%) | |
| Price Decreased | |||
| Feb 26, 2026 | Price Decreased |
$1,099,800
↓ $100
(0%) | |
| Price Decreased | |||
| Jan 24, 2026 | Listed by Seaside Heights Realty Inc. | $1,099,900 | |
| Listed by Seaside Heights Realty Inc. | |||
   | |||
|
Don't wait on this beautiful brand new READY TO MOVE IN house 2 blocks to the beach and boardwalk in the heart of town with an ELEVATOR at an unbelievable price. Upgrades everywhere including paver driveway and rear patio, recessed lights throughout, premium tile bathrooms with quartz countertops, Kitchen with quartz countertops, upgraded tile backsplash, Samsung SS appliance package, 2 separate HVAC systems with 3 zones, 10 year new home warranty AND AN ELEVATOR!! All of this plus great views of the ocean and bay. Don't pay more and get less. Great rental potential. Similar homes rent for $7k per week in the summer.
| |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Paved, Paver Block, Driveway, Off Street, Oversized
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Recessed Lighting, Balcony, Ceilings - 9Ft+ 1st Flr
Flooring Type: Linoleum, Ceramic Tile
Basement: None
Exterior Details
Square Footage: 2431
Architectural Style: Custom
Year Built: 2025
Waterfront Features: Bayview, Oceanview
Building Area Total: 2431
Patio and Porch Features: Deck
Lot Features: See Remarks, Bayside, Oceanside
Lot Size Area: 0.05
Lot Size Units: Acres
Lot Size Acres: 0.05
Lot Size Square Feet: 2178
Lot Size Dimensions: 20 x 100
Water Source: Public
Financial Details
Tax Assessed Value: $350,000
Utilities Details
Cooling Type: Central Air, 3+ Zoned AC
Heating Type: Natural Gas, 3+ Zoned Heat
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Seaside Heights
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kim Valentini, Seaside Heights Realty Inc.
Last Updated: 3 months ago
Data Source: MOMMLS, MLS# 22624169
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 months ago
Data Source: MOMMLS, MLS# 22624169
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017