1003 Ocean Terrace, Seaside Heights, NJ 08751
New Listing
$1,500,000
Property Type:
Commercial
Square Footage:
7,740
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$1,500,000
List Date:
2/06/2026
Last Modified:
2/06/2026
Description
Directly on the north end of Seaside Heights Boardwalk! This building is in a high-foot traffic area with close proximity to Casino Pier & Breakwater Beach with plenty of parking around. Current restaurant has 3 years left on lease. Building connected w/ gas, electricity & water and has ANSUL and basement-level fire suppression system in place. New roof and signage installed in 2025. There is also a large basement with offices, three walk-ins, storage, prep kitchen, & storage with direct access loading bay. Located in the Resort Recreational Zone, the current structure can be used as is or expanded for best use possibilities.
More Information MLS# 22603340
Contract Info
Sale: Yes
Lease: No
List Price/SqFt: 193.8
Status: Active
List Date: 2026-02-06
Property Sub-Type: Commercial
List Price: $1,500,000
Current Price: $1,500,000
Location
Area/Section: Seaside Heights
Comm Distr: 1
House Number: 1003
Street Name: Ocean
Street Suffix: Terrace
County: Ocean
Municipality: Seaside Heights (SEH)
Postal City: Seaside Heights
State: NJ
Zip Code: 08751
Directions: Corner of Sheridan Ave and Ocean Terrace.
General Property Info
# Levels: 2
Acreage: 0.13
Lot Dimensions: 40 x 145.81
Garage: Yes
# Car Garage: 1
# Parking Spaces: 1
Business Name: Marathon Steak & Potato
Business Operating: Yes
Franchise: No
Apx SqFt: 7740
Apx Year Built: 1940
Tax and Legal
Asmnt - Total: 2253500
Taxes: 30580
Tax Year: 2025
Income & Expenses
Insurance: 10000
Miscellaneous
# Docks: 1
Use
Pizza: 1
Restaurant: 1
Interior
Fire Alarm: 1
Fire Sprinkler System: 1
Internal Loading: 1
Refrigeration: 1
Zoning
Commercial: 1
Mixed: 1
Multi-Use: 1
Lot Description
Beachfront: 1
Corner Lot: 1
Dead End Street: 1
Oceanfront: 1
Oceanside: 1
Sidewalks: 1
Water Type
Beach Front: 1
Ocean Front: 1
Oceanside/Beach Blk: 1
Floors
Concrete: 1
Tile: 1
Electric
Other - See Remarks: 1
Basement
Full: 1
Tenant Access: 1
Walk-Out Access: 1
Gas
On Site: 1
Seat Capacity
60 - 99: 1
Cooling
None: 1
Water Heater
Natural Gas: 1
Tank: 1
Heating
None: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Exterior
Lighting: 1
Loading Dock: 1
Overhead Doors: 1
Sign: 1
Parking
Off Street: 1
On Street: 1
Assessment Status
Assessed: 1
Construction/Siding
Block: 1
Roof
Asphalt: 1
Flat: 1
Material
Block: 1
Sale Includes
Signs: 1
Sale Excludes
Business Name: 1
Equipment/Furniture: 1
Inventory: 1
Machinery: 1
Landlord Pays
Insurance: 1
Documents Available
Appraisal: 1
Financial Statement: 1
Lease: 1
Property Features
Location: Comm Distr; Comm Distr
Use: Pizza; Restaurant
Interior: Fire Alarm; Fire Sprinkler System; Internal Loading; Refrigeration
Floors: Concrete; Tile
Basement: Full; Tenant Access; Walk-Out Access
Seat Capacity: 60 - 99
Cooling: None
Heating: None
Water Heater: Natural Gas; Tank
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: Other - See Remarks
Exterior: Lighting; Loading Dock; Overhead Doors; Sign
Parking: Off Street; On Street
Roof: Asphalt; Flat
Material: Block
Sale Includes: Signs
Sale Excludes: Business Name; Equipment/Furniture; Inventory; Machinery
Zoning: Commercial; Mixed; Multi-Use
Lot Description: Beachfront; Corner Lot; Dead End Street; Oceanfront; Oceanside; Sidewalks
Water Type: Beach Front; Ocean Front; Oceanside/Beach Blk
Landlord Pays: Insurance
Assessment Status: Assessed
Documents Available: Appraisal; Financial Statement; Lease
Listing Office:
Childers Sotheby's Intl Realty
Listing Agent:
Jeffrey M Childers
Last Updated: February - 06 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.