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$799,900
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Property Description
Build, Rent, Airbnb--this property offers multiple ways to generate income! This beautifully renovated two-family home sits on an exceptionally spacious lot with the size and potential to accommodate two homes instead of just one, subject to municipal approvals. Currently operating as a successful year-round rental, the property combines high-demand summer short-term/Airbnb stays with longer-term winter rentals. Both units offer a warm, inviting feel with luxury finishes, while the second-floor unit features a cozy loft ideal for larger groups. Just a couple blocks from the beach on a quiet street, enjoy an expansive deck for outdoor entertaining plus parking for 6+ cars. Possibilities are endless!
Full Property Details
Full Property Details for 220 Bay Terrace
General
- Price: $799,900
- Taxes: $6,436 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4046754
- Updated: 8/13/2026
- Added to Site: 59 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Deck, Patio, Storage Shed
Location
- County: Ocean
- Driving Directions: NJ-35 S ramp, Decatur Ave, then use right lane to turn slight left onto NJ-35 N/NW Central Ave N. Turn right onto Barnegat Ave then onto Bay Terrace.
Heating & Cooling
- Cooling Type: Ductless Split AC
- Heating Type: Heat Pump
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement Desc.: Crawl Space
- Roof: Asphalt Shingles
- Square Feet: 1,350
- Year Built: 1940
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 600
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Attic, Dining Room, Living Room, Master Bedroom
- Square Feet: 800
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 50 x 47.5
- Driveway/Sidewalk: 2 Car Width, Parking Lot-Exclusive
Financial Considerations
- Operating Expenses: $30,000
- Assessment Amount: $224,600
- Land Assmt: $391,000
- Tax Amount: $6,436
- Tax Year: 2025
Disclosures and Reports
- Block: 17.02
- Lot Number: 20
Listed by Signature Realty Nj
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Schools
Schools serving 220 Bay Terrace
School Districts:Seaside Heights Borough School District, Central Regional School District
| Name | Grades | Distance |
|---|---|---|
Hugh J Boyd Jr Elementary School 1200 Bay Boulevard, Seaside Heights, NJ 08751 | PK-6 | 0.6 mi |
Central Regional Middle School 509 Forest Hills Parkway, Berkeley Township, NJ 08721 | 7-8 | 7.8 mi |
Central Regional High School 509 Forest Hills Parkway, Berkeley Township, NJ 08721 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 220 Bay Terrace
Date
Details
Price
Change
Source
8/13/2026
Listed
$799,900
59.98%
MLS
10/19/2023
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 220 Bay Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,437
—
$615,600
23%
2025
$6,437
37%
$501,300
167%
2022
$4,699
—
$187,900
—
2022
$4,698
3%
$187,900
—
2021
$4,547
—
$187,900
—
2020
$4,562
6%
$187,900
—
2018
$4,309
2%
$187,900
—
2017
$4,228
2%
$187,900
—
2016
$4,156
-6%
$187,900
—
2019
$4,425
10%
$187,900
—
2015
$4,012
17%
$187,900
—
2013
$3,429
—
$187,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 220 Bay Terrace
220 Bay Ter, Seaside Heights, NJ 08751 (MLS# 4046754) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 220 Bay Ter is currently listed for $799,900 and was received on August 13, 2026. Want to learn more about 220 Bay Ter? Do you have questions about finding other Multi-Family real estate for sale in Seaside Heights? You can browse all Seaside Heights real estate or contact a Coldwell Banker agent to request more information.

