The “quiet end” of the Seaside Heights boardwalk is gettinga new neighbor, and it is expected to increasethe appeal of the entire north side of town as the first luxury beachfront residential development project that has hit the market in years.
Ocean 1515, named for its address at 1515 Ocean Terrace, is an eight-unit condominium building that is bursting with unique features. Yet it’s a classic aspect of Shore living – the view – that will ultimately be its greatest asset.
“As a buyer, full time resident, seasonal resident or investor, you have to look at the view and feel the serenity ” said Realtor Laurie Sullivan, looking out over unobstructed views of beaches to the north, the full frame of the ocean to the east, and an amusement pier to the south. “Now is the time to reinvest in Seaside Heights. People are realizing that this is the new and upcoming place to invest in, and we want to be a part of that rediscovery.”
Sullivan, of Keller Williams Shore Properties in Lavallette, is representing the entire project, where three of eight units are currently under contract. Roman Construction, a custom builder from Bayville, promised to deliver a luxury product to the boardwalk, and succeeded in producing a complex with a wide array of amenities and unique features that stand out from the existing housing stockin town. The remaining units range from $499,000 to $799,000, and from 800 square feet to 920 square feet.
The units Shorebeat previewed during a tour last week looked expansive despite being under 1,000 square feet. With nine foot-high ceilings and an open floor plan, the units flow extraordinarily well, and space is utilized perfectly. Most come with large outdoor balconies for entertaining, and although each unit is accessible to the elevator, the two top-floor units have elevator access directly into the living area from the two-car garage space at ground level.
In addition to the garage, elevator and private outdoor beach access, each unit features an interior sprinkler system, Anderson windows and doors, solid hardwood floors, with wood grain flooring tile in the bathroom to compliment the mosaic and subway tile.
The complex is opening midway into Seaside Heights’ renaissance as officials plan significant redevelopment of the boardwalk and Boulevard business district. The northern end of the boardwalk, where 1515 Ocean is located, will remain the subdued end, with plans in the works to build a family-themed Shore museum and carousel space a few lots away. At the opposite end of the boardwalk, a new high-end beach club was recently approved.
“A lot of people enjoy the fun and activities in the arcades, the restaurants and all the hoopla that’s happening a little further down, but they want the serenity of just the beach itself, and that’s what we have here,” said Sullivan. “You can really appreciate both.”
Summer activities on the north end of the boardwalk include Family Fun Nights all summer long and sunset entertainment on a small stage a couple blocks away. There is always, of course, a great view of the fireworks – in theory, both north and south.
“On a clear day you can see almost all the way to Mantoloking,” said Sullivan.
The complex also includes private access directly to the boardwalk (and thus, the beach) and a private elevator key.
Beach replenishment is currently wrapping up island-wide, which will undoubtedly improve the outdoor aesthetics in the northern boardwalk portion. Heavy equipment is gradually being removed, giving way to a spectacular view of the natural beaches to the north of the property.
Sullivan said the complex – the latest property to be built in Seaside Heights – is part of the town’s rebirth, helping to create a new landscape as similar properties in Asbury Park have done in years past.
“Now is the opportunity to rediscover Seaside Heights,” said Sullivan. “The window is open now.”