Advantages of buying property in Seaside Park, New Jersey include:

1. Beautiful beaches and scenic views: Seaside Park is a coastal village with beautiful beaches and scenic views of the Atlantic Ocean. Properties with oceanfront views can be highly sought after.

2. Access to recreational activities: Seaside Park offers various recreational activities for its residents such as fishing, boating, surfing, swimming and other water sports.

3. Investment opportunity: Since Seaside Park is a popular tourist destination, investing in property here may provide a higher return on investment, especially during the tourist season.

4. Proximity to other attractions: Seaside Park is near to other attractions like Seaside Heights Boardwalk and Island Beach State Park.

However, there are also some potential disadvantages to consider:

1. Severe weather events: Seaside Park has experienced severe weather events in the past like hurricanes, which can result in high property damage and insurance costs.

2. High property prices: Seaside Park is an affluent area and buying property can be expensive.

3. Limited housing inventory: Since Seaside Park is a small village, the housing inventory can be limited and it may be challenging to find available properties for sale.

4. Seasonal tourism: Although tourism can be a benefit, it may also create seasonal pressure for local services and businesses which could adversely affect residents.