140 Ocean Avenue, Point Pleasant Beach, NJ 08742
140 Ocean Avenue, Point Pleasant Beach, NJ 08742
140 Ocean Avenue, Point Pleasant Beach, NJ 08742
140 Ocean Avenue, Point Pleasant Beach, NJ 08742
140 Ocean Avenue, Point Pleasant Beach, NJ 08742
140 Ocean Avenue, Point Pleasant Beach, NJ 08742
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Scott Stewart

Scott Stewart

+1(201) 841-0316
$ 1,850,000
Est. payment | /mo

10 Beds

5 Baths

2,953 SqFt

Save
$ 1,850,000
Est. payment | /mo
Save

10 Beds

5 Baths

2,953 SqFt

Key Details

Property Type Multi-Family

Sub Type Four Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,953 sqft

Price per Sqft $626

Municipality Point Pleasant Beach (PPB)

MLS Listing ID 22537140

Bedrooms 10

Full Baths 5

Year Built 1936

Annual Tax Amount $9,624

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 25x135

Property Sub-Type Four Family

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Welcome to Point Pleasant Beach! Rent Ready: 7.2% Cap rate! $135,000 Net Operating Income in 2025. This 4 unit compound on beach block features 2 buildings with patios, decks, outside showers, and storage. Unit 1 has 4 bedrooms, 2 full bathrooms. Unit 2 has 4 bedrooms, 1 full bathroom. Unit 3 has 1 bedroom, 1 full bathroom. Unit 4 has 1 bedroom, 1 full bathroom. The 2025 rent consists of short term rentals in units 1 and 2, along with month to month rentals in units 3 and 4. There is potential for more income if all units are utilized as short term rentals.

Location

State NJ

County Ocean

Area Pt Pleasant Bch

Building/Complex Name None

Direction Steps from the beach

Rooms

Basement Partial

Interior

Heating 3+ Zoned Heat

Cooling Multi Units

Flooring Wood, Laminate

Exterior

Parking Features On Street, None

Roof Type Shingle

Porch Patio

Garage No

Private Pool No

Building

Lot Description Ocean Block

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Antrim

High Schools Point Pleasant Beach

Others

Senior Community No

Tax ID 26-00121-0000-00004-01

Monmouth Ocean MLS (MOMLS)
Listed by LPT Realty

Nearby Locations

Kyna Wentink

My goal is to help change peoples lives through real estate. How can I help you?

+1(201) 819-6500

kynawentink@kw.com

1700 State Route 23, Wayne, NJ, 07470, USA

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140 Ocean Avenue