140 Ocean Avenue Point Pleasant Beach, NJ $ 1,980,000
140 Ocean Avenue
$ 1,980,000
Open House 12/20 3pm - 5pm
Share Save

140 Ocean Avenue

Point Pleasant Beach, NJ, 08742
$ 1,980,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 12,353

140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 1
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 2
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 3
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 4
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 5
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 6
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 7
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 8
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 9
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 10
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 11
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 12
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 13
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 14
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 15
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 16
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 17
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 18
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 19
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 20
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 21
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 22
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 23
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 24
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 25
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 26
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 27
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 28
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 29
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 30
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 31
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 32
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 33
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 34
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 35
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 36
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 37
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 38
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 39
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 40
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 41
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 42
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 43
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 44
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 45
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 46
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 47
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 48
140 Ocean Avenue, Point Pleasant Beach, NJ 08742 - Image 49

Multi-Family Home for sale in Point Pleasant Beach, NJ

for $1,980,000 with 2 bedrooms. This home was built in 1936 on a lot size of 0.08.

Welcome to Point Pleasant Beach! Rent Ready: 6.8% Cap rate! $135,000 Net Operating Income Year to Date. 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. Open House: Saturday 12/20 at 3:00 pm to 5:00 pm

See more

Open House

12/20/2025 3:00 PM - 5:00 PM
140 Ocean Avenue Point Pleasant Beach, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,980,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 9,624

Style

Lot Size

0.08

Year Built

1936

Town/City

Point Pleasant Beach

County/Region

Ocean

MLS | Web ID

NJOC2038074

Features
General
Living Area 2611
Sewer Public Sewer
Heating Central Forced Air
Cooling Central A/C Ceiling Fan(s) Multi Units Window Unit(s)
Utilities Electric Available Natural Gas Available Sewer Available Water Available Cable TV Available
Possession Immediate
Roof Architectural Shingle
Appliances Dryer Washer Refrigerator Stove
Zoning RR1
Patio/Porch Features Deck(s) Patio(s)
Architectural Style Other
Construction Materials Frame
Year Built 1936
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas Electric
Municipality POINT PLEASANT BEACH BORO
Gross Income 153000.00
Accessibility 2+ Access Exits
County OCEAN
Net Operating Income 135000.00
New Construction N
Property Type Multi-Family
Subdivision Name POINT PLEASANT BEACH
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Steps from the beach
City POINT PLEASANT BEACH
Number Of Units Total 4
MLS Area Point Pleasant Beach Boro (21526)
Lot Size Units Square Feet
Lot Size Square Feet 3402.00
Tax Annual Amount 9624.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 0
Structure Type Other
Price Per Sq Ft Total AG 758.33
Acceptable Financing Cash Bank Portfolio Conventional FHA Private VA Exchange Other
Vacation Rental Y/N N
Location Type Oceanblock
Standard Status Active
Year Built Source Assessor
Tax Lot 00004 01
Cap Rate 6.80
See more
Interior
Heating Fuel Natural Gas
Basement Unfinished
Flooring Engineered Wood
Hot Water Natural Gas
Total Stories 2
Furnished Units All
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
See more
Exterior
Exterior Amenities Outside Shower Secure Storage
Pool No Pool
Water Source Public
Type of Parking Off Site Parking Lot
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.08
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 317000.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 140
See more
* Excluded Features
List By
Lpt Realty, Llc

Broker

erikewell.realty@gmail.com

Email

Affordability Calculator

$13,155
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,353
Monthly Property Taxes
$802
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/10/2025$1,980,000 -1.00% Price Down
10/30/2025$2,000,000 Listed Price

Map


See all

140 Ocean Avenue, Point Pleasant Beach, NJ, 08742 is a Multi-Family Home for sale at $1,980,000 with a lot size of 0.08. 140 Ocean Avenue has 2 bedrooms, 0.0 baths, and was built in 1936. The property's zip code is 08742 which is in Point Pleasant Beach, NJ