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140 Ocean Avenue Point Pleasant Beach, NJ $ 1,980,000
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$ 1,980,000 Get more info
140 Ocean Avenue
$ 1,980,000
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140 Ocean Avenue

Point Pleasant Beach, NJ, 08742
$ 1,980,000
Bedrooms10 Baths0.0 Sq 2,953

Monthly Estimate*

$ 12,353

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

for $1,980,000 with 10 bedrooms. This 2,953 square foot 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.

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Multi-Family Active

Price

$ 1,980,000

Bedrooms

10

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

22537140
Features
General
Sewer Public Sewer
Heating 3+ Zoned Heat
Cooling Multi Units
Roof Shingle
Garage Spaces 0.0
Patio/Porch Features Patio
Year Built 1936
Stories Count 2
Property Subtype Four Family
Tax Year 2025
Gross Income 152975.0
County Ocean
New Construction N
Property Type Multi-Family
Attached Garage N
Subdivision Name None
Garage Y/N N
Other Structures Shed
Full Baths 5
Status Active
Directions Steps from the beach
High School Point Pleasant Beach
City Point Pleasant Beach
Zoning Description Non-Conforming
Number Of Units Total 4
MLS Area Pt Pleasant Bch
Lot Size Units Acres
Lot Size Square Feet 3484.8
Carport Y/N N
Elementary School Antrim
Tax Annual Amount 9624.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Point Pleasant Beach (PPB)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
TaxOtherAnnualAssessmentAmount 533800.0
Senior Community None
Water Body Access Y/N None
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Interior
Basement Partial
Flooring Wood Laminate
Total Fireplaces 0
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 10
Total Baths 5
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Exterior
Parking Features On Street None
Lot Features Ocean Block
Water Source Public
Lot Size Area 0.08
Spa N
Building Area Total 2953.0
Lot Dimensions 25x135
Lot Size Acres 0.08
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 140
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* Excluded Features
List By
Erik Ewell

Listing Agent

Lpt Realty

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.
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Nearby
1148292 Elementary School
1148367 Middle School
Point Pleasant Beach High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/22/2025$1,980,000 Listed Price

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140 Ocean Avenue, Point Pleasant Beach, NJ, 08742 is a Multi-Family Home for sale at $1,980,000 with 2,953 sqft and a lot size of 0.08. 140 Ocean Avenue has 10 bedrooms, 0.0 baths, and was built in 1936. The property's zip code is 08742 which is in Point Pleasant Beach, NJ

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