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Listed price in listed location currency (USD).
$1,980,000

1050

MLS® 22537140

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $9,624
Days Active 28
Lot Size 0.08 acres
Approx. Age 1936
MLS® Number 22537140

Property Address: 140 Ocean Ave, Point Pleasant Beach, NJ, 08742-3179

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to Point Pleasant Beach! Rent Ready: 6.8% 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.
MLS® Number22537140
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age1936
BasementPartial
DrivewayOn Street, None
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 22, 2025List Date
$1,980,000List Price
  • Commute

Commute

Starting Address
Destination Address
140 Ocean Ave, Point Pleasant Beach, NJ

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