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140 Ocean Avenue
Point Pleasant Beach NJ 08742 US

$1,980,000

Active Listing ID 22537140
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10 bed
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5.00 Bath (5 Full)
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Lot: 0.08 Acres
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Other

$1,980,000

Active Listing ID 22537140
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140 Ocean Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: Multi Units
  • Floor Covering: Laminate, Wood
  • Roof Type: Shingle
  • Heating Fuels: Zoned
  • Additional Features
  • Basement
  • Fireplace
  • Patio

School Information

  • School
  • Antrim(Elementary)
  • Point Pleasant Beach(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1980000
  • unparsedaddress: 140 Ocean Avenue
  • postalcity: Point Pleasant Beach
  • stateorprovince: NJ
  • country: US
  • postalcode: 08742
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 2953
  • livingareaunits: Square Feet
  • latitude: 40.097886
  • longitude: -74.036178
  • listagentfullname: Erik Ewell
  • listagentemail: erikewell.realty@gmail.com
  • listagentkey: 3yd-MOMLSNJ-63038
  • listagentmlsid: 63038
  • listagentpreferredphone: 8773662213
  • listagentofficephone: 8773662213
  • listofficekey: 3yd-MOMLSNJ-5224
  • listofficemlsid: 5224
  • disclaimer: Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MOMLSNJ
  • yearbuilt: 1936
  • listingcontractdate: 2025-12-21
  • countyorparish: Ocean
  • parcelnumber: 26-00121-0000-00004-01
  • elementaryschool: Antrim
  • highschool: Point Pleasant Beach
  • cooling: Multi Units
  • flooring: Laminate, Wood
  • heating: Zoned
  • numberofunitstotal: 4
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: On Street
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 9, Bedroom 10, Bedroom 6, Bathroom 2, Bathroom 5, Bedroom 7, Bathroom 4, Basement, Bathroom 1, Bathroom 3, Bedroom 8
  • patioandporchfeatures: Patio
  • basement: Partial
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.03618, 40.097885
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LPT Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"erikewell.realty@gmail.com", "ListBrokerageCity":"East Rutherford", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"LPT Realty", "ListBrokeragePhone":"877-366-2213", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Unit 245", "ListBrokerageUnparsedAddress":"1 Meadowlands Plaza Se 200", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1 Meadowlands Plaza SE 200 Unit 245", "ListOfficeAddress2":"Unit 245", "ListOfficeBrokerMlsId":"5224", "ListOfficeCity":"East Rutherford", "ListOfficeCountry":"USA", "ListOfficeEmail":"njbrokers@lptrealty.com", "ListOfficePostalCode":"07073", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Point Pleasant Beach, NJ", "ListingURL":null, "MLSModificationTimestamp":"2026-01-06 07:31:56", "Neighborhoods":[{"Description":null, "Name":"Pt Pleasant Bch"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9624, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/4/2026 1:55:57 AM GMT
Source Updated Date: 2/6/2026 12:43:37 PM GMT

Courtesy of: Erik Ewell, LPT Realty, erikewell.realty@gmail.com

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.