NJ
Ocean
Point Pleasant Beach
08742
140 Ocean Avenue
140 Ocean Avenue, Point Pleasant Beach, NJ 08742
Share Listing
Listing Type
Multi Family
Listing Status
Active
48
$1,980,000

Home Details for 140 Ocean Avenue

Price
$1,980,000
Type
Residential Income
Bedrooms
10
Bathrooms
5.0
Square feet
NaN
Year built
1936
Lot size acres
0.08
County
Ocean
Garage
Basement
Partial
Days on site
15
MLS Listing#
22537140
Property 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.

Property Features
  • Parking
    • On Street
    • None
  • Cooling Information
    • Multi Units
  • Water Features
    • Public
  • Basement
    • Partial
School Information
School Information for 140 Ocean Avenue, Point Pleasant Beach, NJ 08742
Elementary School
Antrim
Middle School
N/A
High School
Point Pleasant Beach
Listing Courtesy: LPT Realty - 877-366-2213
Presented by: Erik Ewell
The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from Monmouth/Ocean Multiple Listing Service.
EXIT REALTY JERSEY SHORE
890 Mantoloking Rd, Brick, NJ 08723
Office
732 920 2060
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