Welcome to Point Pleasant Beach! Rent Ready: 6.8% Cap rate! $135

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Home For Sale

140 Ocean Avenue

Point Pleasant Beach, New Jersey 08742

Ocean County

Community: 

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$1,980,000 10 br, 5.0 bath 2953 sq. ft. 0.080 acres

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.

Interior:
  • Bedrooms: 10
  • Baths: 5.0
  • Sq Ft: 2953
  • Year Built: 1936
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Zoned
  • Garage: On Street
Exterior:
  • Lot Size: 0.080 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Shingle
  • Property Taxes: $9,624
  • MLS #: 22537140
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Contact Information:
Beach Home For Sale in Point Pleasant Beach, New Jersey
Listing Agent: Erik Ewell, LPT Realty, 877-366-2213, 877-366-2213 Listing Site, Listing Status: Active
Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6980874
Viewed 2 times.
Updated: Dec 22, 2025

This property is a Home located at 140 Ocean Avenue, Point Pleasant Beach, New Jersey 08742, and is currently For Sale at $1,980,000. This Home has 10 bedrooms, 5.0 baths, 2953 sq ft.