140 OCEAN AVE, Point Pleasant Beach, NJ 08742

• 2,611 sqft

Property Description

Conveniently located on Ocean Avenue, just one block from the beach and minutes from Jenkinson’s Boardwalk, this rare turnkey 4-unit property in highly desirable Point Pleasant Beach presents an exceptional opportunity for both investors and coastal lifestyle buyers. Whether you're seeking a high-performing income property or a private beachside compound for family and friends, this versatile offering delivers on every level. This unique oceanside compound features four units totaling 10 bedrooms and 5 bathrooms. The front home is a standalone 4-bedroom, 2-bath single-family residence, fully gut renovated in 2025—taken down to the studs and completely reimagined with all new layout, systems, and finishes. It opens to a gated backyard that has been newly refreshed, fully furnished, and outfitted with new outdoor showers—ideal for entertaining or unwinding after a day at the beach. The back top unit is a fully renovated 4-bedroom, 1-bath residence showcasing modern coastal design, complete with granite countertops, custom wood cabinetry, porcelain tile flooring, two private entrances, and its own furnished deck with a grill. Both larger units feature custom kitchens, brand-new appliance packages, in-unit laundry, and thoughtfully curated interiors designed to elevate the guest experience. Rounding out the property are two one-bedroom units, each with separate entrances. One is leased to a long-term tenant, providing reliable income, while the other is fully renovated and newly furnished—offering a turnkey opportunity for immediate occupancy, market-rate leasing, or high-demand short-term summer rentals. The front home, back top unit, and back lower one-bedroom unit are offered fully stocked and turnkey, including brand-new furniture, new appliance packages, TV’s in every room, all linens and towels, beach gear, fully equipped kitchens with multiple small appliances, allowing for a seamless transition to immediate rental income or personal use. Blending dependable in-place income with meaningful upside through rent growth, this property is positioned to deliver strong performance with minimal operational lift. With its prime beachside location, strong rental potential, and fully updated interiors, it presents a rare opportunity to own a multi-unit coastal property on Ocean Avenue in Point Pleasant Beach. Maximize income by renting all four units or create your own private seaside escape while generating additional revenue. A comprehensive list of property features and included items is available upon request.

Listing Status:

Active

Data Last Updated:

May 10, 2026 at 7:16AM

Listing Office:

LPT Realty, LLC : 8773662213

Listing Agent:

Erik Ewell : 6097037906

MLS ID:

NJOC2038074

Interior

• Appliances: DryerWasherRefrigeratorStove
• Basement: Unfinished
• Flooring: Engineered wood
• A/C: Central A/CCeiling Fan(s)Multi UnitsWindow Unit(s)
• Heating: CentralForced AirNatural Gas
• Disability Feature: 2+ Access Exits

Exterior

• General: Outside ShowerSecure StorageAbove GradeBelow Grade
• Style: Other
• Other Structures: DeckPatio

Construction

• Roofing: Architectural Shingle
• General: Frame

Location

• Originating MLS: BRIGHT_MAIN
• County: OCEAN-NJ

Lot

• Zoning: RR126-00121-00004 01

Utilities

• Utilities: Electric availableNatural gas availableSewer availableWater availableCable tv available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN