$1,980,000

140 Ocean Avenue, Point Pleasant Beach, NJ 08742

  • 10 beds |
  • 5 baths |
  • 2,953 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1936
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $671/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
December 22, 2025
Data Last Updated:
February 7, 2026 at 3:39PM
Listing Office:
LPT Realty : 877-366-2213
Listing Agent:
Erik Ewell : 877-366-2213
MLS ID:
22537140
  • Flooring: WoodLaminate
  • A/C: Multi Units
  • Heating: 3+ Zoned Heat
  • Roofing: Shingle
  • Originating MLS: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • County: Ocean
  • Zoning: 26-00121-0000-00004-01
  • Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Presented by Veterans United Realty

This listing courtesy of Erik Ewell , LPT Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

G. Harold Antrim Elementary School

401 Niblick St, Point Pleasant Beach, NJ, 08742

Grades PK-8

0.56 miles away

G

G. Harold Antrim Elementary School

401 Niblick St, Point Pleasant Beach, NJ, 08742

Grades PK-8

0.56 miles away

P

Point Pleasant Beach High School

700 Trenton Ave, Point Pleasant Beach, NJ, 08742

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.