140 Ocean Ave Point Pleasant Beach, NJ 08742
Property details
About 140 Ocean Ave
Rare Beachside Investment Opportunity - TURNKEY 4-Unit Property in Point Pleasant Beach! This Oceanside compound features two fully renovated cottages and two 1-bedroom apartments, offering a total of 10 bedrooms and 5 bathrooms—perfect for generating income or creating a private family getaway. The front and rear cottages have been completely updated with custom kitchens, full appliance packages, in-unit laundry, and TVs in every room. Each space is thoughtfully stocked with everything needed for a seamless stay, from linens and toiletries to beach towels, chairs, and baby gear. The newly redone outdoor area invites relaxation with outdoor showers and stylish furnishings, perfect for enjoying the coastal breeze. Street parking, the property includes overnight parking permits for added convenience. Best of all, this prime location is just steps from the famous Boardwalk, offering easy access to the beach, dining, and entertainment! Whether you're looking for a high-yield summer rental investment or a spacious beach retreat for extended family, this rare offering presents a unique opportunity here at the beach!
Highlights
Summary
- Full Bathrooms: 5
- Basement: Yes
- Flooring Type: Wood, Laminate
- Total Bedroom Count: 10
- Attached Garage: No
- Parking: On Street
- Exterior: Patio
- Heating: Zoned
- Cooling: Multi Unit(s)
- List Price: $2,200,000
- Annual Tax Amount: $8,893
- Tax Year: 2024
- Year Built: 1936
- Lot Size: 0.08 Acres
- MLS Number: 22509672
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: Keller Williams Realty Ocean Living
- Listing Agent: James H Ward
The data relating to real estate for sale on this web site 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 other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,200,000
140 Ocean Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 04, 2020 | Home Sold | $810,000 |
| Jun 15, 2017 | Home Sold | $595,000 |
| Oct 15, 2003 | Home Sold | $660,000 |
| Feb 03, 2000 | Home Sold | $350,000 |
| Apr 11, 1996 | Home Sold | $142,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $533,800 | $8,893 |
| 2022 | $533,800 | $8,642 |
| 2021 | $533,800 | $8,439 |
| 2020 | $533,800 | $8,439 |
| 2019 | $533,800 | $8,193 |
History based on county public records data.
Nearby schools
5
Ocean Road Elementary School
Public District PK-5
1.7 mi
•Benedict Street
6
Nellie F. Bennett Elementary School
Public District PK-5
2.5 mi
•Riviera Parkway
8
Old Mill Elementary School
Public District KG-5
3.2 mi
•2119 Old Mill Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,204. Residents of Point Pleasant Beach, NJ typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
PGA/LPGA
Symphony or Opera
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Boston Market
Chipotle
What do the neighbors drive?
Lincoln
Volvo
Mazda
What do the neighbors listen to?
Classical
Talk/Personality
Rock
This home is located at 140 Ocean Ave in Point Pleasant Beach, NJ and zip code 08742. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $2,200,000.
While more than 0 listings in Point Pleasant Beach, NJ in March 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below. In March 2025 in Point Pleasant Beach, NJ there were 34.5% more homes for sale than in February. Listings spent 26 days on the market in March 2025, and had a median list price of $885,000 during the same period.