$2,200,000

140 Ocean Ave Point Pleasant Beach, NJ 08742

$10,000
Closing credit¹
10 beds
5 full
0.08 acres
Multi-Family

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

Home typeMulti Family
HeatingZoned
StatusActive
CoolingMulti Unit(s)
BasementYes
Lot size0.08 Acres
Year built1936
ParkingOn Street
MLS #22509672

Summary

  • MLS Number: 22509672
  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • Office Name: Keller Williams Realty Ocean Living
  • Listing Agent: James H Ward

IDX 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: 4/5/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bird's eye view featuring a water view, a view of the beach, and a residential view

$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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,204. The most common annual income of people living in Point Pleasant Beach, NJ is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

34%
<35k
47%
35k-100k
15%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
7%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Stein MartStein Mart
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • LincolnLincoln
  • VolvoVolvo
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • Talk/PersonalityTalk/Personality
  • RockRock
All data provided by Home Junction and Claritas

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.

Point Pleasant Beach, NJ housing market in March 2025 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 5 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.

From Rocket Homes Real Estate and based on county public records data.

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