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$1,980,000
3 Days On Site

140 Ocean Avenue
Point Pleasant Beach, NJ 08742

For Sale|Quadruplex|Active
10
Beds
5
Total Baths
5
Full Baths
2,953
SqFt
$671
/SqFt
1936
Built
Subdivision:
None
County:
Ocean
Call Now: 732-233-1891
Is this the listing for you? We can help make it yours.
732-233-1891
140 Ocean Avenue140 Ocean Avenue140 Ocean Avenue140 Ocean Avenue
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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.

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Listing Snapshot
Price 
$1,980,000
Days On Site 
3 Days
Bedrooms 
10
Inside Area (SqFt) 
2,953 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1936
MLS® Number 
22537140
Status 
Active
Property Tax 
$9,624
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.08
Parking 
On StreetNone
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
2953
Water Source 
Public
Zoning 
Non-Conforming
Interior Features
Appliances 
Gas Water Heater
Basement 
Partial
Cooling 
Multi Units
Flooring 
WoodLaminate
Heating 
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Exterior Features
Other Structures 
Shed(s)
Patio And Porch 
Patio
Roof 
Shingle
Community Features
Financing Terms Available 
VA LoanFHACashConventionalContract
MLS Area 
Pt Pleasant Bch
Schools
School District
Unknown
Elementary School
Antrim
Middle School
Unknown
High School
Point Pleasant Beach
Listing courtesy of Erik Ewell of LPT Realty



Properties marked with this logo are courtesy of the Monmouth Ocean Regional MLS. Data deemed reliable but not guaranteed. Monmouth Ocean Regional REALTORS ®

Neighborhood & Commute
Source: Walkscore
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