140 Ocean Avenue, Point Pleasant Beach, NJ 08742

New Listing
$1,699,000
Property Type: Multi-Family Bedrooms: 10 Baths: 5 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $1,699,000 List Date: 6/04/2026 Last Modified: 6/04/2026

Overview

Description

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

Supplements: 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!

Listing Details MLS# 22616740

Contract Info

Property Sub-Type
Four Family
New Construction
No

Location

House Number
140
Street Name
Ocean
Street Suffix
Avenue
County
Ocean
Municipality
Point Pleasant Beach (PPB)
Postal City
Point Pleasant Beach
State
NJ
Zip Code
08742
Area/Section
None
Complex/Subdivision
None
Elementary School
Antrim
High School
Point Pleasant Beach
Other High
Trinity Hall
Directions
Broadway to S on Ocean or Arnold to Left on Ocean, near corner of Water St.

General Property Info

# Units in Bldg
4
Full Baths
5
Total Baths
5
# Levels
Yes
Fireplace
Yes
# Fireplaces
Yes
Handicap Access
No
# Acres
0.08
Garage
No
Pool
No
Waterfront
No
Waterview
No
Basement
No
# Car Garage
0

Tax and Legal

Asmnt - Total
1326800
Deed Restricted
No
Taxes
9624
Tax Year
2025

Unit 1

# Bedrooms
4
# Full Baths
2
Dishwasher
Yes
Dryer
Yes
Gas Stove
Yes
Refrigerator
Yes
Washer
Yes

Unit 2

# Bedrooms
4
# Full Baths
Yes
Dishwasher
Yes
Dryer
Yes
Gas Stove
Yes
Refrigerator
Yes
Washer
Yes

More Information

Unit 3

# Bedrooms
Yes
# Full Baths
Yes

Unit 4

# Bedrooms - Unit 4
Yes
# Full Baths - Unit 4
Yes

Zoning

Non-Conforming
Yes

Showing

Showing Time
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Floors

Laminate
Yes
Wood
Yes

Basement

Partial
Yes

Cooling

Multi Units
Yes

Water Heater

Natural Gas
Yes

Heating

3+ Zoned Heat
Yes
Natural Gas
Yes

Exterior

Patio
Yes

Parking

On Street
Yes

Assessment Status

Assessed
Yes

Siding

Vinyl
Yes

Roof

Shingle
Yes

Property Features

Unit 1: Dishwasher; Dryer; Gas Stove; Refrigerator; Washer Unit 2: Dishwasher; Dryer; Gas Stove; Refrigerator; Washer Basement: Partial Floors: Laminate; Wood Cooling: Multi Units Heating: 3+ Zoned Heat; Natural Gas Water Heater: Natural Gas Exterior: Patio Siding: Vinyl Roof: Shingle Parking: On Street Zoning: Non-Conforming Assessment Status: Assessed Showing: Showing Time
IDX
Listing Office: Keller Williams Realty Ocean Living
Listing Agent: James H Ward
Source MLS Verified
Last Updated: June - 04 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.