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$1,899,000
10 Beds
5 Baths5 full baths
2,953sqft
140 Ocean Ave, Point Pleasant Beach, NJ 08742
$1,899,000
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Quadruplex
Built in 1936
$-- HOA
0.08 acre lot
$643/sq.ft
Description
Welcome to Point Pleasant Beach! Rent Ready: 7.1% 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.
- Houzeo last checked: 56 Minutes ago
- Listing updated: March 22, 2026 at 6:42 am
- Listing Provided by: Erik Ewell (877) 366-2213 | LPT Realty
- Source: Monmouth Ocean Regional MLS-NJ | MLS#: 22537140
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1936
HOA Fees
-
Finished Area
2,953 sqft
Lot Size
0.08 acre lot
Basement Area
- sqft
MLS Name
Monmouth Ocean Regional MLS
MLS Number
22537140
MLS Status
Active
Days on Market
90
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