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$1,980,000
2 Beds
-- Bath
2,611sqft
140 Ocean Ave, Point Pleasant Beach, NJ 08742
$1,980,000
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Quadruplex
Built in 1936
$-- HOA
3,402 sqft lot
$758/sq.ft
Description
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. One 1 bedroom is currently rented.
- Houzeo last checked: 3 Hours ago
- Listing updated: January 31, 2026 at 8:40 pm
- Listing Provided by: Erik Ewell (609) 703-7906 | LPT Realty, LLC (877) 366-2213
- Source: Bright MLS-NJ | MLS#: NJOC2038074
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1936
HOA Fees
-
Finished Area
2,611 sqft
Lot Size
3,402 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
NJOC2038074
MLS Status
ACTIVE-BRIGHT
Days on Market
95
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