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!
For sale
Price cut: $100K (6/4)
$1,699,000
140 Ocean Avenue, Point Pleasant Beach, NJ 08742
10beds
--sqft
Multi Family
Built in ----
-- sqft lot
$1,654,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 28 days |
- 1,333 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
James H Ward 732-995-2441,
Keller Williams Realty Ocean Living,
Paul Criscuolo 732-513-9963,
Keller Williams Realty Ocean Living
Source: MoreMLS,MLS#: 22616740
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- 3+ Zoned Heat
Cooling
- Multi Units
Features
- Flooring: Wood, Laminate
- Basement: Partial
- Number of fireplaces: 1
Property
Parking
- Parking features: On Street
Features
- Stories: 1
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 260012100000000401
- Zoning description: Non-Conforming
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
Location
- Region: Point Pleasant Beach
Financial & listing details
- Tax assessed value: $533,800
- Annual tax amount: $9,624
- Date on market: 6/4/2026
Estimated market value
$1,654,800
$1.57M - $1.74M
$2,631/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $1,699,000-5.6% |
Source: | ||
| 4/24/2026 | Price change | $1,799,000-2.8% |
Source: | ||
| 4/8/2026 | Price change | $1,850,000-1.3% |
Source: | ||
| 3/27/2026 | Price change | $1,875,000-1.3% |
Source: | ||
| 3/1/2026 | Price change | $1,899,000-1.4% |
Source: | ||
| 2/26/2026 | Price change | $1,925,000-2.8% |
Source: | ||
| 12/10/2025 | Price change | $1,980,000-1% |
Source: | ||
| 10/30/2025 | Listed for sale | $2,000,000+0.1% |
Source: | ||
| 10/4/2025 | Listing removed | $1,999,000 |
Source: | ||
| 7/9/2025 | Price change | $1,999,000-9.1% |
Source: | ||
| 4/4/2025 | Listed for sale | $2,200,000+171.6% |
Source: | ||
| 10/23/2020 | Sold | $810,000-6.3% |
Source: | ||
| 8/5/2020 | Pending sale | $864,900 |
Source: BHHS Fox & Roach Brick #22023398 Report a problem | ||
| 7/12/2020 | Listed for sale | $864,900+45.4% |
Source: Berkshire Hathaway HomeServices Fox & Roach #22023398 Report a problem | ||
| 7/29/2019 | Listing removed | $2,000 |
Source: Owner Report a problem | ||
| 7/11/2019 | Listed for rent | $2,000 |
Source: Owner Report a problem | ||
| 5/24/2017 | Sold | $595,000-6.3% |
Source: | ||
| 4/13/2017 | Pending sale | $635,000 |
Source: Coldwell Banker Riviera Realty, Inc. #21616068 Report a problem | ||
| 7/16/2016 | Price change | $635,000-2.2% |
Source: Coldwell Banker Riviera Realty, Inc. #21616068 Report a problem | ||
| 4/25/2016 | Listed for sale | $649,000-15.2% |
Source: Coldwell Banker Riviera Realty #21616068 Report a problem | ||
| 11/7/2012 | Listing removed | -- |
Source: Coldwell Banker Riviera Realty, Inc. #21217207 Report a problem | ||
| 9/22/2012 | Price change | $765,000+900% |
Source: Coldwell Banker Riviera Realty, Inc. #21217207 Report a problem | ||
| 9/19/2012 | Price change | $76,500-90.1% |
Source: Coldwell Banker Riviera Realty, Inc. #21217207 Report a problem | ||
| 5/8/2012 | Listed for sale | $775,000+17.4% |
Source: Coldwell Banker Riviera Realty #21217207 Report a problem | ||
| 10/15/2003 | Sold | $660,000+88.6% |
Source: Public Record Report a problem | ||
| 2/2/2000 | Sold | $350,000+146.5% |
Source: Public Record Report a problem | ||
| 5/7/1996 | Sold | $142,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $8,642 +2.3% | $533,800 |
| 2022 | $8,450 | $533,800 |
| 2021 | $8,450 +1.5% | $533,800 |
| 2020 | $8,322 +1.6% | $533,800 |
| 2019 | $8,194 +1.6% | $533,800 |
| 2018 | $8,066 -0.5% | $533,800 |
| 2017 | $8,103 +0.8% | $533,800 |
| 2016 | $8,039 +0.5% | $533,800 |
| 2015 | $8,002 +13% | $533,800 |
| 2014 | $7,081 | $533,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 08742
Nearby schools
GreatSchools rating
- 8/10G Harold Antrim Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 7/10Point Pleasant Beach High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Antrim
- High: Point Pleasant Beach
Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Ocean County
- Point Pleasant Beach
- 08742
- 140 Ocean Avenue
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