140 Ocean Avenue, Point Pleasant Beach, NJ 08742 (MLS# 22616740)

140 Ocean Avenue, Point Pleasant Beach, NJ 08742

$1,699,000

Property Type: Multi-Family Bedrooms: 10 Baths: 5 Lot Size (sq. ft.): 3,485 Status: Pending

Current Price: $1,699,000 List Date: 6/04/2026 Last Modified: 8/31/2026

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

Tax and Legal

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

Status Change Info

Under Contract Date: 2026-08-20

Unit 1

# Bedrooms: 4
# Full Baths: 2

More Information

Unit 2

# Bedrooms: 4
# Full Baths: Yes

Unit 3

# Bedrooms: Yes
# Full Baths: Yes

Unit 4

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

Listing Office: Keller Williams Realty Ocean Living

Listing Agent: James H Ward

Last Updated: August - 31 - 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.