140 Ocean Ave Point Pleasant Beach, NJ 08742
Point Pleasant Beach NeighborhoodEstimated payment $11,635/month
Highlights
- Wood Flooring
- 1 Fireplace
- Patio
- G Harold Antrim Elementary School Rated A-
- Multiple cooling system units
- Zoned Heating
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,171
Year Built
- Built in 1936
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 25x135
Parking
- On-Street Parking
Home Design
- Quadruplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- 1 Fireplace
- Partial Basement
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Antrim Elementary School
- Point Pleasant Beach High School
Utilities
- Multiple cooling system units
- Zoned Heating
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 26-00121-0000-00004-01
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,171 | $533,800 | $317,000 | $216,800 |
| 2024 | $8,893 | $533,800 | $317,000 | $216,800 |
| 2023 | $8,642 | $533,800 | $317,000 | $216,800 |
| 2022 | $8,642 | $533,800 | $317,000 | $216,800 |
| 2021 | $8,450 | $533,800 | $317,000 | $216,800 |
| 2020 | $8,439 | $533,800 | $317,000 | $216,800 |
| 2019 | $8,322 | $533,800 | $317,000 | $216,800 |
| 2018 | $8,194 | $533,800 | $317,000 | $216,800 |
| 2017 | $8,066 | $533,800 | $317,000 | $216,800 |
| 2016 | $8,103 | $533,800 | $317,000 | $216,800 |
| 2015 | $8,039 | $533,800 | $317,000 | $216,800 |
| 2014 | $8,002 | $533,800 | $317,000 | $216,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $1,999,000 | -9.1% | -- |
| 04/04/2025 04/04/25 | For Sale | $2,200,000 | +171.6% | -- |
| 10/23/2020 10/23/20 | Sold | $810,000 | -6.3% | -- |
| 08/04/2020 08/04/20 | Pending | -- | -- | -- |
| 07/12/2020 07/12/20 | For Sale | $864,900 | +45.4% | -- |
| 05/24/2017 05/24/17 | Sold | $595,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $971,922 | Equity Settlement Services | |
| Quit Claim Deed | $971,922 | Equity Settlement Services | |
| Deed | $810,000 | East Coast Title Agency | |
| Deed | $810,000 | East Coast Title | |
| Deed | $595,000 | -- | |
| Deed | $660,000 | -- | |
| Deed | $350,000 | -- | |
| Deed | $142,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,368,750 | New Conventional | |
| Closed | $1,368,750 | New Conventional | |
| Previous Owner | $795,328 | FHA | |
| Previous Owner | $446,250 | New Conventional | |
| Previous Owner | $453,000 | New Conventional | |
| Previous Owner | $495,000 | No Value Available | |
| Previous Owner | $262,500 | No Value Available | |
| Previous Owner | $170,000 | Unknown | |
| Previous Owner | $175,000 | FHA |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22509672
APN: 26-00121-0000-00004-01
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Information is deemed reliable but not guaranteed.
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