5
Baths
2,611 Sq. Ft.
$689 / Sq. Ft.
2,611
Sq. Ft.
$689
per Sq. Ft.

Description

Conveniently located on Ocean Avenue, just one block from the beach and minutes from Jenkinson’s Boardwalk, this rare turnkey 4-unit property in highly desirable Point Pleasant Beach presents an exceptional opportunity for both investors and coastal lifestyle buyers. Whether you're seeking a high-performing income property or a private beachside compound for family and friends, this versatile offering delivers on every level. This unique oceanside compound features four units totaling 10 bedrooms...Conveniently located on Ocean Avenue, just one block from the beach and minutes from Jenkinson’s Boardwalk, this rare turnkey 4-unit property in highly desirable Point Pleasant Beach presents an exceptional opportunity for both investors and coastal lifestyle buyers. Whether you're seeking a high-performing income property or a private beachside compound for family and friends, this versatile offering delivers on every level. This unique oceanside compound features four units totaling 10 bedrooms and 5 bathrooms. The front home is a standalone 4-bedroom, 2-bath single-family residence, fully gut renovated in 2025—taken down to the studs and completely reimagined with all new layout, systems, and finishes. It opens to a gated backyard that has been newly refreshed, fully furnished, and outfitted with new outdoor showers—ideal for entertaining or unwinding after a day at the beach. The back top unit is a fully renovated 4-bedroom, 1-bath residence showcasing modern coastal design, complete with granite countertops, custom wood cabinetry, porcelain tile flooring, two private entrances, and its own furnished deck with a grill. Both larger units feature custom kitchens, brand-new appliance packages, in-unit laundry, and thoughtfully curated interiors designed to elevate the guest experience. Rounding out the property are two one-bedroom units, each with separate entrances. One is leased to a long-term tenant, providing reliable income, while the other is fully renovated and newly furnished—offering a turnkey opportunity for immediate occupancy, market-rate leasing, or high-demand short-term summer rentals. The front home, back top unit, and back lower one-bedroom unit are offered fully stocked and turnkey, including brand-new furniture, new appliance packages, TV’s in every room, all linens and towels, beach gear, fully equipped kitchens with multiple small appliances, allowing for a seamless transition to immediate rental income or personal use. Blending dependable in-place income with meaningful upside through rent growth, this property is positioned to deliver strong performance with minimal operational lift. With its prime beachside location, strong rental potential, and fully updated interiors, it presents a rare opportunity to own a multi-unit coastal property on Ocean Avenue in Point Pleasant Beach. Maximize income by renting all four units or create your own private seaside escape while generating additional revenue. A comprehensive list of property features and included items is available upon request.
  1. Listed by Erik Ewell • LPT Realty, LLC
    P: (609)-703-7906 erikewell.realty@gmail.com
  2. Listed by Joseph B Bograd • LPT Realty, LLC
    P: (267)-246-9729 jbograd@gmail.com

Property Details for 140 North Ocean Avenue

Tax ID Number
26-00121-00004 01
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Subdivision
POINT PLEASANT BEACH
Subdivision
POINT PLEASANT BEACH (OCEAN NJ)
LISTING UPDATED: 05/14/2026 11:07 PM

Property Details for 140 North Ocean Avenue

StatusActive
MLS #NJOC2038074
Days on Market200
Taxes$9,624 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1936
Lot Size0.08 AC / 3,402 SF
CountyOcean County

Location

Listing Courtesy of LPT Realty, LLC
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Building Information for 140 North Ocean Avenue

Stories-Residences4Year Built1936Building Size-Lot Size0.08 AC / 3,402 SF

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Principal and Interest

$8,965

Property Taxes

$802

HOA Dues

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Property Information for 140 North Ocean Avenue

Location
Location
  • County: OCEAN
  • MLS Area: Point Pleasant Beach Boro (21526)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $533,800
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $216,800
  • City Town Tax: $0
  • Land Assessed Value: $317,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RR1
  • Tax Lot: 00004 01
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: All
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 4
  • Half Baths Count: 0
  • Full Baths Count: 2
  • Total Rooms: 7
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 4
  • Full Baths Count: 1
  • Total Rooms: 7
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 4
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 4
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanblock
  • Parcel ID: 3070276
Parking
Parking
  • Type Of Parking: Off Site, Parking Lot
Interior Features
Interior Features
  • Appliances: Dryer, Washer, Refrigerator, Stove
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Exterior Features: Outside Shower, Secure Storage
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available, Cable TV Available
  • Heating: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s), Multi Units, Window Unit(s)
  • Cooling Fuel: Natural Gas, Electric
  • Heating Type: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Atlantic City & County Board of REALTORS

Property History for 140 North Ocean Avenue

DateEvent & SourcePriceAppreciation
May 1, 2026

Listed (Active)

BRIGHT #NJOC2038074

May 1, 2026

Listed (Active)

MOMLS #22537140

Apr 27, 2026

Withdrawn

BRIGHT #NJOC2038074

DateEvent & SourcePrice
05/01/2026

Listed (Active)

BRIGHT #NJOC2038074

05/01/2026

Listed (Active)

MOMLS #22537140

04/27/2026

Withdrawn

BRIGHT #NJOC2038074

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 140 North Ocean Avenue

Taxable ValueLand$317,000Additions$216,800Total$533,800
Tax Record2024$9,171 ($764 / month)
Home Facts
Beds2Total Finished SqFt2,611 SqFtAbove Grade Finished SqFt2,611 SqFtStories1Lot Size3,400 SqFtStyleSingle Family ResidenceYear Built1936ZoningRR1CountyOCEANAPN26 00121-0000-00004- 01

Schools near 140 North Ocean Avenue

This home is within Point Pleasant Beach Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
G Harold Antrim Elementary School
PublicPK to 8

Point Pleasant Beach High School
Public9 to 12

St Peter School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

140 North Ocean Avenue is a multi-family home for sale in Point Pleasant Beach, NJ 08742. This property was listed for sale on October 29, 2025 by LPT Realty, LLC, it's currently listed at $1,799,000. It has been on the market for a total of 200 days and was last sold on October 23, 2020. This listing's school district is Point Pleasant Beach Board Of Education School District. Nearby schools include G Harold Antrim Elementary School, Point Pleasant Beach High School and St Peter School. 140 North Ocean Avenue is a 10-bed, 5-bath, 2,611 sqft multi-family home built in 1936.

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Listing Courtesy of LPT Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.