$ 1,799,000
-
$1,799,000
Price -
2
Bed -
5
Bath -
2,611
SqFt
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About the Listing LPT6 - 3384635,3357441
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.
Listing Highlights
Status
Active
Days on Site
188
Property Type
Multi-Family
MLS ®
NJOC2038074
Year Built
1936
Total Square Footage
2,611
Lot/Acreage
0.08
Interior Details
- Bedrooms: 2
- Bathrooms: 5 Full
- Appliances: Dryer, Washer, Refrigerator, Stove
- Air Cond: Central A/C,Ceiling Fan(s),Multi Units,Window Unit(s)
- Heating: Central,Forced Air
- Fireplaces:
- Floor: Engineered Wood
- Above Ground Sq Ft: 2611
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: RR1
- Roof: Architectural Shingle
- Others: Outside Shower,Secure Storage,Excellent
- Sewer: Public Sewer
- Parking Features: Off Site,Parking Lot
Financial Details
- Tax Amount: $9,624
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
140 Ocean Ave Point Pleasant Beach, NJ 08742
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