This is a Coming Soon listing and cannot be shown until October 1st, 2026. Oceanfront opportunity in Lavallette with exceptionally low property taxes! Situated directly on the ocean, this unique 5-bedroom, 3-bath property offers the rare combination of beachfront living, income potential, and long-term upside. The home consists of two units: a spacious 2 BR, 2 BTH upstairs and a 3 BR downstairs unit, providing flexibility for extended family, rental income, or a combination of both. While the home retains much of its original character, it presents an exciting opportunity to renovate and create a custom oceanfront retreat tailored to your vision. For those looking further ahead, the property also offers the potential to eventually rebuild and create a new oceanfront home. Combined with Lavallette's notably low property taxes, this is an opportunity to own an oceanfront property in a highly desirable Jersey Shore community while keeping the carrying costs comparatively attractive.