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140 Ocean Ave, 
Point Pleasant Beach, NJ 08742

$1,980,000

2

Beds

—

Bath

2,611

Sq Ft

Multi-Family

Active

Listed by

Erik Ewell

Lpt Realty, LLC., 8773662213, njbrokers@lptrealty.com

Last updated:

January 20, 2026, 02:43 PM

MLS#

NJOC2038074

Source:

BRIGHTMLS

About This Home

140 Ocean Ave

Welcome to Point Pleasant Beach! Rent Ready: 6.8% Cap rate! $135,000 Net Operating Income Year to Date. This 4 unit compound on beach block features 2 buildings with patios, decks, outside showers, and storage. Unit 1 has 4 bedrooms, 2 full bathrooms. Unit 2 has 4 bedrooms, 1 full bathroom. Unit 3 has 1 bedroom, 1 full bathroom. Unit 4 has 1 bedroom, 1 full bathroom. The 2025 rent consists of short term rentals in units 1 and 2, along with month to month rentals in units 3 and 4. There is potential for more income if all units are utilized as short term rentals. Open House: Saturday 12/20 at 3:00 pm to 5:00 pm

Home Facts

Multi-Family

2 Bedrooms

Built in 1936

Price Summary

1,980,000

$758 per Sq. Ft.

MLS #:

NJOC2038074

Last Updated:

January 20, 2026, 02:43 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Structure

Structure

Building Area:

2,611 Sq. Ft.

Year Built:

1936

Lot

Lot Size (Sq. Ft):

3,484

Finances & Disclosures

Finances

Price:

$1,980,000

Price per Sq. Ft:

$758 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.