Ocean Avenue

Point Pleasant Beach | New Jersey

The Definition of

Family Grace

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LPT Realty

Presented At

$1,980,000

Bedrooms

Bathrooms

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140

Ocean Avenue

Point Pleasant Beach | New Jersey

140 Ocean Avenue, Point Pleasant Beach, New Jersey, United States. , Point Pleasant Beach , New Jersey

Quadruplex in Point Pleasant Beach

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.

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Property Location

140 Ocean Avenue, Point Pleasant Beach, New Jersey, United States., Point Pleasant Beach New Jersey

Local Weather & Climate

Point Pleasant Beach, New Jersey

Current Conditions Updated recently

22 °F

Light snow

Feels Like 13°F

Humidity 95%

Wind 8 mph

Visibility 6.2 mi

Sunrise 12:09 PM

Sunset 10:07 PM

5-Day Forecast

Mon 26 Jan

Snow

High 25°

Low 24°

Tue 27 Jan

Clouds

High 21°

Low 11°

Wed 28 Jan

Clouds

High 20°

Low 13°

Thu 29 Jan

Clouds

High 20°

Low 9°

Fri 30 Jan

Clouds

High 17°

Low 6°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Point Pleasant Beach?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

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Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 140 Ocean Avenue, Point Pleasant Beach, New Jersey, United States have?

This other at 140 Ocean Avenue, Point Pleasant Beach, New Jersey, United States features 10 bedrooms.

What is the listing price for 140 Ocean Avenue, Point Pleasant Beach, New Jersey, United States?

This property is listed at $198,000,000.

What type of property is 140 Ocean Avenue, Point Pleasant Beach, New Jersey, United States?

This is a other located in Point Pleasant Beach, New Jersey. The property is situated in an established neighborhood with convenient access to local amenities and services.