Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1008 Ocean Ave Point Pleasant Beach, NJ 08742

    Pending
    For Sale
    $10,500,000

    COMMERCIAL - Point Pleasant Beach, NJ

    Property size:
    10,868 SF
    Lot size:
    0.86 Acres
    Days on Market:
    89
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 1008 Ocean Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement
    APN
    26-00045-0000-00001
    Parking features
    Off Street
    Basement
    Partial
    Size
    10,868 SF
    Lot size
    0.86 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public
    Water front features
    Ocean Front
    Water front
    1

    Building Details

    Floors in Building
    2
    Building materials
    Shingle Siding, Block, Stucco
    Roof type
    Asphalt, Shingle

    Shire Realty Inc (732) 528-6560

    Listing agent Jeanette Schlapfer (732) 528-6560

    Listing date Sep 16, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oceanfront Motel Prime Coastal Property

    This oceanfront motel, located on a wide stretch of coastline, presents an investment opportunity with 44 rooms and views for leisure and business travelers. The property includes a 2-bedroom apartment with a private balcony facing the ocean and views of the pool. Additionally, a 4-bedroom, 3.5-bath home is situated within one of the three buildings on this spacious corner lot. The property is zoned RR3, offering possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Windswept Motel Motel

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Banquets at the White Sands, Point Beach House, Carousel Inn, Cordileone Beach House, Driftwood Motel

    Location Insight

    • Map
    • Local Demand
    City
    Point Pleasant Beach
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.038569
    Latitude
    40.087361

    Nearby Similar for Sale

    • New
      $110,000
      0.13 Acres

      Pizzeria Opportunity on Ocean Avenue

      State-of-the-art pizzeria for sale in Point Pleasant Beach.
      136 Ocean Ave, Point Pleasant Beach, NJ 08742
      View Details
    • New
      $899,999
      2,326 SF

      Point Pleasant Beach Duplex

      Two-family duplex near beach, boardwalk, and train station.
      503 Atlantic Ave, Point Pleasant Beach, NJ 08742
      View Details
    • New
      $680,000
      2,900 SF

      Commercial Building on Route 88

      Commercial building on Route 88 with excellent visibility.
      3156 Route 88, Point Pleasant Beach, NJ 08742
      View Details
    • New
      $1,200,000
      3,378 SF

      Point Pleasant Beach Commercial Opportunity

      Commercial property in downtown Point Pleasant Beach, zoned for general commercial.
      401 Richmond Ave, Point Pleasant Beach, NJ 08742
      View Details
    • $695,000
      0.17 Acres

      Point Pleasant Commercial Building For Sale

      Mint condition commercial building suitable for various business uses.
      838 Beaver Dam Rd, Point Pleasant Beach, NJ 08742
      View Details
    • $3,500,000
      10,080 SF

      Point Pleasant Beach Motel Opportunity

      29-room motel near beach, ideal for redevelopment or investment.
      210 Arnold Ave, Point Pleasant Beach, NJ 08742
      View Details

    FAQs

    What type of property is this?
    Motel - Oceanfront motel with 44 rooms, apartment, and a spacious home.
    Where is this motel located?
    The property is located at 1008 Ocean Ave Point Pleasant Beach, NJ.
    What is the asking price?
    The asking price for this property is $10,500,000.
    What are key features of this property?
    This property features: - Oceanfront location with breathtaking views.; - 44-room motel providing a significant income opportunity.; - RR3 zoning offers endless possibilities for development or expansion.
    (732) 528-6560
    Request Owner's contact information
    1008 Ocean Ave Point Pleasant Beach, NJ 08742
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1008 Ocean Ave
    Point Pleasant Beach, NJ 08742
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1008 Ocean Ave Point Pleasant Beach, NJ 08742
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.