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    115 Channel Dr Point Pleasant Beach, NJ 08742

    For Sale
    $2,900,000

    COMMERCIAL - Point Pleasant Beach, NJ

    Property size:
    1,420 SF
    Lot size:
    0.29 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 115 Channel Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    26-00171-0000-00008
    Parking features
    Off Street
    Exterior features
    Outdoor Shower
    Basement
    Full
    Size
    1,420 SF
    Lot size
    0.29 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    River Front

    Building Details

    Year built
    1948
    Floors in Building
    1
    Building materials
    Aluminum Siding
    Roof type
    Shingle

    C21/ Herbertsville Real Estate (732) 458-6262

    Listing agent Lindsay Woodruff (732) 458-6262

    Listing date Aug 24, 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

    Riverfront Land in Point Pleasant

    This is an incredible opportunity to own riverfront land in a prime location, situated just inside the Manasquan Inlet within the heart of Point Pleasant Beach's maritime and fishing hub. The property is zoned Marine Commercial and includes the adjacent lot at 113 Channel Dr (Lots 7 and 8 Block 171). The lot size is 0.29 acres, which is equivalent to 1420 square feet. Permitted uses include marine, fisheries, co-ops, restaurants, breweries, commercial and recreational boating operations, maintenance, and storage. Channel Drive benefits from consistent traffic and exposure and has seen improvements with new townhomes, restaurants, and attractions over the last decade, with plans for further redevelopment and opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Point Pleasant Beach
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.041733
    Latitude
    40.101914

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    FAQs

    What type of property is this?
    Commercial land - Prime riverfront land in Point Pleasant Beach's maritime hub.
    Where is this commercial land located?
    The property is located at 115 Channel Dr Point Pleasant Beach, NJ.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Prime riverfront location inside Manasquan Inlet.; - Zoned Marine Commercial with many permitted uses (marine, fisheries, restaurants, breweries, boating operations, etc.).; - Includes adjacent lot (113 Channel Dr, Lots 7 & 8 Block 171).
    (732) 458-6262
    Request Owner's contact information
    115 Channel Dr Point Pleasant Beach, NJ 08742
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    Point Pleasant Beach, NJ 08742
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    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
    115 Channel Dr Point Pleasant Beach, NJ 08742
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