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Oceanfront Land with Motel
For Sale
$10,500,000
Pending

1008 Ocean Avenue, Point Pleasant Beach, NJ 08742

Oceanfront property near downtown and boardwalk with motel.

Property Size10,868 SF
Lot Size0.86 Acres
Days on Market756

Property Features for 1008 Ocean Avenue

General Information

Standard status Pending
Size 10,868 SF
Lot size 0.86 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $63,991

Amenities

Curbing
Oceanside
Possible Subdivision
Listing Agency: SHIRE REALTY INC
Listed By: JEANETTE SCHLAPFER
Source: Corcoran
Added: Jul 17, 2024 Changed: Aug 8 Last Checked: Aug 8 at 12:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHIRE REALTY INC

Investment Insights

Based on property information with market context.

This oceanfront property, spanning just under an acre, is zoned RR3, offering various possibilities for development. Currently, the Windswept Motel occupies the site, a well-known seaside motel featuring an oceanfront pool. The property's location provides convenient access to downtown Point Pleasant Beach and the boardwalk's attractions. The property size is 10868 square feet. This property presents a valuable opportunity for its next owner due to its location and zoning.

Key Highlights

  • Oceanfront property on almost an acre
  • RR3 zoning allows for multiple development possibilities
  • Proximity to Downtown Point Pleasant Beach

Property Analytics

Current Use

Windswept Motel Hotel & Motel

Suggested Use

Top Pick Dental Office Garden Center (Bike/Boat/Book/etc) Store Electrical Service Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby
Well-served
Demand for This Use

Demographics for 08742, NJ

25,056
Population
12,604
Households
2
Avg Household Size
46
Median Age
52%
College-Educated
95%
High-School Grad
5.6 sq mi
ZIP Area
4,474
Density / Sq Mi
$111,983
Median Household Income
$57,547
Median Earnings
$1,879
Median Rent
$576,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Rodeway Inn Point Pleasant Beach 88, 620 Ocean Rd, Point Pleasant, NJ 08742
  • Point Beach House 1412 Ocean Ave N, Point Pleasant Beach, NJ 08742
  • Driftwood Motel 1414 Ocean Ave N #4148, Point Pleasant Beach, NJ 08742
  • Point Pleasant Manor 310 Sea Ave, Point Pleasant Beach, NJ 08742
  • Dunes by the Ocean 1601 Ocean Ave N, Point Pleasant Beach, NJ 08742

Frequently Asked Questions

What type of property is this?
Motel - Oceanfront property near downtown and boardwalk with motel.
Where is this motel located?
The property is located at 1008 Ocean Avenue 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 property on almost an acre; RR3 zoning allows for multiple development possibilities; Proximity to Downtown Point Pleasant Beach
More about this property
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