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    216 Ocean Ave Point Pleasant Beach, NJ 08742

    For Sale
    $574,900

    Mixed-use property steps from the shoreline and boardwalk.

    Property size:
    484 SF
    Lot size:
    0.05 Acres

    Property Features for 216 Ocean Ave

    General Information

    Standard status
    Active
    Size
    484 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1930

    Source: KELLER WILLIAMS REALTY WEST MONMOUTH Agent BRAD GARDNER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Mixed-Use Location Near Boardwalk

    This mixed-use property is located in Point Pleasant Beach, situated steps from the shoreline and the boardwalk. The location offers high foot traffic and visibility. Zoned RR1, the property allows for single-family detached residences and grandfathered commercial uses. This property is suitable for investors, restauranteurs, or small business owners. The location is near rides, arcades, dining, and entertainment. This property offers flexibility and beach-town charm. The property size is 484 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Beach Shack Deli

    Suggested Use

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

    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
    -74.0367851
    Latitude
    40.096161

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    FAQs

    What type of property is this?
    Retail space - Mixed-use property steps from the shoreline and boardwalk.
    Where is this retail space located?
    The property is located at 216 Ocean Ave Point Pleasant Beach, NJ.
    What is the asking price?
    The asking price for this property is $574,900.
    What are key features of this property?
    This property features: - Prime location in the heart of Point Pleasant Beach, steps from the shoreline and Boardwalk.; - High foot traffic and visibility, ideal for commercial ventures.; - Flexible RR1 zoning allows for single-family residences and grandfathered commercial uses.
    (732) 536-9010
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    216 Ocean Ave 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
    216 Ocean Ave Point Pleasant Beach, NJ 08742
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