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Two-Unit Coastal Duplex
For Sale
$499,000
Pending

216 Ocean Avenue, Point Pleasant, NJ 08742

Multi-Family, Point Pleasant, NJ

Property Size306 SF
Lot Size0.05 Acres
Days on Market138

Property Features for 216 Ocean Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Basement, Bathroom 2, Bedroom 1
Middle school Memorial
Directions Direct on Ocean
Subdivision Pt Plsnt Boro
Standard status Pending
APN 26-00120-0000-00009-02
Size 306 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6399

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1970
Floors in Building 1
Number of units 2
Listing Agency: Century 21 Venture Real Estate
Listed By: Fernando G Semiao
Added: May 7 Changed: Sep 17 Last Checked: Sep 21 at 12:06AM
MLS# 22613318

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex contains 306 square feet on a 0.05-acre lot and was built in 1970. The property includes two bedrooms, two bathrooms, a basement, and two distinct living arrangements. Unit C has a living area, bedroom, and full bathroom, while Unit D is configured as a studio.

Located at 216 Ocean Avenue in Point Pleasant, the property is near the beach and provides one parking space for each unit. Public water and public sewer serve the site. The compact layout and separate unit configurations support residential occupancy or rental use, subject to applicable requirements.

Key Highlights

  • Two‑unit duplex with 306 square feet of property size
  • 0.05‑acre lot with two designated parking spots
  • Unit C includes a living area, bedroom, and full bath

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Pharmacy Accounting Firm Storage Facility Auto Parts Store Electrical Service

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Compact duplex with separate residential layouts, dedicated parking, and public water and sewer service near the beach.
Where is this duplex located?
The property is located at 216 Ocean Avenue Point Pleasant, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex with 306 square feet of property size; 0.05‑acre lot with two designated parking spots; Unit C includes a living area, bedroom, and full bath
More about this property
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