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    545 Summit Dr Point Pleasant Beach, NJ 08742

    For Sale
    $850,000

    Legal two-family home in desirable Point Pleasant neighborhood, near beach.

    Property size:
    2,146 SF

    Property Features for 545 Summit Dr

    General Information

    Size
    2,146 SF

    Building Details

    Year built
    1959

    Source: Keller Williams Ocean Living Agent Alice Barber

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

    Overview

    Point Pleasant Two-Family Home

    This legal two-family home is situated in a desirable and quiet neighborhood in Point Pleasant Borough, approximately 2 miles from the beach. The property is located within the highly rated #2 school district in Ocean County. The home features new flooring throughout and soaring vaulted ceilings that provide abundant natural light. The kitchen has been newly renovated for modern living. Over 40 linear feet of custom closet space provides ample storage that is easily adaptable. The property sits on a generous lot, offering room for an addition or future expansion. This property offers shore-town charm, modern updates, and income-producing potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

    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
    -74.0872581
    Latitude
    40.0846024

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    FAQs

    What type of property is this?
    Duplex - Legal two-family home in desirable Point Pleasant neighborhood, near beach.
    Where is this duplex located?
    The property is located at 545 Summit Dr Point Pleasant Beach, NJ.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Legal two-family home offering income-producing potential.; - Located in a highly rated school district (#2 in Ocean County).; - Prime location in a desirable and quiet neighborhood of Point Pleasant Borough.
    Request Owner's contact information
    545 Summit Dr 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
    545 Summit Dr Point Pleasant Beach, NJ 08742
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