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    Mixed-Use Retail and Apartment Building
    Updated: Mar 13
    Mixed-Use Retail and Apartment Building

    511 Bay Avenue, Point Pleasant Beach, NJ 08742

    $1,600,000
    7,956 sqft 0.12 AC lot
    Mixed‑use property in Point Pleasant Beach with 2 retail storefronts and 2 residential apartments, all currently occupied by long‑term tenants.
    Income: $3,100/mo (20‑year retail tenant), $3,000/mo (10‑year retail tenant), $1,900/mo 2BR, and $2,600/mo 3BR; annual gross income $127,200.
    About 1,000 SF of additional second‑floor space is currently used as tenant storage at no cost, with future expansion or conversion potential (subject to approvals).
    Heating includes forced air and baseboard; residential units use electric heat (tenant‑paid) and commercial units use gas heat (tenant‑paid).
    Utilities and services: public water and public sewer.
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    This listing looks promising.

    Here's a quick look at some key insights for

    511 Bay Avenue, Point Pleasant Beach, NJ 08742

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $92K
      Annual

    • Mortgage

      $600K
      Recorded
    View Property Analytics
    Mixed-Use Retail and Apartment Buildings
    Updated: Jul 13
    Mixed-Use Retail and Apartment Buildings

    515-525 Bay Avenue, Point Pleasant Beach, NJ 08742

    $2,950,000
    5,609 sqft
    Own 2 multi‑use buildings in downtown Point Pleasant Beach with combined retail space of approx. 2,300 SF
    Apartment mix includes 2 two‑bedroom, 1‑bath units and 2 one‑bedroom, 1‑bath units
    Tenant parking for 6 cars in the rear; additional parking available in nearby public lots
    Heating includes baseboard and forced air; public water and public sewer
    Zoned General Commercial
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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    502 Laurel Avenue, Point Pleasant Beach, NJ 08742

    $1,499,900
    2,781 sqft 0.20 AC lot

    Three residential units with separate layouts, plus an enclosed front porch and long driveway with backyard parking.

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    Mixed-Use Building in Point Pleasant
    Mixed-Use Building in Point Pleasant

    523-525 Bay Avenue, Point Pleasant Beach, NJ 08742

    $1,499,900
    2,380 sqft 0.14 AC lot

    Multi-use building with retail space and apartments in downtown.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Downtown Mixed-Use Investment Opportunity
    Downtown Mixed-Use Investment Opportunity

    511 Bay Avenue, Point Pleasant Beach, NJ 08742

    $1,600,000
    7,956 sqft 0.12 AC lot

    Four-unit mixed-use property with retail and residential spaces.

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    Downtown Mixed-Use Income Property
    Downtown Mixed-Use Income Property

    515-525 Bay Avenue, Point Pleasant Beach, NJ 08742

    $2,950,000
    5,609 sqft

    Two multi-use buildings include apartments and approximately 2,300 SF of combined retail space, with rear tenant parking for six cars.

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    Three-Unit Beachside Triplex
    Three-Unit Beachside Triplex

    502 Laurel Ave, Point Pleasant Beach, NJ 08742

    $1,499,900

    Three residential units with enclosed front porch, enclosed garage access, and driveway with backyard parking.

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    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 7 Active listings in Point Pleasant Beach, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two Detached Homes with Basement Apartment
    Two Detached Homes with Basement Apartment

    1116 Gowdy Avenue, Point Pleasant, NJ 08742

    $799,000
    947 sqft 0.17 AC lot

    Two detached homes on one lot offer private yards, a basement, and a rear two-bedroom garage apartment.

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    Renovated Two-Family Home
    Renovated Two-Family Home

    815 Clark Street, Point Pleasant, NJ 08742

    $865,000
    1,998 sqft 0.24 AC lot

    Renovated two-family home on a corner lot near the beach.

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    Brielle Restaurant with Income Units
    Brielle Restaurant with Income Units

    420 Higgins Ave, Brielle, NJ

    Contact for pricing
    6,900 sqft 0.38 AC lot

    Restaurant, liquor license, and income-generating units in desirable Brielle, NJ.

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    Restaurant and Apartment Building For Sale
    Restaurant and Apartment Building For Sale

    416 Higgins Ave, Brielle, NJ

    Contact for pricing
    2,100 sqft 0.19 AC lot

    Restaurant and apartment building in Brielle, NJ, near waterfront.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Flatbush Development Property For Sale
    Flatbush Development Property For Sale

    14 E 32nd Street lot: 13, Brooklyn, NY 11226

    $1,249,000
    1,407 sqft 0.09 AC lot

    40 x 100 lot with R6, C1-2 zoning.

    View details
    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    View details
    Land Near Camelback Resort
    Land Near Camelback Resort

    250 Big Hill Pass, Scotrun, PA 18355

    Contact for pricing
    0.18 AC lot

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

    View details
    Expansive Land Parcel in Holmes
    Expansive Land Parcel in Holmes

    545 Grape Hollow Road, Holmes, NY 12531

    $750,000
    2,480 sqft 75.32 AC lot

    75+ acre land parcel with garage near I-84.

    View details

    Off-Market Properties in Point Pleasant Beach, NJ

    Consider similar Off-Market properties in Point Pleasant Beach, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    104 New York Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    104 New York Ave, Point Pleasant Beach, NJ 08742-3332

    $750,000
    Estimated value
    3,727 sqft 0.14 AC lot
    View details
    701 New York Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    701 New York Ave, Point Pleasant Beach, NJ 08742-3036

    Value Estimation by Request
    0.82 AC lot
    View details
    910 Ss St
    APARTMENT HOUSE (UNDER 5 UNITS)

    910 Ss St, Point Pleasant Boro, NJ 08742-3970

    $1,845,000
    Estimated value
    12,506 sqft 1.29 AC lot
    View details
    1407 Johnson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1407 Johnson Ave, Point Pleasant Boro, NJ 08742-3908

    $1,345,000
    Estimated value
    8,910 sqft 1.00 AC lot
    View details
    16-18 Inlt Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    16-18 Inlt Dr, Point Pleasant Beach, NJ 08742-2750

    $795,000
    Estimated value
    3,564 sqft 0.18 AC lot
    View details
    1010 Mclaughlin Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1010 Mclaughlin Ave, Point Pleasant Boro, NJ 08742-3968

    $2,445,000
    Estimated value
    17,624 sqft 2.42 AC lot
    View details
    1419 Buckner St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1419 Buckner St, Point Pleasant Boro, NJ 08742-3955

    $1,660,000
    Estimated value
    12,506 sqft 1.02 AC lot
    View details
    1128 Borden Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1128 Borden Ave, Point Pleasant Boro, NJ 08742-2906

    $2,060,000
    Estimated value
    9,134 sqft 2.00 AC lot
    View details
    1105 Beaver Dm Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1105 Beaver Dm Rd, Point Pleasant Boro, NJ 08742-4404

    $1,060,000
    Estimated value
    7,728 sqft 0.85 AC lot
    View details
    309 Rte 35th, Unit 327
    APARTMENT HOUSE (UNDER 5 UNITS)

    309 Rte 35th, Point Pleasant Beach, NJ 08742-4173

    Unit 327
    $3,890,000
    Estimated value
    17,450 sqft 7.50 AC lot
    View details
    19 Ocean Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    19 Ocean Ave, Point Pleasant Beach, NJ 08742-3140

    $710,000
    Estimated value
    4,827 sqft 0.12 AC lot
    View details
    1200 Dorset Dock Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1200 Dorset Dock Rd, Point Pleasant Boro, NJ 08742-3764

    $1,215,000
    Estimated value
    7,896 sqft 1.45 AC lot
    View details

    Point Pleasant Beach, NJ Multifamily Properties Market Trends and Statistics

    Explore 19 multifamily properties for sale in Point Pleasant Beach, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 23,901 square feet of properties for sale, with an estimated market value of $7,649,900.

    Sale prices for multifamily properties in Point Pleasant Beach, NJ start at $1,499,900, averaging $1,912,475, and reaching up to $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Triplexes 2
    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 26K
    Population Growth (5Y) +5.2%
    Median Household Income $111,983
    College Educated 68.7%

    High-Yield Neighborhoods for Investment

    Identify Point Pleasant Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08742 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.77%
    Property Tax per SF $9.14 per SF
    Tax Rate vs County Average 0.35 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ocean County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Ocean County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Point Pleasant Beach fall within the 10,000 to 25,000 square foot range.

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