4 months on rocket

1008 Ocean Ave, Point Pleasant Beach, NJ, 08742

$10,500,000

0.86 Acres
$966/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Land
ViewOcean
MLS #22420371
Lot Size0.86 Acres
StatusActive

About 1008 Ocean Ave

This incredible oceanfront property sits on just shy of an acre! RR3 zoning opens this great piece of earth up for a multitude of possibilities. Couple that with it's proximity to Downtown Point Pleasant Beach and all of the wonders you will find there, as well as the rides and entertainment up at the Boardwalk, this land is a win-win opportunity for its next owner! The Windswept Motel currently calls this amazing piece of land HOME. It is an extremely popular and well-known seaside motel, complete with an oceanfront pool. For more information on the business please see the corresponding commercial listing.

Property Details

Property Features

Property Information:

  • Living Area: 10,868 SqFt

Listing Office:

  • Office Name: Shire Realty Inc
  • Listing Agent: Jeanette Schlapfer

Exterior Features

Exterior Information:

  • View: Ocean

Lot Features

Lot Information:

  • Lot: Curbs, Split Possible
  • Lot Size: 0.86 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,500,000
  • Price Per SqFt: $966/SqFt

Tax Information:

  • Annual Amount: $60,697
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Point Pleasant Beach, NJ.

Med. Sold Price

$875K

Med. Price/SqFt

$570

Avg. Days On Market

27

# of Sold Homes

9

1008 Ocean Ave vs Point Pleasant Beach

126 DAYS ON ROCKET

+99 Days

$10,500,000

+$9.6M More

$966/SqFt

+$396 More

KEY TAKEAWAY

This property is $9.6M more than the Median Sold Price and $396/SqFt more than other homes in Point Pleasant Beach, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22420371

Listing Office:

  • Office Name: Shire Realty Inc
  • Listing Agent: Jeanette Schlapfer

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$60,697$3,841,000
2019$58,959$3,841,000
2018$58,038$3,841,000
2017$58,038$3,841,000

History based on county public records data.

Payment Calculator

$52.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$31.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-265538
5
/10
  • Ocean Road Elementary School

  • Benedict Street

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-265539
6
/10
  • Nellie F. Bennett Elementary School

  • Riviera Parkway

  • 1.84 miles

  • Public District Grades PK-5

school-card-donut-265540
5
/10
  • Midstreams Elementary School

  • 500 Midstreams Rd

  • 3.49 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,414. Typical income of Point Pleasant Beach, NJ residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1008 Ocean Ave

What is the listing price of this property?

The listing price of 1008 Ocean Ave property is $10,500,000.

What type of property is this?

The property 1008 Ocean Ave is land located in Point Pleasant Beach, New Jersey, 08742.

Is this property for sale now?

Active Listing: 1008 Ocean Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $60,697 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1008 Ocean Ave is 0.86 acres.
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Rocket HomesNew JerseyOcean CountyPoint Pleasant Beach087421008 Ocean Ave

This home is located at 1008 Ocean Ave in Point Pleasant Beach, NJ and zip code 08742. This 10,868 square foot home sits on a 0.86 acre lot. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $10,500,000.

In October 2024, from all listings sold in Point Pleasant Beach, NJ there were more than 3 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. In October 2024 in Point Pleasant Beach, NJ there were 8.1% less homes for sale than in September 2024. While the average time on the market in October 2024 was 27 days, the median list price was $875,000.

From Rocket Homes Real Estate and based on county public records data.

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