Date
Details
Price
Change
Source
6/20/2024
Listed
$10,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/103
$10,500,000 Sale Pending
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1/103
Property Description
Welcome to an unparalleled investment opportunity! Oceanfront Motel for Sale: Prime Coastal Property with 44 Rooms. This stunning location on a wide stretch of coastline, offers breathtaking views for both leisure and business travelers seeking a serene and memorable stay by the sea. Need a little more space? There is a 2 bedroom apartment with a private balcony facing the ocean and with views of the pool. This motel's best-kept secret is a generously sized 4 bedroom/3.5 bath home tucked into one of the three buildings on this spacious corner lot. Zoned as RR3 the possibilities for this property are endless.
Full Property Details
Full Property Details for 1008 Ocean Ave
General
- Price: $10,500,000
- Taxes: $63,991 (2023)
- Status: Pending
- Type: Commercial Residential Facility
- Source: Monmouth
- MLS ID: 22417518
- Updated: 9/16/2025
- Added to Site: 674 day(s) ago
Business
- Business Type: Hotel/Motel
Parking
- Parking Features: Off-Street, On-Site Parking, Paver Block
Location
- Area: Point Pleasant Beach (PPB)
- Municipality: Point Pleasant Beach (PPB)
- County: Ocean
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Shingle Siding, Block, Stucco
- Roof: Shingle, Asphalt
- Square Feet: 10,868
- Current Bldg. Use: Hotel/Motel
Lot Features
- Lot Size (Acres): 0.86
- Lot Size (Sq. Ft.): 37,461.6
- Lot Dimensions: 150 x 250
- Lot Features: Dead End Street, Oceanfront, Landscaped, Possible Subdivision, Sidewalks, Beachfront, Corner Lot
- Zoning: Residential
Water Features
- Water Front Type: Oceanview
Financial Considerations
- Price Per Sq. Ft.: $966.14
- Assessment Amount: $3,841,000
- Tax Amount: $63,991
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Financial Statement, Furnishings, Inventory List, Survey
- Exclusions: Personal Property
- Inclusions: Training by Owner, Signs, Phone System, License, Inventory, Goodwill, Equipment/Furniture, Business Name
- Property ID: 26-00045-0000-00001
- Section: Pt Pleasant Bch
Listed by Shire Realty Inc, Jeanette Schlapfer
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Listing agent
— 1008 Ocean Ave —
Jeanette Schlapfer
Shire Realty Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1008 Ocean Ave
School District:Point Pleasant Beach Borough School District
| Name | Grades | Distance |
|---|---|---|
G Harold Antrim Elementary School 401 Niblick Street, Point Pleasant Beach, NJ 08742 | PK-8 | 0.7 mi |
Point Pleasant Bch High School 700 Trenton Avenue, Point Pleasant Beach, NJ 08742 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1008 Ocean Ave
Tax History
Tax History for 1008 Ocean Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$65,988
6%
$3,841,000
—
2022
$62,186
2%
$3,841,000
—
2021
$60,803
—
$3,841,000
—
2020
$60,697
1%
$3,841,000
—
2019
$59,881
2%
$3,841,000
—
2018
$58,959
2%
$3,841,000
—
2017
$58,038
—
$3,841,000
—
2016
$58,306
1%
$3,841,000
—
2015
$57,845
23%
$3,841,000
—
2013
$47,161
—
$3,841,000
18%
2013
$47,161
—
$3,266,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1008 Ocean Ave
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,900Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,908Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,961Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 9Beds
- 10Total Baths
- 13,000Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 6Beds
- 3Total Baths
- 2,330Sq. Ft.
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1008 Ocean Avenue, Point Pleasant Beach, NJ 08742 (MLS# 22417518) is a Commercial Residential Facility property. 1008 Ocean Avenue is currently listed for $10,500,000 and was received on June 21, 2024. Want to learn more about 1008 Ocean Avenue? Do you have questions about finding other Commercial Residential Facility real estate for sale in Point Pleasant Beach? You can browse all Point Pleasant Beach real estate or contact a Coldwell Banker agent to request more information.