1008 Ocean Avenue, Point Pleasant Beach, NJ 08742
$10,500,000
Property Type:
Commercial
Square Footage:
10,868
Lot Size (sq. ft.):
37,462
Status:
Pending
Current Price:
$10,500,000
List Date:
6/21/2024
Last Modified:
2/28/2026
Overview
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.
Listing Details MLS# 22417518
Contract Info
- Property Sub-Type
- Commercial
- Sale
- Yes
- Lease
- No
- List Price/SqFt
- 966.14
- New Construction
- No
Location
- House Number
- 1008
- Street Name
- Ocean
- Street Suffix
- Avenue
- County
- Ocean
- Municipality
- Point Pleasant Beach (PPB)
- Postal City
- Point Pleasant Beach
- State
- NJ
- Zip Code
- 08742
- Area/Section
- Pt Pleasant Bch
- Directions
- Arnold Avenue to Ocean Avenue and the most awesome motel is up a bit on the left, 1008 Ocean Avenue.
General Property Info
- # Levels
- 2
- Apx SqFt
- 10868
- Garage
- No
- Acreage
- 0.86
- Lot Dimensions
- 150 x 250
- Business Operating
- Yes
- Franchise
- No
- Farm
- No
- # Car Garage
- 0
Tax and Legal
- Asmnt - Total
- 3841000
- Taxes
- 63991
- Tax Year
- 2023
Status Change Info
- Under Contract Date
- 2025-09-12
Remarks & Misc
- Excluded
- Personal Property
More Information
Use
- Hotel/Motel
- Yes
Zoning
- Residential
- Yes
Lot Description
- Beachfront
- Yes
- Corner Lot
- Yes
- Dead End Street
- Yes
- Landscaped
- Yes
- Oceanfront
- Yes
- Possible Subdivision
- Yes
- Sidewalks
- Yes
Water Type
- Ocean Front
- Yes
- Oceanview
- Yes
Electric
- 200 - 400 AMP
- Yes
Basement
- Partial
- Yes
Gas
- On Site
- Yes
Water Heater
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Water
- Public Water
- Yes
Sewer
- Public Sewer
- Yes
Parking
- Off Street
- Yes
- On Site
- Yes
- Paved
- Yes
Assessment Status
- Assessed
- Yes
Construction/Siding
- Block
- Yes
- Shingle Siding
- Yes
- Stucco
- Yes
- Wood
- Yes
Roof
- Asphalt
- Yes
- Shingle
- Yes
Sale Includes
- Business Name
- Yes
- Equipment/Furniture
- Yes
- Goodwill
- Yes
- Inventory
- Yes
- License
- Yes
- Phone System
- Yes
- Signs
- Yes
- Training by Owner
- Yes
Documents Available
- Financial Statement
- Yes
- Furnishings
- Yes
- Inventory List
- Yes
- Survey
- Yes
Property Features
Use:
Hotel/Motel
Basement:
Partial
Heating:
Forced Air; Natural Gas
Water Heater:
Natural Gas
Water:
Public Water
Sewer:
Public Sewer
Gas:
On Site
Electric:
200 - 400 AMP
Parking:
Off Street; On Site; Paved
Roof:
Asphalt; Shingle
Sale Includes:
Business Name; Equipment/Furniture; Goodwill; Inventory; License; Phone System; Signs; Training by Owner
Zoning:
Residential
Lot Description:
Beachfront; Corner Lot; Dead End Street; Landscaped; Oceanfront; Possible Subdivision; Sidewalks
Water Type:
Ocean Front; Oceanview
Assessment Status:
Assessed
Documents Available:
Financial Statement; Furnishings; Inventory List; Survey
Listing Office:
Shire Realty Inc
Listing Agent:
Jeanette Schlapfer
Last Updated: February - 28 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.