511 Bay Avenue, Point Pleasant Beach, NJ 08742

New Listing
$2,000,000
Property Type: Commercial Square Footage: 7,956 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $2,000,000 List Date: 3/14/2026 Last Modified: 3/14/2026

Description

Great investment opportunity downtown. Long term tenants in all 4 units. 2 retail downstairs, 2 apartments upstairs .-A 2 Bedroom and a 3 Bedroom. Plus storage space Building is approximately 8000 sf. An added bonus - Bay Ave allows office space on the first floor, Arnold Ave does not.

More Information MLS# 22606580

Contract Info

Sale: Yes Lease: No List Price/SqFt: 251.38 Status: Active List Date: 2026-03-13 Property Sub-Type: Mixed Use List Price: $2,000,000 Current Price: $2,000,000

Location

Area/Section: Pt Pleasant Bch Business District: 1 House Number: 511 Street Name: Bay Street Suffix: Avenue County: Ocean Municipality: Point Pleasant Beach (PPB) Postal City: Point Pleasant Beach State: NJ Zip Code: 08742 Complex/Subdivision: None Directions: Arnold to Bay park on street or lot behind building accessible via Arnold Ave or next to the beanery

General Property Info

# Levels: 2 Acreage: 0.12 Garage: No # Car Garage: 0 Business Operating: No Franchise: No Apx SqFt: 7956

Tax and Legal

Asmnt - Total: 0

Remarks & Misc

Excluded: Tenants posessions

Income & Expenses

# Rental Units: 4

Use

Apartments: 1 Professional/Office: 1 Retail: 1

Electric

Other - See Remarks: 1

Basement

Crawl Space: 1

Gas

On Site: 1

Water Heater

Electric: 1 Natural Gas: 1

Heating

Baseboard: 1 Electric: 1 Forced Air: 1 Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Common Elements

Laundry: 1

Parking

On Street: 1

Assessment Status

Assessed: 1

Landlord Pays

Common Area Maintenance: 1 Exterior Maintenance: 1 Garbage Removal: 1 Grounds Care: 1 Insurance: 1 Roof Maintenance: 1 Sewer: 1 Taxes: 1 Water: 1

Property Features

Location: Business District; Business District Use: Apartments; Professional/Office; Retail Basement: Crawl Space Heating: Baseboard; Electric; Forced Air; Natural Gas Water Heater: Electric; Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Parking: On Street Common Elements: Laundry Landlord Pays: Common Area Maintenance; Exterior Maintenance; Garbage Removal; Grounds Care; Insurance; Roof Maintenance; Sewer; Taxes; Water Assessment Status: Assessed
Listing Office: Keller Williams Realty Spring Lake
Listing Agent: Diane Glander
IDX
Last Updated: March - 14 - 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.