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2005-02007 Veteran Memorial DrivePoint Pleasant Beach, NJ 08742Price: $1,199,000

  • Price: $1,199,000
  • 1 Day on Market
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Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,199,000List Price
  • 2005-02007Building Number
  • Veteran Memorial DriveStreet
  • Point Pleasant BeachTown
  • NJState
  • 08742Zip
  • ActiveStatus
  • 2Bathrooms
  • 2,137Square Feet

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Book your showing! Currently a single family residence in a GCBC Commercial zone, offering 2 distinct finished living zones- each with 2 bedrooms- multigenerational use, a home based business or conversion back to mixed residential/ business operations subject to approvals. A true compound style layout with a finished lower level with private entry. Existing commercial -grade oversized parking area accommodating 8-12 cars, a 40 ft garage with storage yard creates an environment for contractors, trades or home based enterprises. Large expansive yard, with multiple entertaining areas, and fire pit. The attached finished studio with its own private entry and its own address is ideal for a gym, office or guest overflow with a full kitchen, living area , bath and 2 bedrooms. So many possibilities! Investors! A high rental income producing property with potential for additional garage/ backyard storage rental. Formerly classified as 4 A commercial in 2024 and now recognized as class 15 one family. The home is currently tenant-occupied so appointments are required with advance notice. The compound style layout provides multiple independent living areas, main house has 2 bedrooms and a bath on the main floor with a large loft area and a finished basement /lower level with a private entrance and a 3rd bedroom, 3rd bathroom, lounge. So Many Options with Significant Upside Potential... Located close to other businesses, town, schools, and the beach, this property delivers unmatched versatility for business, a family compound, or redevelopment. It was once a bait and tackle shop/and residence.

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Listed by Jacqueline Gordon of Keller Williams Realty Ocean Living

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