20057 Veterans Memorial Drive, Point Pleasant, NJ 08742
20057 Veterans Memorial Drive, Point Pleasant, NJ 08742
20057 Veterans Memorial Drive, Point Pleasant, NJ 08742
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$1,199,000
Est. payment /mo
4 Beds
3 Baths
2,137 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,137 sqft

Price per Sqft $561

Municipality Point Pleasant (PTP)

MLS Listing ID 22627385

Style Mother/Daughter,Cape

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1949

Annual Tax Amount $7,878

Tax Year 2025

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 93 x 125

Property Sub-Type Single Family Residence

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Coming Soon - Active 9/4 (No Showings Until Then) Calling all investors! This is one of the most unique properties to hit the market. Zoned General Commercial (GC) yet currently functioning as a two family property, offering exceptional flexibility and income potential. Two complete houses provide endless possibilities: ideal mother-daughter, live in one and rent the other, or convert to a high yield commercial use. The first home includes a finished basement with a private entrance, expanding functional living options. A massive 40 ft garage with storage yard, plus a driveway and parking area accommodating 8-12 cars.makes this property perfect for business operations, contractors, or multi vehicle households. Each home features its own private yard with entertaining areas, and fire pit. Rare Opportunity This was an operational business converted to two homes. One completely renovated 2 Bed, 1 Bath Ranch Home. Second house has a 2 bed 1 bath on main floor with a large loft and a finished basement with a private entrance and a 3rd bedroom, 3rd bathroom and lounge and possibilities for adding a kitchen. Live in the Current Ranch & rent the second home or run a business from it. So Many Options with Significant Upside Potential... Steps to the Canal, a mile to the beach. Don't miss out on this chance. Schedule a Private Tour Today.Located close to town, schools, and the beach, this property delivers unmatched versatility for business, rental income, or redevelopment. Current rental income of $6100 /month with the potential of additional income renting the garage /outdoor private storage area as a commercial work space.

Location

State NJ

County Ocean

Area Pt Plsnt Boro

Building/Complex Name None

Direction Herbertsville Road-Left to Veterans Memorial Drive left before Canal Bridge Route 88

Rooms

Basement Ceilings - High, Finished, Heated, Workshop/ Workbench, Walk-Out Access

Interior

Interior Features Ceilings - 9Ft+ 1st Flr, Beamed Ceilings, Loft

Heating Baseboard

Cooling Central Air

Flooring Wood

Fireplaces Number 1

Inclusions Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator

Fireplace Yes

Window Features Bay/Bow Window

Exterior

Exterior Feature Outdoor Shower

Parking Features Asphalt, Driveway, Off Street, Oversized, Workshop in Garage

Garage Spaces 2.0

Roof Type Shingle

Porch Patio

Garage No

Private Pool No

Building

Lot Description Cul-De-Sac, Oversized

Sewer Public Sewer

Architectural Style Mother/Daughter, Cape

Structure Type Outdoor Shower

New Construction No

Schools

Middle Schools Memorial

Others

Senior Community No

Tax ID 25-00037-0000-00034


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Monmouth Ocean MLS (MOMLS)
Listed by Keller Williams Realty Ocean Living

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Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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20057 Veterans Memorial Drive