2005-07 Veterans Memorial Drive, Point Pleasant, NJ 08742

$1,199,000
4
BD
3
BA
2,137
SqFt

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List Price
$1,199,000
Status
ACTIVE
Type
Single Family Residential
MLS#
22628700
Beds
4
Baths
3
Living Area
2,137
Region
Point Pleasant (PTP)
Year Built
1949

Property Description

Endless possibilities await — whether as a primary residence, flexible compound style living, or a high performing investment property. The main house offers a spacious and versatile layout with two bedrooms and a full bath on the main level, a large loft, and a finished lower level with its own private entrance, complete with a third bedroom, third bathroom, and lounge area. The design naturally supports privacy, separation, and multiple independent living zones. The. second dwelling is a beach cottage style with its own kitchen, living room, bathroom and 2 bedrooms. With its compound style configuration, this property delivers for those looking for multigenerational living or a rental investment property. Each space has its own entry and backyard entertaining areas with room for a po 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 town, schools, and the beach, this property delivers unmatched versatility for business, a family compound, or redevelopment.

Additional Information

Middle School
Memorial
Acres
0.27
Zoning
Commercial, Multi-Use, Residential, Single Family
Taxes
$7,878
Subtype
Single Family Residence
Lot Description
Cul-De-Sac
Year Built
1949
Living Area
2,137
Basement
Workshop/ Workbench, Finished
Roof
Shingle
Heat Ac
Baseboard
Parking Driveway
Assigned
Garage
Yes
Interior
Beamed Ceilings
Fireplaces
1
Fireplace
Yes
Garage Capacity
2
Exterior
Outdoor Shower, Storage
Exterior
Outdoor Shower, Storage

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Listing courtesy of Keller Williams Realty Ocean Living. Contact: