2005-02007 Veteran Memorial Drive, Point Pleasant Beach, NJ 08742 (MLS# 22632799)
$1,199,000
Point Pleasant Beach, NJ 08742
MLS# 22632799
2137 sqft
1 / 35
Open House (10/17/2026 - 12:00 pm - 2:00 pm)
Property Description
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.
Details
Maps
Contract Info
Status: Active
List Date: 2026-10-16
Property Sub-Type: Commercial
Sale: Yes
Lease: No
List Price: $1,199,000
Current Price: $1,199,000
List Price/SqFt: 561.07
Location
House Number: 2005-02007
Street Name: Veteran Memorial
Street Suffix: Drive
County: Ocean
Municipality: Point Pleasant (PTP)
Postal City: Point Pleasant Beach
State: NJ
Zip Code: 08742
Area/Section: Pt Plsnt Boro
Complex/Subdivision: None
Directions: Herbertsville Road to last left Veterans Memorial Drive right before Route 88 (Canal Bridge)
General Property Info
# Levels: 2
Retail SqFt: 925
Other SqFt: 1405
Apx SqFt: 2137
Apx Year Built: 1949
Garage: Yes
# Car Garage: 2
# Parking Spaces: 68
Acreage: 0.27
Lot Dimensions: 93 x 125
Business Operating: No
Franchise: No
Farm: No
Tax and Legal
Asmnt - Total: 325000
Special Assessment: No
Taxes: 7878
Tax Year: 2025
Property Features
Location: Other - See Remarks; Other - See Remarks
Use: Art/Frame; Bakeries/Shop; Barber/Salon; Cards/Gift; Day Care; Florist Shop; Guest House; Medical; Professional Service; Professional/Office; Video; Other
Floors: Wood
Cooling: Central Air
Heating: Natural Gas
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: 110 Volt
Parking: Guest; On Site
Zoning: Commercial; Multi-Use; Professional; Residential; Single Family
Lot Description: Dead End Street; See Remarks
Assessment Status: Assessed
Supplements
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.
Listing Office: Keller Williams Realty Ocean Living
Listing Agent: Jacqueline Gordon
Last Updated: October - 16 - 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.
