$749,900

1506 Beaver Dam Rd Point Pleasant, NJ 08742

Estimated payment $4,977/month

Total Views 251
2 Beds
1 Bath
3,456 Sq Ft
$217 Price per Sq Ft

About This Home

This is a perfect 1031 for investors if you need a fast transfer of property to meet your reinvestment requirements or just an Unique opportunity to buy 2 apartments which will derive over $4000 per month income and receive additional monthly income of $2026 from limited occupancy commercial tenants on the lower level. Both apartments are 2 Bedrooms 1 Bath and have been recently updated while the commercial tenants units and share common entry with separate locked offices and also have recently been renovations. Upstairs tenants have separate electric meters and have gas hwbb heat while downstairs share heating and central air conditioning. Great location minutes to Beaches and shopping. Expenses and survey on file .Note: Some photo's have been virtually staged for illustrative purposes

Listing Agent

Pasquale Mennella

C21/ Lawrence Realty License #7857330 Listed on: 08/25/2025

Co-Listing Agent

Matthew Mennella

C21/ Lawrence Realty License #0679950

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,696

Year Built

  • Built in 1966

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 56 x 95

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Memorial Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 25-00376-0000-00089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,696

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 1183
  • Co List Office Phone: 732-840-9200
  • Subdivision Name: None
  • Year Built: 1966
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 56 x 95
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 2 AC Unit2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Acres: 0.12
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 56 x 95
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-00376-0000-00089

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10696.0
  • Tax Other Annual Assessment Amount: 467700.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,696 $467,700 $254,900 $212,800
2024 $10,224 $467,700 $254,900 $212,800
2023 $10,013 $467,700 $254,900 $212,800
2022 $10,013 $467,700 $254,900 $212,800
2021 $9,851 $467,700 $254,900 $212,800
2020 $9,756 $467,700 $254,900 $212,800
2019 $9,625 $467,700 $254,900 $212,800
2018 $9,340 $467,700 $254,900 $212,800
2017 $9,134 $467,700 $254,900 $212,800
2016 $9,064 $467,700 $254,900 $212,800
2015 $8,956 $467,700 $254,900 $212,800
2014 $8,751 $467,700 $254,900 $212,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $749,900 -- $217 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $499,000 Old Republic Title
Deed -- Old Republic Natl Ttl Ins Co
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Closed $325,000 Stand Alone First
Source: Public Records

Similar Homes in the area

  • 1404-1406 Treeneedle Rd, Point Pleasant, NJ 08742

    $899,000

    • 4 Beds
    • 2 Baths
    • 1,904 Sq Ft
    • 1404-1406 Treeneedle Rd
    • Point Pleasant, NJ

    Move right into this mirror image DUPLEX, great for owner occupant or investor. Freshly renovated with new kitchen, bath, appliances, vanities and hardwood floors. Live in one side, while collecting rent from the other. These two bedroom, one bath units also have large backyards, separate driveways, front porches, and washers/dryers. Great location just off Bridge Avenue for easy access to all

    Thomas Coan Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

    Section Image
  • 906 Sunset Ave, Point Pleasant Boro, NJ 08742

    $669,000

    • 3 Beds
    • 2 Baths
    • 906 Sunset Ave
    • Point Pleasant Boro, NJ

    Coming Soon showings begin August 17, 2025. This is an unbelievable investment opportunity. You can live here or rent these amazing spaces out. This is a duplex with a 2 car detached garage in the great Town of Point Pleasant, NJ. There are 3 bedrooms and 2 full baths with a backyard that looks like paradise. Patio, turf, hot tub & a treed backdrop that provides the privacy you're looking for.

    Diane Notarfrancesco Keller Williams Shore Properties

    Section Image
  • 545 Summit Dr, Point Pleasant Boro, NJ 08742

    $850,000

    • 4 Beds
    • 2 Baths
    • 2,146 Sq Ft
    • 545 Summit Dr
    • Point Pleasant Boro, NJ

    Discover this rare opportunity to own a legal two-family home in one of Point Pleasant Borough's most desirable and quiet neighborhoods. Just 2 miles from the beach and located within the highly rated #2 school district in Ocean County, this property combines lifestyle, comfort, and investment potential.The home sits on a generous lot, offering room for an addition or future expansion.

    Alice Barber EXIT Realty Jersey Shore

    Section Image
  • 226 Pearce Ave, Point Pleasant Boro, NJ 08742

    $750,000

    • 4 Beds
    • 2 Baths
    • 2,039 Sq Ft
    • 226 Pearce Ave
    • Point Pleasant Boro, NJ

    Discover a unique opportunity with this exceptional two-in-one property! This expansive ranch-style home boasts 3 bedrooms, 1 bathroom, a cozy living room with a fireplace, stylish Pergo flooring, a well-appointed kitchen, and a dining area perfect for gatherings. The full basement adds even more value with a versatile workshop space. Enjoy the comfort of all-new windows

    Enrico Meleo Nest Seekers New Jersey LLC

    Section Image
See All Homes in Point Pleasant

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22525784

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00376-0000-00089

New Jersey Ocean County Point Pleasant 08742

1506 Beaver Dam Rd, Point Pleasant, NJ

This home is located at 1506 Beaver Dam Rd, Point Pleasant, NJ 08742 and is currently priced at $749,900, approximately $216 per square foot. This property was built in 1966. 1506 Beaver Dam Rd is a home located in Ocean County with nearby schools including Point Pleasant High School and St Dominic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Pasquale Mennella
Listing Agent
Pasquale Mennella
Section Image
C21/ Lawrence Realty
(732) 808-3972