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157 Ocean Ave

Point Pleasant Beach, NJ 08742

2 bd 1 ba 440 sqft Built 1952 Lot 1,742 sqft condo
Most recent sale
$300,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2025 Sold $33,000 Public Record
Feb 9, 2024 Listed for rent $2,000 MoreMLS
Jun 2, 2022 Sold $300,000 Public Record
May 24, 2022 Sold $300,000 MoreMLS
Apr 19, 2022 Listed $299,000 MLS #22211295
Jun 13, 2001 Sold $126,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $32,600 $180,000 $212,600 $3,833
2024 $32,600 $180,000 $212,600 $3,652
2023 $32,600 $180,000 $212,600 $3,541
2022 $32,600 $180,000 $212,600 $3,441
2021 $32,600 $180,000 $212,600 $3,365
2020 $27,000 $180,000 $207,000 $3,272
2019 $27,000 $180,000 $207,000 $3,227
2018 $27,000 $180,000 $207,000 $3,177
2017 $27,000 $180,000 $207,000 $3,127
2016 $32,600 $185,300 $217,900 $3,307
2015 $32,600 $185,300 $217,900 $3,281
2014 $32,600 $185,300 $217,900 $3,266
2013 $16,300 $185,300 $201,600 $2,911
2012 $30,000 $225,000 $255,000 $2,799
2011 $30,000 $225,000 $255,000 $2,662
2010 $35,100 $375,000 $410,100 $4,122
2009 $35,100 $375,000 $410,100 $3,838
2007 $35,100 $375,000 $410,100 $3,395

Property facts

Year built
1952
Property type
condo
Stories
1
Beds
2
Baths
1
Living area
440 sqft
Lot size
1,742 sqft
ZIP code
08742
City
Point Pleasant Beach
Street
Ocean Ave
Coordinates
40.09823, -74.03708

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 157 Ocean Ave last sell?
157 Ocean Ave most recently sold on Jun 2, 2022 for $300,000.
What is the current tax assessment for 157 Ocean Ave?
The most recent total assessment for 157 Ocean Ave (year 2025) is $212,600 with $3,833 in property tax.
How does 157 Ocean Ave's assessment compare to its last sale price?
The current assessment is 29.1% below the last sale price of $300,000.
When was 157 Ocean Ave built?
157 Ocean Ave was built in 1952.
How does 157 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 157 Ocean Ave?
157 Ocean Ave is a 2 bed, 1 bath, 440 sqft, 1,742 sqft lot condo.
Is 157 Ocean Ave a flip candidate?
No — 157 Ocean Ave does not appear in our flips dataset.
Is 157 Ocean Ave a tax-appeal candidate?
Yes — 157 Ocean Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$1.35M
2026 Q4
$1.37M
ZIP 08742 — Median Price History + Forecast

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