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1501 Ocean Front

Point Pleasant Beach, NJ 08742

4 bd 3 ba 3,204 sqft Built 1989 Lot 5,227 sqft single_family
Most recent sale
$2,700,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $2,700,000 MLS #22216152
May 27, 2022 Listed $3,325,000 MLS #22216152

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,009,500 $2,239,000 $3,248,500 $27,850
2024 $338,700 $1,206,000 $1,544,700 $26,537
2023 $338,700 $1,206,000 $1,544,700 $25,734
2022 $338,700 $1,206,000 $1,544,700 $25,008
2021 $338,700 $1,206,000 $1,544,700 $24,452
2020 $338,700 $1,206,000 $1,544,700 $24,422
2019 $338,700 $1,206,000 $1,544,700 $24,082
2018 $338,700 $1,206,000 $1,544,700 $23,711
2017 $338,700 $1,206,000 $1,544,700 $23,340
2016 $338,700 $1,206,000 $1,544,700 $23,449
2015 $338,700 $1,206,000 $1,544,700 $23,263
2014 $338,700 $1,206,000 $1,544,700 $23,155
2013 $220,200 $1,206,000 $1,426,200 $20,594
2012 $437,900 $1,820,000 $2,257,900 $24,792
2011 $437,900 $1,820,000 $2,257,900 $23,572
2010 $437,900 $1,820,000 $2,257,900 $22,692
2009 $437,900 $1,820,000 $2,257,900 $21,134
2007 $437,900 $1,820,000 $2,257,900 $18,695

Property facts

Year built
1989
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
3,204 sqft
Lot size
5,227 sqft
ZIP code
08742
City
Point Pleasant Beach
Street
Ocean Front
Coordinates
40.08069, -74.04020

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$16,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1501 Ocean Front last sell?
1501 Ocean Front most recently sold on Jul 29, 2022 for $2,700,000.
What is the current tax assessment for 1501 Ocean Front?
The most recent total assessment for 1501 Ocean Front (year 2025) is $3,248,500 with $27,850 in property tax.
How does 1501 Ocean Front's assessment compare to its last sale price?
The current assessment is 20.3% above the last sale price of $2,700,000.
When was 1501 Ocean Front built?
1501 Ocean Front was built in 1989.
How does 1501 Ocean Front compare to others on Ocean Front?
We track 2 other properties on Ocean Front. Browse the list under "Other properties on Ocean Front" to compare beds, baths, and sale history.
What are the property facts for 1501 Ocean Front?
1501 Ocean Front is a 4 bed, 3 bath, 3,204 sqft, 5,227 sqft lot single_family.
Is 1501 Ocean Front a flip candidate?
No — 1501 Ocean Front does not appear in our flips dataset.
Is 1501 Ocean Front a tax-appeal candidate?
Yes — 1501 Ocean Front 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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