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4 Beds
3 Baths
2,137 sqft

$1,199,000

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

Price per sqft$561.07
Built in1949
Property size2,137 sqft
Property typeResidential

Overview

Active

Listed Sep 12, 2026

Updated 5 days ago

Book your private showing! A unique 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. 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.

$7,977/mo

Est. mortgage payment based on a $1,199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22628700

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.27 Acres

Other Property Details

Taxes
$7,878
Tax Frequency
Annually
Garage
Yes

Courtesy of Keller Williams Realty Ocean Living with Jacqueline Gordon, Peter Corbet Thomas
Listing Contact: 848-241-6955 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Steven Porzio shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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. All listings displayed pursuant to IDX shall show the MLS as the source of the information.

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Data last updated 4:29 AM UTC, 9/23/2026

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