$1,100,000
●
House -
Off Market
123 Ocean Boulevard
Atlantic Highlands, NJ 07716
4 Beds
3 Baths
2,634 Ft²
$6,764
Est. Monthly
4.83%
Cap Rate
About This Property
Perched high on one of Atlantic Highlands' most desirable streets,
this beautifully updated coastal retreat offers breathtaking bay
and Manhattan skyline views from all three levels-along with
unforgettable sunsets. The recently renovated custom kitchen
features Bosch appliances, quartz countertops, and ample cabinetry.
Enjoy designer bathrooms, multiple balconies-including a
third-floor private suite with panoramic views-and a flexible
layout. A first-floor room is currently used as a fifth bedroom but
also makes a perfect home office or den. With a direct-entry
garage, ample parking, and a secluded tree-lined patio, this home
offers both style and serenity. Close to dining, shops, the marina,
and NYC ferry.
Unit Size
2,634 Ft²
Days on Market
65 days
Land Size
0.37 acres
Price per sqft
$437
Property Type
House
Property Taxes
$1,117
HOA Dues
-
Year Built
1965
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (MOMLS #22516423)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by Keller Williams Realty West Monmouth | $1,150,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Oct 22, 2020 | Sold | ||
| Sold | |||
| Aug 31, 2020 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Red Bank | $720,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Red Bank | |||
| | |||
|
Custom home with floor plan affording beautiful waterviews. Gaze from multiple decks at sunrises and sunsets, including third level master bedroom. Rustic woods and stones complement the property. First floor offers family room and bedroom with bath; second nice floor plan accented by sliders to deck from living room.... Good sized kitchen w/formal dining room plus bedrooms with bath. Rear yard with level area for barbeque. Outstanding privacy. All this within minutes of quaint town of Atlantic Highlands, adjacent shore towns and minutes to beaches and entertainment. Bonus is commute to NYC re high speed ferry in town plus option to travel to NYC by bus or rail. A Commuter's Delight!
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Atlantic Highlands
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Listed by: Valerie Vargas, Keller Williams Realty West Monmouth
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22516423
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22516423
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017