2006 Formula 40 Performance Cruiser Boat in Forked River, NJ 08731 US
Built in 2006
40 Performance Cruiser
2 Engines (2x Volvo Penta)
40 feet
Diesel
Fiberglass/Reinforced
2006 Formula 40 Performance Cruiser (40PC) - $167,500
Lift Kept • One Owner • 350 Original Hours • Fully Upgraded
Forked River, NJ | Tides End Marina
If you've been waiting for an exceptionally clean, low-hour Formula 40 Performance Cruiser, this is it.
This one-owner 2006 Formula 40PC has been lift kept since new, and is powered by twin Volvo Penta D6 IPS 500 diesel engines with just 350 original hours. With extensive recent mechanical and cosmetic upgrades, this yacht is truly turn-key and stands well above comparable boats on the market.
In Spring 2025, the IPS drives received significant preventative maintenance and updates, including the newest-style pod coolers, cooling kits, clutch plates, shaft seals, hydraulic hoses, and transmission seals, giving the next owner peace of mind and eliminating one of the largest maintenance expenses associated with IPS-powered boats.
Whether you're spending weekends at the sandbar, entertaining family and friends, or cruising the coast, the Formula 40PC offers an unbeatable combination of luxury, performance, and quality.
Key Features
- One owner since new
- Lift kept its entire life with no bottom paint
- Twin Volvo Penta D6 IPS 500 diesel engines with only 350 original hours
- Volvo IPS joystick docking system
- Spring 2025 IPS drive upgradesincluding:
- New-style pod coolers
- Updated cooling kits
- New clutch plates
- Shaft seals
- Hydraulic hoses
- Transmission seals
- New Lewmar bow thruster
- Hydraulic swim platform for effortless boarding, swimming, or launching a tender
- Spacious cockpit designed for entertaining with generous seating
- Generator
- Air conditioning and heat
- Full galley with refrigerator, microwave, cooktop, sink, and ample storage
- Private forward stateroom
- Convertible aft cabin
- Sleeps up to six comfortably
Recent Upgrades & Services
- Brand-new premium cabin flooring ($10,000)
- Twin Garmin multifunction displays, custom dash panel, and Garmin radar package ($8,000)
- Brand-new Isinglass enclosure ($7,500)
- Complete engine and generator service including fluids and filters ($3,500)
- Prop Speed applied to pods and propellers ($2,500)
- New stainless steel cockpit refrigerator ($2,000)
- New batteries ($1,200)
Luxury Interior
The Formula 40PC is known for having one of the finest interiors in its class, blending luxury, comfort, and practicality.
Features include:
- Up to 6'9" of headroom
- Premium leather upholstery
- Rich high-gloss cherry cabinetry
- Solid-surface countertops
- Spacious salon with abundant seating
- Fully equipped galley
- Private forward master stateroom
- Convertible aft lounge that transforms into a private guest cabin
- Enclosed head with separate shower
- Excellent storage throughout for extended cruising
Formula Quality & Construction
Formula has built a reputation for producing some of the highest-quality express cruisers on the market, and the 40PC is no exception.
Construction highlights include:
- Imron® flagship graphics for a brilliant, long-lasting finish
- AME® 5000 premium resin construction
- Individually engineered lamination schedules
- Suspended stringer system
- Heavy-duty thru-bolted engine mounts
- Thru-bolted deck-to-hull joint
- Foam-filled hull cavities for strength and flotation
Safety features include:
- Engine room fume detector
- Automatic fire suppression system
- Exceptional structural integrity and offshore capability
Why This Formula 40PC?
Finding a Formula 40PC with this level of care, ownership history, and recent investment is extremely rare.
This boat offers:
- One owner
- Only 350 original hours
- Lift kept since new
- Never bottom painted
- Updated IPS drive components
- Modern Garmin electronics
- New bow thruster
- Hydraulic swim platform
- New Isinglass enclosure
- New cabin flooring
- New cockpit refrigerator
- Fresh engine and generator service
- Turn-key condition with all major maintenance already completed
This is the kind of Formula buyers wait for: exceptionally clean, extensively upgraded, and ready to cruise immediately.
Price$167,500
This is one of the cleanest and best-equipped Formula 40 Performance Cruisers available, come see it in person. Contact us today to schedule your private showing.
The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.
Price History
| Date | Event | Price |
|---|---|---|
| 8/4/26 | Price decreased | $167,500(-5.6%) |
| 6/10/26 | Price decreased | $177,500(-5.3%) |
| 4/30/26 | Initial price | $187,500 |
2006 Formula 40 Performance Cruiser Video Tours
Formula 40 Performance Cruiser: BoatTEST Review
Overview
The Formula 40 PC exemplifies the qualities that distinguish an upscale yacht from an average one. Designed with functionality and premium craftsmanship in mind, this model offers a blend of innovative features and thoughtful details that enhance both comfort and usability on the water.
Exterior Design and Cockpit
A standout feature of the Formula 40 PC is its versatile stern section, which significantly enhances the boat's functionality. The stern sunpad is equipped with twin backrests that lock into three distinct positions, allowing it to serve as an aft-facing chaise lounge for sunbathing, an aft-facing seat when at anchor, or additional forward-facing seating for the cockpit. The sunpad lifts on gas shocks to reveal storage space containing a remote control for the swim platform, which doubles as a tender or personal watercraft platform. Also stored here are filler cushions for the U-shaped cockpit seating and cocktail tables, all secured in dedicated cutouts. The cockpit seating is upholstered in Nautilex marine vinyl and includes storage compartments beneath. The cockpit area features flush-mounted stainless steel drink holders and a stereo remote control for convenience. Moving forward, the bow is easily accessible via a walk-through windshield, with ample handholds and a solid, non-skid deck that resists flexing, reflecting the build quality typical of premium yachts.
Interior Living Spaces
Inside, the galley is thoughtfully arranged on the port side, featuring a coffee docking station and generous countertop space measuring approximately 29.5 by 30 inches. The galley includes a two-burner electric stove with a safety micro switch that automatically shuts off when the lid is closed, a 5.2 cubic foot refrigerator, and a 1.8 cubic foot freezer. The cabinetry showcases dovetail joinery on all drawers, a hallmark of quality craftsmanship. The main cabin benefits from three port lights that provide natural light and ventilation. Privacy is enhanced by an innovative lighting system with dimmable uplights and adjustable covers that direct light downward, surpassing the typical curtain solutions found on many boats. Additional interior features include cedar-lined lockers behind mirrored hatches and a port-side cabinet containing a privacy safe and dovetailed drawers that retract smoothly when closed.
Private Accommodations
The forward berth offers ample storage with two pull-out drawers beneath the bed, incorporating the same automatic retraction mechanism as other drawers on board. Overhead, a hatch provides natural light, ventilation with a sliding screen, and serves as an emergency escape route. The aft cabins stand out as particularly comfortable spaces, furnished with ultra-leather seating and equipped with a 19-inch LCD television on the port side. These cabins include substantial storage, including dedicated compartments for pedestals that convert the space into additional berths. The cabins provide about five feet of overhead clearance, with a sole extension that allows occupants to stand naturally without head clearance issues.
Conclusion
The Formula 40 PC by Formula demonstrates a clear commitment to upscale design and functionality. From its adaptable stern sunpad and solid deck construction to its well-appointed galley and comfortable private accommodations, this yacht offers a premium boating experience. The attention to detail in storage solutions, lighting, and materials underscores the difference that quality craftsmanship makes in a cruiser of this class.
Overview from around the web 2006 Formula 40 Performance Cruiser
The 2006 Formula 40 Performance Cruiser has garnered positive feedback from customers who appreciate its blend of luxury, performance, and innovative design
Many users highlight its spacious and well-appointed interior, which features high-quality materials and modern amenities, making it perfect for both relaxing and entertaining. Customers often praise the vessel's impressive speed and handling, noting that the powerful engines deliver an exhilarating ride. The sleek exterior design not only turns heads but also contributes to superior performance on the water. The layout is also a frequent topic of admiration, with ample seating and dining options, as well as comfortable sleeping quarters, making it ideal for weekend getaways or longer excursions. Boaters appreciate the thoughtful design elements, such as the easy-to-navigate helm and convenient storage solutions. Overall, the 2006 Formula 40 Performance Cruiser is seen as a top choice for those seeking a luxurious yet sporty boating experience. Whether for cruising or entertaining, this model receives consistent acclaim for its overall value and performance.
Made For
The 2006 Formula 40 Performance Cruiser is designed for discerning boaters who seek the perfect blend of luxury and performance on the water. Ideal for those who appreciate innovative design and premium craftsmanship, this vessel caters to both casual cruisers and those looking for an exhilarating experience while sailing. With spacious accommodations and a well-thought-out layout, the Formula 40 is perfect for families or friends looking to enjoy extended weekend getaways or sunset cruises. The stylish interior boasts ample seating, a fully equipped galley, and comfortable sleeping quarters, ensuring that every journey is a pleasure. Performance enthusiasts will also appreciate the powerful engine options and agile handling, allowing for thrilling speeds and a smooth ride even in challenging conditions. Whether you’re navigating busy marinas or gliding across open waters, the Formula 40 delivers a superior experience. In summary, the 2006 Formula 40 Performance Cruiser is perfect for boaters seeking a luxurious, high-performance vessel that offers both comfort and excitement, making it an excellent choice for those who want to elevate their time on the water.
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 2006 Formula 40 Performance Cruiser | ||||||
|---|---|---|---|---|---|---|
| Price | $167,500 | $174,727 | $139,000 | $119,000 | $239,000 | $89,500 |
| Location | Forked River | Pine Beach | Point Pleasant Beach | Longport | Brick | Pine Beach |
| Nominal Length | 40' | 35' | 42' | 37' | 37' | 37' |
| Draft | 4' | - | - | - | - | - |
| Engine Make | Volvo Penta | Mercruiser | Volvo | Mercury Racing | Mercruiser | Volvo Penta |
| Total Engine Power | 370 hp | - | 370 hp | 525 hp | 380 hp | 375 hp |
| Days on Market | 126 | 351 | 289 | 42 | 19 | 719 |
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Meet the Broker
Address
Boat Location
Contact Tides End Marina about 2006 Formula 40 Performance Cruiser
146 Marine Plaza, Forked River, NJ, 08731
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