A boat near the ocean entrance of the Manasquan Inlet crashed and flipped over Thursday, sending three people on board into the dangerous waves and currents.

Two people were rescued, according to search and rescue crews. However, they say one person, a man in his 20s, remains missing.

The incident happened around 8:30 p.m. Witnesses told News 12 New Jersey it was a horrible scene as the 31-foot-long boat was pummeled by huge waves out by the jetty when it overturned. They say at least two people were brought onto dry land.

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Multiple agencies searched for several hours, from the ground and air - but there’s no sign yet of the missing person.

New Jersey is expected to see ocean impacts with large swells, dangerous rip currents and beach erosion due to Hurricane Lee.

While reporting on this rescue story, a strong wave washed over the area where News 12 reporter Jim Murdoch and photojournalist Ryan Beckman were standing. The wave knocked over the camera equipment. The News 12 crew quickly got out of the way and are OK.