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    Ocean Grove, NJ

    Ocean Grove, NJ Commercial Real Estate for Sale

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    Asbury Park, NJ Bradley Beach, NJ Neptune, NJ Avon By The Sea, NJ Neptune City, NJ Allenhurst, NJ Ocean, NJ Belmar, NJ
    Historic Hotel with Street-Level Restaurant
    Updated: Dec 19, 2025
    Historic Hotel with Street-Level Restaurant

    5 Abbott Avenue, Ocean Grove, NJ 07756

    $3,150,000
    9,427 sqft 0.05 AC lot
    Steps to Ocean Grove's award‑winning beach.
    Historic hotel with 20 renting rooms and a 49‑seat restaurant.
    Solid investment opportunity with huge growth potential.
    Three huge porches with panoramic ocean views.
    Located on a double lot.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5 Abbott Avenue, Ocean Grove, NJ 07756

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $144K
      Annual

    • Price @ 7% Cap

      $2.06M
      Suggested

    • Last Sold

      Jun 2000
      $960K

    • Property Type

      Commercial (General)
      Built 1871
    View Property Analytics
    Ocean Grove Hotel Near Beach
    Updated: Jan 17
    Ocean Grove Hotel Near Beach

    32 Embury Avenue, Ocean Grove, NJ 07756

    $1,999,000
    0.04 AC lot
    21 total rentable rooms in a year‑round hotel/boarding house setup
    Less than 2 blocks to the beach
    Includes a suite and a full one‑bedroom apartment, plus 19 rooms
    Shared kitchen and shared baths; monthly room rentals
    Property manager on site
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    Victorian Mixed-Use Property
    Victorian Mixed-Use Property

    66 Main Avenue, Ocean Grove, NJ 07756

    $799,000
    1,283 sqft 0.04 AC lot

    Historic Victorian structure currently configured as a three-unit live-work property near downtown Ocean Grove.

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    Historic Hotel with Ocean Views
    Historic Hotel with Ocean Views

    5 Abbott Avenue, Ocean Grove, NJ 07756

    $3,395,000
    9,427 sqft 0.05 AC lot

    Historic Ocean Grove hotel with restaurant and ocean views.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Serenity Inn Near Beach
    Serenity Inn Near Beach

    32 Embury Avenue, Ocean Grove, NJ 07756

    $1,999,000
    0.04 AC lot

    21-room hotel/boarding house near the beach.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Ocean Grove, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property Near Bradley Beach
    Mixed-Use Property Near Bradley Beach

    812 Main Street, Bradley Beach, NJ 07720

    $1,450,000
    490 sqft

    Mixed-use property combining residential comfort with commercial potential.

    View details
    Fully Leased Retail/Office Building
    Fully Leased Retail/Office Building

    21 Main Street, Asbury Park, NJ 07712

    $2,500,000
    8,020 sqft 0.09 AC lot

    A restored, fully leased building with three tenants, plus redevelopment potential up to eight stories.

    View details
    Retail Space on Cookman Avenue
    Retail Space on Cookman Avenue

    522 Cookman Ave, Asbury Park, NJ 07712

    Contact for pricing
    2,185 sqft

    Retail space available for sale, featuring 2,185 square feet.

    View details
    Mixed-Use Retail and Office Building
    Mixed-Use Retail and Office Building

    1115 Main Street, Bradley Beach, NJ 07720

    Contact for pricing
    2,130 sqft 0.26 AC lot

    Multi-use building with off-street parking, suited for retail and office uses along Main Street corridor.

    View details

    Off-Market Properties in Ocean Grove, NJ

    Consider similar Off-Market properties in Ocean Grove, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    70 Stockton Ave
    COMMERCIAL (GENERAL)

    70 Stockton Ave, Ocean Grove, NJ 07756-1150

    $8,985,000
    Estimated value
    79,684 sqft 2.00 AC lot
    View details
    43 Main Ave
    COMMERCIAL (GENERAL)

    43 Main Ave, Ocean Grove, NJ 07756-1562

    Value Estimation by Request
    3,155 sqft 0.06 AC lot
    View details
    14 Seaview Ave
    COMMERCIAL (GENERAL)

    14 Seaview Ave, Ocean Grove, NJ 07756-1625

    $1,000,000
    Estimated value
    4,718 sqft 0.03 AC lot
    View details
    118 Main Ave
    FUNERAL HOME

    118 Main Ave, Ocean Grove, NJ 07756-1457

    $1,435,000
    Estimated value
    4,918 sqft 0.17 AC lot
    View details
    144 Lk Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    144 Lk Ave, Ocean Grove, NJ 07756-1476

    $915,000
    Estimated value
    4,718 sqft 0.22 AC lot
    View details
    78 Main Ave
    COMMERCIAL (GENERAL)

    78 Main Ave, Ocean Grove, NJ 07756-1319

    $540,000
    Estimated value
    3,360 sqft 0.04 AC lot
    View details
    34 Ocean Pathway
    HOTEL

    34 Ocean Pathway, Ocean Grove, NJ 07756-1661

    Value Estimation by Request
    10,320 sqft 0.12 AC lot
    View details
    49 Main Ave
    COMMERCIAL (GENERAL)

    49 Main Ave, Ocean Grove, NJ 07756-1770

    $1,300,000
    Estimated value
    3,233 sqft 0.05 AC lot
    View details
    17 Embury Ave
    COMMERCIAL (GENERAL)

    17 Embury Ave, Ocean Grove, NJ 07756-1362

    $900,000
    Estimated value
    5,268 sqft 0.10 AC lot
    View details
    35 Pilgrim Pathway
    COMMERCIAL (GENERAL)

    35 Pilgrim Pathway, Ocean Grove, NJ 07756-1536

    $945,000
    Estimated value
    3,582 sqft 0.09 AC lot
    View details
    19 Main Ave
    COMMERCIAL (GENERAL)

    19 Main Ave, Ocean Grove, NJ 07756-1323

    $3,520,000
    Estimated value
    7,092 sqft 0.11 AC lot
    View details
    27 Webb Ave
    COMMERCIAL (GENERAL)

    27 Webb Ave, Ocean Grove, NJ 07756-1335

    $2,700,000
    Estimated value
    5,606 sqft 0.08 AC lot
    View details
    24 Central Ave
    COMMERCIAL (GENERAL)

    24 Central Ave, Ocean Grove, NJ 07756-1610

    $845,000
    Estimated value
    3,700 sqft 0.04 AC lot
    View details
    18 Main St
    COMMERCIAL (GENERAL)

    18 Main St, Ocean Grove, NJ 07756-1421

    Value Estimation by Request
    1,492 sqft 0.43 AC lot
    View details
    42 Main Ave
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    42 Main Ave, Ocean Grove, NJ 07756-1546

    Value Estimation by Request
    1,062 sqft 0.04 AC lot
    View details
    79 Main Ave
    COMMERCIAL (GENERAL)

    79 Main Ave, Ocean Grove, NJ 07756-1785

    $645,000
    Estimated value
    2,361 sqft 0.04 AC lot
    View details
    22 Ocean Pathway
    COMMERCIAL (GENERAL)

    22 Ocean Pathway, Ocean Grove, NJ 07756-1661

    $1,680,000
    Estimated value
    5,853 sqft 0.07 AC lot
    View details
    18 Ocean Pathway
    COMMERCIAL (GENERAL)

    18 Ocean Pathway, Ocean Grove, NJ 07756-1619

    $3,725,000
    Estimated value
    7,278 sqft 0.10 AC lot
    View details
    57 Embury Ave
    COMMERCIAL (GENERAL)

    57 Embury Ave, Ocean Grove, NJ 07756-1361

    $795,000
    Estimated value
    3,845 sqft 0.05 AC lot
    View details

    Ocean Grove, NJ Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Ocean Grove, NJ, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 20,137 square feet of properties for sale, with an estimated market value of $11,342,000.

    Sale prices for business properties in Ocean Grove, NJ start at $799,000, averaging $2,268,400, and reaching up to $3,395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,033
    Population Growth (5Y) -3.2%
    Median Household Income $74,410
    College Educated 93.7%

    High-Yield Neighborhoods for Investment

    Identify Ocean Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07756 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.65%
    Property Tax per SF $4.98 per SF
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monmouth County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monmouth County

    Retail

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