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    Ocean Grove, NJ
    Hospitality

    Ocean Grove, NJ Hospitality Properties for Sale

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    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.
    View details

    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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    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
    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.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Ocean Grove, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Land with Operating Motel
    Land with Operating Motel

    3304 State Route 66, Neptune, NJ 07753

    $2,800,000
    5,657 sqft 2.22 AC lot

    2.22-acre property with an operating 25-room motel featuring an in-ground pool and circular driveway.

    View details
    Redevelopment Land with Motel
    Redevelopment Land with Motel

    3304 State Route 66 Unit 3304, Neptune, NJ 07753

    $2,800,000
    5,657 sqft 2.20 AC lot

    2.2-acre site with an operating 25-room motel, offering redevelopment and new-build options on a high-visibility parcel.

    View details
    Turnkey Shorefront Motel Investment
    Turnkey Shorefront Motel Investment

    2300 Highway 35, Manasquan, NJ 08736

    $3,388,000
    0.60 AC lot

    Turnkey New Jersey Shore motel with 18 guest rooms, manager quarters, and an outdoor pool plus included business and real estate.

    View details
    Prime Redevelopment Opportunity Near Beaches
    Prime Redevelopment Opportunity Near Beaches

    2337 Route 34, Manasquan, NJ 08736

    $2,000,000
    6,167 sqft 1.29 AC lot

    Operating motel with high-density residential zoning near coastal attractions.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land
    Commercial Development Land

    812-822 US Highway 206, Hillsborough, NJ 08844

    $2,995,000
    7.88 AC lot

    Three-lot commercial development site with 631 feet of frontage on US Highway 206 in Hillsborough’s HS zone.

    View details
    Hotel Development Opportunity Near Airport
    Hotel Development Opportunity Near Airport

    306-308 Route 109, Farmingdale, NY 11735

    $3,900,000
    1.42 AC lot

    Hotel development opportunity near Farmingdale Airport.

    View details
    Galloway Township Commercial Property
    Galloway Township Commercial Property

    318 E White Horse Pike, Galloway Township, NJ 08205

    $599,000
    1.30 AC lot

    Commercial property with highway exposure in Galloway Township, New Jersey.

    View details
    Galloway Township Commercial Land
    Galloway Township Commercial Land

    W White Horse Pike, Galloway Township, NJ 08205

    $495,000
    4.82 AC lot

    Prime commercial land in up-and-coming business district.

    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.

    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
    8 Ocean Ave
    HOTEL

    8 Ocean Ave, Ocean Grove, NJ 07756-1666

    $545,000
    Estimated value
    7,336 sqft 0.06 AC lot
    View details
    20 Pitman Ave
    HOTEL

    20 Pitman Ave, Ocean Grove, NJ 07756-1623

    Value Estimation by Request
    8,746 sqft 0.07 AC lot
    View details
    17 Ocean Ave
    HOTEL

    17 Ocean Ave, Ocean Grove, NJ 07756-1662

    $725,000
    Estimated value
    9,347 sqft 0.11 AC lot
    View details

    Ocean Grove, NJ Hospitality Properties Market Trends and Statistics

    Explore 8 hospitality properties for sale in Ocean Grove, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 18,854 square feet of properties for sale, with an estimated market value of $10,543,000.

    Sale prices for hospitality properties in Ocean Grove, NJ start at $1,999,000, averaging $2,635,750, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 5

    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 $2.7M

    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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