Hospitality

Ocean Grove, NJ Hospitality Properties for Sale

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Asbury Park, NJ Bradley Beach, NJ Neptune, NJ Avon By The Sea, NJ Neptune City, NJ Allenhurst, NJ Belmar, NJ Tinton Falls, NJ
28-Room Historic Hotel
Updated: Jul 29
28-Room Historic Hotel

39 Main Avenue, Ocean Grove, NJ 07756

$4,250,000
10,260 sqft 0.12 AC lot
28‑room hotel with 26 en suite guest baths and 2 rooms sharing a bath
Owner‑manager unit includes 1 bedroom, living room, kitchen, full bath, and office
Three front porch levels plus two rear porch levels
Built in 1876 on a 0.12‑acre corner lot
Two short blocks from the oceanfront
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Historic Hotel with Restaurant
Updated: Dec 19, 2025
Historic Hotel with Restaurant

5 Abbott Avenue, Ocean Grove, NJ 07756

$3,150,000
9,427 sqft 0.05 AC lot
20 guest rooms with 21 full baths and 3 half baths
9,427‑square‑foot hotel on a 0.05‑acre double lot
49‑seat street‑level restaurant with private entrance
3 large porches with ocean views
Built in 1871
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Historic Hotel with Ocean Views
Historic Hotel with Ocean Views

5 Abbott Avenue, Ocean Grove, NJ 07756

$3,150,000
9,427 sqft

Historic Ocean Grove hotel with restaurant and ocean views.

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See what stands out in Monmouth County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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28-Room Hotel with Multi-Level Porches
28-Room Hotel with Multi-Level Porches

39 Main Avenue, Ocean Grove, NJ 07756

$4,250,000

The property includes an owner’s unit and multiple levels of front and rear porches.

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Based on your search, we've compiled 12 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

Opportunities in Nearby Cities

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

25-Room Motel with Pool
25-Room Motel with Pool

3304 State Route 66, Neptune, NJ 07753

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

Operating motel with an in-ground pool, circular driveway, and public water and sewer.

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25-Room Motel with In-Ground Pool
25-Room Motel with In-Ground Pool

3304 State Route 66, Neptune, NJ 07753

$2,800,000

C-1 zoned 25-room motel site with an in-ground pool, sold as-is.

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Income-Producing Hospitality Asset
Income-Producing Hospitality Asset

217 Broadway, Point Pleasant Beach, NJ 08742

$7,900,000

For sale hospitality property positioned on Broadway with walkable access to the boardwalk, attractions, and the Atlantic Ocean.

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Point Pleasant Beach Motel Opportunity
Point Pleasant Beach Motel Opportunity

210 Arnold Avenue, Point Pleasant Beach, NJ 08742

$3,500,000
10,080 sqft 0.61 AC lot

29-room motel near beach and boardwalk in Point Pleasant Beach.

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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

Estimated value:
$460,000
10,320 sqft 0.12 AC lot
View details
8 Ocean Ave
HOTEL

8 Ocean Ave, Ocean Grove, NJ 07756-1666

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

20 Pitman Ave, Ocean Grove, NJ 07756-1623

Estimated value:
$360,000
8,746 sqft 0.07 AC lot
View details
17 Ocean Ave
HOTEL

17 Ocean Ave, Ocean Grove, NJ 07756-1662

Estimated value:
$725,000
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 29,114 square feet of properties for sale, with an estimated market value of $14,800,000.

Sale prices for hospitality properties in Ocean Grove, NJ start at $3,150,000, averaging $3,700,000, and reaching up to $4,250,000 — 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 4

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 $3.6M

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

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