Hospitality

Ocean Grove, NJ Hospitality Properties for Sale

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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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28-Room Hotel with Multi-Level Porches
Updated: Jul 31
28-Room Hotel with Multi-Level Porches

39 Main Avenue, Ocean Grove, NJ 07756

$4,250,000
28 guest rooms, including 26 with en suite baths and 2 sharing a bath
10,260‑square‑foot hotel built in 1876
Owner’s or manager’s unit includes bedroom, living room, kitchen, full bath, and office
Three levels of front porches plus two levels at the rear
Corner‑lot setting at 39 Main Avenue in Ocean Grove
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2 active listings match your search: Hospitality for sale in Ocean Grove, NJ. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 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.

Commercial Land with Motel Improvements
Commercial Land with Motel Improvements

3304 State Route 66 #3304, Neptune, NJ 07753

$2,800,000
50,000 sqft

C-1 zoning applies to the site, which includes a motel requiring complete renovation.

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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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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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Income-Producing Hospitality Asset
Income-Producing Hospitality Asset

217 Broadway, Point Pleasant Beach, NJ 08742

Contact for pricing

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

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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
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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 6 hospitality properties for sale in Ocean Grove, NJ on our real estate platform. These investment opportunities span a total of 10,260 square feet of properties for sale, with an estimated market value of $8,500,000.

Sale prices for hospitality properties in Ocean Grove, NJ average $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 2

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 $3.9M

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)

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