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    110 Mount Tabor Way Ocean Grove, NJ 07756

    For Sale
    $1,079,000

    MULTI_FAMILY - Ocean Grove, NJ

    Property size:
    2,690 SF
    Days on Market:
    22
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 110 Mount Tabor Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 7, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 5, Basement, Bedroom 6, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4
    Bedrooms
    7
    Bathrooms
    4
    APN
    35-00152-0000-00003
    Parking features
    On Street
    Exterior features
    Outdoor Grill
    Basement
    Full
    Size
    2,690 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Wood

    RE/MAX Gateway (732) 361-0770

    Listing agent Michele DeRose (732) 361-0770

    Listing date Nov 14, 2025

    MLS# 22532798 Listing URL

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean Grove Multifamily Property

    This legal 3-family property, with over 2700 square feet across three levels and a full basement, is located approximately two blocks from the footbridge to Asbury Park and about five blocks from the Ocean Grove Beach and Boardwalk. The property features two first-floor, one-bedroom, one-bath apartments, each with separate entrances and a solid rental history. One of these apartments includes laundry facilities, a small patio space, and an outdoor shower. The upper apartment spans the second and third floors, offering a large living room, five bedrooms, a small vintage kitchen, two bathrooms, laundry facilities, a south-facing sunroom, and an additional den on the third floor. Historic features include original woodwork, hardwood floors, a clawfoot tub, and a vintage kitchen sink, reflecting the building's history as an 1890 former rooming house. Hardwood floors are present throughout the property. The furnaces and hot water heaters were replaced in 2024, and mini-splits have been installed in some areas. The property has separate gas and electric meters. One apartment is currently occupied on a month-to-month basis but will be delivered vacant. Furnishings are negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Grove
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.010517
    Latitude
    40.213683

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    FAQs

    What type of property is this?
    Triplex - Legal 3-family property near Asbury Park and Ocean Grove Beach.
    Where is this triplex located?
    The property is located at 110 Mount Tabor Way Ocean Grove, NJ.
    What is the asking price?
    The asking price for this property is $1,079,000.
    What are key features of this property?
    This property features: - Legal 3-family property offering immediate rental income potential.; - Prime location: just 2 blocks from Asbury Park footbridge and 5 blocks to Ocean Grove Beach and Boardwalk.; - **Large upper apartment with 5 bedrooms, 2 bathrooms, sunroom, and den.**
    (732) 361-0770
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 Mount Tabor Way Ocean Grove, NJ 07756
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