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    147 Webb Ave Ocean Grove, NJ 07756

    For Sale
    $779,900

    MULTI_FAMILY - Ocean Grove, NJ

    Lot size:
    0.04 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 147 Webb Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    35-00222-0000-00010
    Parking features
    On Street
    Basement
    Partial
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1921
    Floors in Building
    2
    Number of units
    2
    Roof type
    Shingle

    Shire Realty Inc (732) 528-6560

    Listing agent James W Whalen (732) 528-6560

    Listing date Nov 21, 2025

    MLS# 22533121 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 Opportunity

    This Ocean Grove property offers terrific flexibility with two side-by-side, two-story townhomes. The property presents an opportunity to use one unit while renting the other, or to utilize both for seasonal or short-term rentals, accommodating various investment or personal needs. The newly renovated eastern unit features a bright, sunny main living space, a kitchen with outdoor access, two bedrooms, and a new bathroom. The western unit offers similar amenities but with a different layout. Situated on a corner lot, the property is conveniently located in a friendly part of town, providing easy access to shopping, dining, and the beach, including downtown Asbury Park. The lot size is 0.04 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -74.013653
    Latitude
    40.212113

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    FAQs

    What type of property is this?
    Duplex - Two renovated townhomes in Ocean Grove, near Asbury Park.
    Where is this duplex located?
    The property is located at 147 Webb Ave Ocean Grove, NJ.
    What is the asking price?
    The asking price for this property is $779,900.
    What are key features of this property?
    This property features: - Two separate townhome units on one property, offering flexibility for rental income or personal use.; - Priced under $800k for two units.; - Newly renovated eastern unit with bright living space and new bathroom.
    (732) 528-6560
    Request Owner's contact information
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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
    147 Webb Ave Ocean Grove, NJ 07756
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