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    Historic Hotel with Street-Level Restaurant Title is generated by Realmo AI

    5 Abbott Avenue, Ocean Grove, NJ 07756

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    Claim this Listing
    For Sale
    $3,395,000

    COMMERCIAL - Ocean Grove, NJ

    Property size:
    9,427 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $360/SF
    Added:
    Dec 19, 2025
    Days on Market:
    172
    Last Refresh:
    Jun 9 at 2:06 am

    Property Features for 5 Abbott Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Basement
    Finished, Full
    Standard status
    Active
    APN
    35-00230-0000-00015
    Size
    9,427 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    34256

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public
    Water front
    1

    Building Details

    Year built
    1871
    Floors in Building
    4

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    Listing Contact
    Alfredo Fresnedo
    Alfredo Fresnedo

    Listing agent Alfredo Fresnedo License #8333376

    Listing office RE/MAX Gateway 45 Main Ave., Ocean Grove, NJ

    Listing date Dec 19, 2025

    MLS# 22537035

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 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.
    • Includes owner's quarters.

    Overview

    This historic Ocean Grove hotel property includes 20 renting rooms with 21 full baths and 3 half baths. The building also features owners quarters and three large porches that offer panoramic ocean views. At street level, there is a restaurant area with a private entrance, which is currently used for guest breakfast and an ice cream parlor that is open to the public.

    The property sits on a double lot and is located just steps to the beach in Ocean Grove. The combination of multiple porches with ocean views and a street-level dining entry provides a distinctive setup for hospitality operations.

    For buyers seeking a hospitality investment with on-site lodging and food service under one roof, the layout supports a guest-focused operation while keeping the restaurant accessible to the public. The property is described as operating seasonally, and the existing restaurant configuration could be adapted for broader food and beverage service use, subject to required approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lillagaard Bed & Breakfast Bed & Breakfast Waves at the Lillagaard Ice ... Grocery & Convenience Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Grocery & Convenience 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
    -74.004875
    Latitude
    40.209903

    FAQs

    What type of property is this?
    Hotel - Seasonal hotel with 20 guest rooms and a street-level restaurant/ice cream parlor with a private entrance.
    Where is this hotel located?
    The property is located at 5 Abbott Avenue Ocean Grove, NJ.
    What is the asking price?
    The asking price for this property is $3,395,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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