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5 Abbott Avenue Ocean Grove, NJ 07756

View on Map
For Sale
$3,395,000

COMMERCIAL - Ocean Grove, NJ

Property size:
9,427 SF
Lot size:
0.05 Acres
Added:
Dec 19, 2025
Days on Market:
103
Last Refresh:
Apr 1 at 5:06 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

TaxYear
2025
TaxAnnualAmount
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.


Overview

Historic Hotel with Ocean Views

This historic hotel in Ocean Grove, New Jersey, presents a solid investment opportunity with significant growth potential. Situated on a double lot, the property is located steps from the award-winning beach. The building features 20 rentable rooms, 21 full bathrooms, and 3 half bathrooms. It also includes 3 large porches that offer panoramic ocean views, as well as owner's quarters. A 49-seat restaurant with a private entrance is located on the street level. Currently, the restaurant is used for guest breakfasts and an ice cream parlor open to the public, but it could be converted into a full-service restaurant. The property is 9,427 square feet in size and sits on a 0.05-acre lot. The business currently operates seasonally, but offers the possibility of year-round operation as a hotel and restaurant.
Property Profile Insight Report 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 - Ocean Grove hotel with restaurant and ocean views for sale.
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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