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    57 Main Ave Ocean Grove, NJ 07756

    Pending
    For Sale
    $395,000

    COMMERCIAL - Ocean Grove, NJ

    Property size:
    1,572 SF
    Lot size:
    0.01 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 57 Main Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    35-00164-0000-00002-0000-C13
    Parking features
    On Street
    Size
    1,572 SF
    Lot size
    0.01 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1989
    Floors in Building
    1

    Crossroads Realty Inc-WH (732) 350-1000

    Listing agent George J Shenewolf (732) 244-4900

    Listing date Oct 1, 2025

    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 Retail Condo

    This 1,572 square foot retail condo is located in the heart of Ocean Grove, New Jersey. The interior unit features a storefront on Main Avenue and is situated adjacent to the post office, benefiting from significant foot traffic. Currently operating as an art gallery, the property is located two blocks from the ocean and boardwalk, and within walking distance of Asbury Park. The lot size is approximately 0.01 acres. This location offers potential for various retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Main Avenue Galleria Art Gallery David Spelman Association Or Organization

    Suggested Use

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

    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
    -74.007157
    Latitude
    40.212327

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    FAQs

    What type of property is this?
    Retail space - Retail condo in prime Ocean Grove location near boardwalk.
    Where is this retail space located?
    The property is located at 57 Main Ave Ocean Grove, NJ.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Ocean Grove on Main Ave.; - High foot traffic due to adjacency to the post office.; - Short 2-block walk to the Ocean/Boardwalk.
    (732) 244-4900
    Request Owner's contact information
    57 Main Ave Ocean Grove, NJ 07756
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    Ocean Grove, NJ 07756
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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
    57 Main Ave Ocean Grove, NJ 07756
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