Three-Family Residential Income
For Sale
$1,225,000
123 Main Avenue, Ocean Grove, NJ 07756
Legal three-family property with private unit entrances a few blocks from the beach and boardwalk in Ocean Grove.
Property SizeContact for details
Days on Market190
Property Features for 123 Main Avenue
General Information
Standard status
Active
Property subtype
Multi-Family / Three Family
Additional Details
Multifamily Units
3
Amenities
3
Full
6
3.0
No
Listing Agency:
NJ Realty Pros
(732) 234-7020
Listed By:
Anna Safonova · License #1327456
(732) 234-7020
Source:
Compass
Added: Feb 2
Changed: Aug 10
Last Checked: Aug 10 at 9:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NJ Realty Pros
Investment Insights
Based on property information with market context.
This well-maintained legal three-family property offers a practical income-focused layout with separate private entrances for each unit. Each residence includes bright living spaces and functional layouts designed to support comfortable, self-contained living.
Located in Ocean Grove, the property is just a few short blocks from the beach and boardwalk, placing it within easy reach of the area’s coastal activity. Ocean Grove also features a downtown environment with boutique shops, cafes, and restaurants, adding to the neighborhood’s day-to-day convenience.
As a three-unit residential income building, the property provides straightforward versatility for owners seeking to manage multiple households within a single structure while benefiting from the separation of each unit’s access.
Located in Ocean Grove, the property is just a few short blocks from the beach and boardwalk, placing it within easy reach of the area’s coastal activity. Ocean Grove also features a downtown environment with boutique shops, cafes, and restaurants, adding to the neighborhood’s day-to-day convenience.
As a three-unit residential income building, the property provides straightforward versatility for owners seeking to manage multiple households within a single structure while benefiting from the separation of each unit’s access.
Key Highlights
- Legal 3‑family property with 3 total full baths and 6 bedrooms across the building
- 3 levels with a full basement
- Each unit has its own private entrance
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,921
Businesses Nearby
Explore this area
Business Placement
Demographics for 07756, NJ
3,164
Population
2,831
Households
1.1
Avg Household Size
58
Median Age
64%
College-Educated
92%
High-School Grad
0.4 sq mi
ZIP Area
7,910
Density / Sq Mi
$74,410
Median Household Income
$58,148
Median Earnings
$1,212
Median Rent
$764,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Legal three-family property with private unit entrances a few blocks from the beach and boardwalk in Ocean Grove.
Where is this triplex located?
The property is located at 123 Main Avenue Ocean Grove, NJ.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Legal 3‑family property with 3 total full baths and 6 bedrooms across the building; 3 levels with a full basement; Each unit has its own private entrance
