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Three-Family Residential Income Property

123 Main Avenue Unit 1 Ocean Grove, NJ 07756

123 Main Avenue Unit 1, Ocean Grove, NJ, 07756
$1,300,000
For Sale
$1,300,000

Legal three-family property with private unit entrances a few blocks from the beach and boardwalk in Ocean Grove.

Days on Market127

Property Features for 123 Main Avenue Unit 1

General Information

Standard status
Active
Property subtype
Multi-Family / Three Family
Listing agency NJ Realty Pros
Listed by Anna Safonova · License #1327456
Source Compass
Added: Mar 18 Updated: Jul 21 at 6:56PM Checked: Jul 22 at 8:55AM

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.

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

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Locksmith Florist Butcher (Bike/Boat/Book/etc) Store Cosmetic Store Pet Store Pet Store & Service Fish Market Nursing Home Adult Day Care

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 Unit 1 Ocean Grove, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
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
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