28-Room Hotel with Multi-Level
For Sale
$4,250,000
39 Main Avenue, Ocean Grove, NJ 07756
The property includes an owner’s unit and multiple levels of front and rear porches.
Property Size10,260 SF
Price / SF$414.23
Days on Market11
Property Features for 39 Main Avenue
General Information
Standard status
Active
Size
10,260 SF
Property subtype
General Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$30,356
Amenities
Parking. Corner Lot.
On Street.
Level
30 x 117
Corner, Level.
Building Details
Year Built
1876
Listing Agency:
RE/MAX Gateway
(732) 361-0770
Listed By:
Alfredo Fresnedo · License #8333376
(732) 361-0770
Source:
Xome
Added: Jul 26
Changed: Aug 3
Last Checked: Aug 5 at 3:59AM
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 RE/MAX Gateway
Investment Insights
Based on property information with market context.
Built in 1876, this 10,260-square-foot hotel contains 28 guest rooms, including 26 with en suite baths and two that share a bath. The owner’s or manager’s unit adds a bedroom, living room, kitchen, full bath, and office. Outdoor improvements include three levels of front porches and two levels at the rear.
The hotel occupies a corner lot at 39 Main Avenue in Ocean Grove, with downtown amenities outside the property. The oceanfront is approximately two short blocks away, while the Great Auditorium and a footbridge across Wesley Lake to Asbury Park are located a few blocks from the hotel.
The hotel occupies a corner lot at 39 Main Avenue in Ocean Grove, with downtown amenities outside the property. The oceanfront is approximately two short blocks away, while the Great Auditorium and a footbridge across Wesley Lake to Asbury Park are located a few blocks from the hotel.
Key Highlights
- 28 guest rooms, including 26 with en suite baths and 2 sharing a bath
- 10,260‑square‑foot hotel built in 1876
- Owner’s or manager’s unit includes bedroom, living room, kitchen, full bath, and office
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - The property includes an owner’s unit and multiple levels of front and rear porches.
Where is this hotel located?
The property is located at 39 Main Avenue Ocean Grove, NJ.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 28 guest rooms, including 26 with en suite baths and 2 sharing a bath; 10,260‑square‑foot hotel built in 1876; Owner’s or manager’s unit includes bedroom, living room, kitchen, full bath, and office
