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Three-Family Property with Separate Entrances
New
For Sale
$1,225,000

68 Mount Tabor Way, Ocean Grove, NJ 07756

Includes a five-bedroom owner’s residence, a one-bedroom apartment, and a studio with independent access.

Property Size1,659 SF
Days on Market7

Property Features for 68 Mount Tabor Way

General Information

Standard status Active
Size 1,659 SF
Property subtype Three Family

Amenities

private rocking chair porch
large yard

Building Details

Building Size 1,659 SF
Year Built 1885
Buildings 1
Tenancy Multi
Listing Agency: C21/ Coastal Realtors
Listed By: Christopher Kavan · License #1756600
Source: Sackmanrealty
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 5 at 5:12AM

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 C21/ Coastal Realtors

Investment Insights

Based on property information with market context.

Built in 1885, this legal triplex combines an owner-occupied-style residence with two additional apartments. The primary unit offers 5BR/2BA, a private rocking chair porch, and access to a large yard. A separate 1BR apartment and a studio each have their own entrance, creating a flexible three-unit layout. The apartments are currently vacant for sale, allowing the next owner to establish occupancy arrangements.

The property is located at 68 Mount Tabor Way in Ocean Grove, three blocks from the beach and half a block from Days. Main Avenue shopping is two blocks away, while the Asbury Park pedestrian bridge is a few blocks from the property. Its residential configuration and proximity to these destinations support a range of owner-occupancy and rental planning options, subject to applicable requirements.

Key Highlights

  • Legal 3‑family property built in 1885
  • 5BR/2BA owner’s unit with private rocking chair porch
  • Additional 1BR apartment and studio, each with separate entrances

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Locksmith Florist Butcher Cosmetic Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,886
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Includes a five-bedroom owner’s residence, a one-bedroom apartment, and a studio with independent access.
Where is this triplex located?
The property is located at 68 Mount Tabor Way 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 built in 1885; 5BR/2BA owner’s unit with private rocking chair porch; Additional 1BR apartment and studio, each with separate entrances
More about this property
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