Search
Three-Story Corner Mixed-Use Property
For Sale
$700,000

78 Main Avenue, Ocean Grove, NJ 07756

Commercial frontage occupies the first floor, with apartments arranged on the two upper levels.

Property SizeContact for details
Days on Market168

Property Features for 78 Main Avenue

General Information

Standard status Active
Property subtype Multi-Family / Duplex

Property Condition

Severity Major Repairs Needed
Evidence Gutted to the studs

Amenities

3
Full
Sellers personal property in the basement
0.0
No

Building Details

Buildings 1
Stories 3
Listing Agency: Coldwell Banker Realty
Listed By: Diana Hamilton · License #8430398
Source: Compass
Added: Mar 17 Changed: Aug 31 Last Checked: Aug 31 at 1:25AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This three-story corner mixed-use property at 78 Main Avenue combines a commercial first floor with apartment spaces on the second and third floors. The building has been stripped to the studs and requires a complete renovation and interior build-out. A newly poured basement floor adds to the existing lower-level improvements.

The property is positioned in Ocean Grove’s Business District, within blocks of the Atlantic Ocean and beach. The surrounding area includes the boardwalk, boutiques, cafes, and the Great Auditorium. Its mixed commercial and residential configuration also supports a live-work layout, subject to applicable approvals and renovation requirements.

Key Highlights

  • Three‑story corner mixed‑use building at 78 Main Avenue
  • Commercial space on the first floor; apartments occupy the second and third floors
  • Gutted to the studs and ready for full renovation and build‑out

Property Analytics

Current Use

James J. Pentz, ... Real Estate Agency

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.

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial frontage occupies the first floor, with apartments arranged on the two upper levels.
Where is this mixed-use property located?
The property is located at 78 Main Avenue Ocean Grove, NJ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Three‑story corner mixed‑use building at 78 Main Avenue; Commercial space on the first floor; apartments occupy the second and third floors; Gutted to the studs and ready for full renovation and build‑out
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message