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    Ocean Grove, NJ
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    Ocean Grove, NJ Multifamily Properties for Sale

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    Three-Unit Townhouse-Style Residence
    Updated: Apr 29
    Three-Unit Townhouse-Style Residence

    150 Lake Avenue, Ocean Grove, NJ 07756

    $1,800,000
    3,996 sqft · 0.11 AC lot
    Three‑family townhouse‑style property built in 1987 in Historic Ocean Grove
    Each unit features 2 bedrooms and 1.5 baths (one and one half baths per unit)
    All separate utilities except for water and sewer
    Each unit has its own parking space and one‑car garage
    Lakefront setting; features include a deck and deck/patio exterior
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    Ocean Grove Multifamily Property
    Updated: May 12
    Ocean Grove Multifamily Property

    68 Mount Tabor Way, Ocean Grove, NJ 07756

    $1,179,000
    1,659 sqft · 0.04 AC lot
    Legal 3‑family property with a 5BR/2BA owners unit plus a 1BR and a studio apartment
    1BR and studio both have separate entrances
    Zoned heating and multi‑unit cooling
    Public water and public sewer
    Private rocking chair porch and a large yard
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    Two-Family Victorian Duplex
    Two-Family Victorian Duplex

    141 Main Avenue, Ocean Grove, NJ 07756

    $999,000
    2,280 sqft · 0.04 AC lot

    Two separate units with updated interiors and central A/C, plus outdoor space and shared laundry for convenient beach-town living.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Ocean Grove Multifamily Income Property
    Ocean Grove Multifamily Income Property

    147 Webb Avenue, Ocean Grove, NJ 07756

    $739,000
    1,520 sqft · 0.04 AC lot

    Two-unit property near the beach and downtown Asbury.

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    Victorian Three-Family Residence
    Victorian Three-Family Residence

    81 Mount Zion Way, Ocean Grove, NJ 07756

    $939,000
    2,442 sqft · 0.04 AC lot

    Well-maintained 1904 Victorian with two one-bedroom units and a renovated two-bedroom owner’s residence.

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    Renovated Multifamily in Historic Ocean Grove
    Renovated Multifamily in Historic Ocean Grove

    93 Heck Avenue, Ocean Grove, NJ 07756

    $899,000
    1,666 sqft · 0.04 AC lot

    Renovated multifamily property near downtown, beaches, and Asbury Park.

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    Legal 3-Unit Multifamily with Private Entrances
    Legal 3-Unit Multifamily with Private Entrances

    123 Main Avenue, Ocean Grove, NJ 07756

    $1,225,000

    Well-maintained legal three-family property with separate entrances for convenient tenant privacy and flexible occupancy options.

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    Turnkey Two-Family Victorian
    Turnkey Two-Family Victorian

    141 Main Avenue, Ocean Grove, NJ 7756

    $999,000
    2,280 sqft

    Two-family Victorian with updated units, CAC, and a side patio near Ocean Grove beach access.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 8 Active listings in Ocean Grove, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated 5-Unit Apartment Building
    Renovated 5-Unit Apartment Building

    905 Grand Avenue, Asbury Park, NJ 07712

    $1,100,000
    4,086 sqft · 0.09 AC lot

    Turnkey, fully leased building offering two studios and three one-bedrooms with newer electrical and boiler.

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    Bradley Beach Multi-Family Property
    Bradley Beach Multi-Family Property

    500 Park Place Avenue, Bradley Beach, NJ 07720

    $1,725,000
    1,560 sqft · 0.11 AC lot

    Three-unit property near Main Street, Bradley Beach.

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    Versatile Three-Family Property Near Ocean
    Versatile Three-Family Property Near Ocean

    508 Newark Avenue, Bradley Beach, NJ 07720

    $1,175,000
    0.10 AC lot

    Legal three-family property, five blocks from the ocean.

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    Asbury Park Microunit Development Site
    Asbury Park Microunit Development Site

    710 Mattison Avenue, Asbury Park, NJ 07712

    $5,000,000
    39,600 sqft · 0.30 AC lot

    Approved 48-unit microunit apartment development with historic theater.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Flatbush Development Property For Sale
    Flatbush Development Property For Sale

    14 E 32nd Street lot: 13, Brooklyn, NY 11226

    $1,249,000
    1,407 sqft · 0.09 AC lot

    40 x 100 lot with R6, C1-2 zoning.

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    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft · 0.10 AC lot

    Two-family home on a large lot with significant development potential.

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    Land Near Camelback Resort
    Land Near Camelback Resort

    250 Big Hill Pass, Scotrun, PA 18355

    Contact for pricing
    0.18 AC lot

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

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    Expansive Land Parcel in Holmes
    Expansive Land Parcel in Holmes

    545 Grape Hollow Road, Holmes, NY 12531

    $750,000
    2,480 sqft · 75.32 AC lot

    75+ acre land parcel with garage near I-84.

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    Off-Market Properties in Ocean Grove, NJ

    Consider similar Off-Market properties in Ocean Grove, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    144 Lk Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    144 Lk Ave, Ocean Grove, NJ 07756-1476

    $915,000
    Estimated value
    4,718 sqft · 0.22 AC lot
    View details
    106 Lk Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    106 Lk Ave, Ocean Grove, NJ 07756-1482

    $680,000
    Estimated value
    3,802 sqft · 0.10 AC lot
    View details

    Ocean Grove, NJ Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Ocean Grove, NJ, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 15,843 square feet of properties for sale, with an estimated market value of $7,554,000.

    Sale prices for multifamily properties in Ocean Grove, NJ start at $739,000, averaging $1,079,142, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Triplexes 4

    Demographics Overview

    Population 3,033
    Population Growth (5Y) -3.2%
    Median Household Income $74,410
    College Educated 93.7%

    High-Yield Neighborhoods for Investment

    Identify Ocean Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07756 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.65%
    Property Tax per SF $4.98 per SF
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monmouth County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monmouth County

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