Multifamily

Ocean Grove, NJ Multifamily Properties for Sale

Notify Me
List
Map
Asbury Park, NJ Bradley Beach, NJ Neptune, NJ Avon By The Sea, NJ Neptune City, NJ Allenhurst, NJ Wanamassa, NJ Belmar, NJ
13 properties
Sort:
Lakefront Victorian Duplex
Updated: Sep 30
Lakefront Victorian Duplex

103 Central Avenue, Ocean Grove, NJ 07756

$1,999,000
3,099 sqft 0.06 AC lot
Two‑family Victorian built in 1911
Lakefront property with lake and ocean views
0.06‑acre lot
Zoned heating and cooling, forced‑air heat, and central air conditioning
First‑floor apartment with two bedrooms and two bathrooms
View details
Two-Family Duplex with Outdoor Space
Updated: Sep 26
Two-Family Duplex with Outdoor Space

130 Heck Avenue, Ocean Grove, NJ 07756

$600,000
1,072 sqft 0.04 AC lot
Legal two‑family property with two residential units
1,072 square feet on a 0.04‑acre lot
Second‑floor unit has a private exterior entrance and was recently renovated
First‑floor unit opens to a rear yard with a composite deck
Eight short blocks from the beach and boardwalk
View details
Victorian Duplex
Victorian Duplex

103 Central Avenue, Ocean Grove, NJ 07756

$1,999,000
3,239 sqft 0.06 AC lot

A multi-level layout pairs a ground-floor apartment with additional living areas above.

View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Two-Cottage Duplex with Separate Systems
Two-Cottage Duplex with Separate Systems

100 Cookman Ave, Ocean Grove, NJ 07756

$849,000
1,700 sqft

Two distinct cottages offer separate systems, flexible layouts, and character-rich indoor and outdoor spaces.

View details
Duplex with Finished Third Floor
Duplex with Finished Third Floor

97 Asbury Avenue, Ocean Grove, NJ 07756

$1,111,111
2,217 sqft 0.04 AC lot

Flexible two-family layout with three bedrooms, three full baths, and two kitchens.

View details
Victorian Duplex with Ocean Views
Victorian Duplex with Ocean Views

37 Broadway, Ocean Grove, NJ 07756

$1,599,000
1,510 sqft 0.05 AC lot

Two-family property with separate living areas, porches, patio, and outdoor shower.

View details
Three-Unit Townhouse-Style Triplex
Three-Unit Townhouse-Style Triplex

150 Lake Avenue, Ocean Grove, NJ 07756

$1,800,000
3,996 sqft 0.11 AC lot

Each residence offers two bedrooms, one and one-half baths, private parking, and a one-car garage.

View details
Duplex with Finished Third Floor
Duplex with Finished Third Floor

97 Asbury Ave, Ocean Grove, NJ 07756

$1,111,111
2,217 sqft

Flexible property with distinct first- and second-floor layouts, outdoor space, and additional finished living area above.

View details
Victorian Triplex Near Beach
Victorian Triplex Near Beach

66 Main Avenue, Ocean Grove, NJ 07756

$799,000
1,283 sqft 0.04 AC lot

Three-unit mixed-use property with porch, deck, and stained-glass detailing.

View details
Victorian Duplex with Lake Views
Victorian Duplex with Lake Views

103 Central Ave, Ocean Grove, NJ 07756

$1,999,000
3,099 sqft

The two-family layout includes a separate first-floor apartment and additional living space across the upper levels.

View details
Renovated Two-Family Duplex
Renovated Two-Family Duplex

93 Heck Ave, Ocean Grove, NJ 07756

$899,000
1,666 sqft

Two residential units include a three-bedroom apartment and a renovated studio.

View details
Updated Two-Family Victorian Duplex
Updated Two-Family Victorian Duplex

37 Broadway, Ocean Grove, NJ 07756

$1,599,000
1,510 sqft

Three-level property offers flexible living arrangements, outdoor spaces, and beach access in Ocean Grove.

View details
Duplex with Private Outdoor Space
Duplex with Private Outdoor Space

130 Heck Avenue, Ocean Grove, NJ 07756

$600,000

Two separate living units include distinct kitchens and bathrooms, with one opening to a rear yard and deck.

View details
Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 13 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 2 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.

Two-Unit Duplex with Deck
Two-Unit Duplex with Deck

120 Atkins Avenue, Neptune, NJ 07753

$599,000
1,798 sqft 0.15 AC lot

Two residences include one month-to-month tenancy and one vacant upper-level unit.

View details
Corner-Lot Duplex with Separate Utilities
Corner-Lot Duplex with Separate Utilities

120 Atkins Avenue, Neptune, NJ 07753

$599,000
1,798 sqft 0.15 AC lot

Two-unit property with a tenant-occupied lower residence and a vacant upper unit ready for occupancy.

View details
Three-Unit Detached Triplex
Three-Unit Detached Triplex

508 Newark Avenue, Bradley Beach, NJ 07720

$1,050,000
0.10 AC lot

Legal three-family layout spans separate structures with public utilities.

View details
Three-Family Residential Income Property
Three-Family Residential Income Property

500 Park Place Avenue, Bradley Beach, NJ 07720

$1,599,900

Three units on a corner lot with off-street parking and separate utilities, all currently rented.

View details

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.

View details
Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

View details

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

Estimated value:
$915,000
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

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

Ocean Grove, NJ Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in Ocean Grove, NJ, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 26,608 square feet of properties for sale, with an estimated market value of $16,964,222.

Sale prices for multifamily properties in Ocean Grove, NJ start at $600,000, averaging $1,304,940, and reaching up to $1,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 11
Triplexes 2

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 $1.2M

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

Office

Residential Income

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Why this one?
Saved
Reason not saved — we won't ask again