Ocean Grove, NJ Multifamily Properties for Sale

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Asbury Park, NJ Bradley Beach, NJ Neptune, NJ Avon By The Sea, NJ Neptune City, NJ Allenhurst, NJ Ocean, NJ Belmar, NJ

9 properties

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Updated: Aug 3

Two-Cottage Duplex

100 Cookman Avenue, Ocean Grove, NJ 07756

$849,000

1,700 sqft 0.04 AC lot

Two legal residences configured as a duplex
1,700 square feet on a 0.04‑acre lot
Second cottage renovated 2 years ago
Separate HWH, furnace, and cooling systems
5 short blocks to the beach

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This listing looks promising.

Here's a quick look at some key insights for

100 Cookman Avenue, Ocean Grove, NJ 07756

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Est. Cap Rate

3.4%
NOI ÷ price
Est. NOI

$28K
Annual
Price @ 7% Cap

$406K
Suggested
Property Type

Single Family Residence
Built 1929

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Updated: Aug 17

Lakefront Renovated Victorian Duplex

103 Central Avenue, Ocean Grove, NJ 07756

$1,999,000

3,239 sqft 0.06 AC lot

Duplex with 3,239 square feet, seven bedrooms, and five bathrooms
Renovated Victorian built in 1911
Lake‑front setting with ocean views
First‑floor two‑bedroom, two‑bath apartment
Fenced yard with patio and outdoor shower

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Updated Victorian Duplex

37 Broadway, Ocean Grove, NJ 07756

$1,599,000

1,510 sqft 0.05 AC lot

Legal two-family property with multiple porches, a fenced patio, outdoor shower, and separate living areas.

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Two-Cottage Duplex with Separate Systems

100 Cookman Avenue, Ocean Grove, NJ 07756

$849,000

1,700 sqft

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Victorian Duplex with Central Air

141 Main Avenue, Ocean Grove, NJ 07756

$999,000

2,280 sqft 0.04 AC lot

2-family Victorian duplex built in 1904 with central air, forced-air heating, and a private patio and front porch.

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Townhouse-Style Triplex with Deck

150 Lake Avenue, Ocean Grove, NJ 07756

$1,800,000

3,996 sqft 0.11 AC lot

Townhouse-style three-family offers separate utilities for each unit (water and sewer shared), plus central air and off-street parking.

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Renovated Duplex with Porch Space

93 Heck Avenue, Ocean Grove, NJ 07756

$899,000

1,666 sqft 0.04 AC lot

Renovated two-family duplex with wood flooring, forced-air heat, public water, and public sewer in Ocean Grove.

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Victorian Triplex with Stained Glass

66 Main Avenue, Ocean Grove, NJ 07756

$799,000

1,283 sqft 0.04 AC lot

Victorian 3-unit mixed-use property built in 1870 with stained glass, fenced exterior, and porch and deck.

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Three-Family Property with Private Entrances

123 Main Avenue, Ocean Grove, NJ 07756

$1,225,000

Well-maintained three-family in Ocean Grove with private entrances, baseboard heating, and public water and sewer.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 9 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-Family Property with Vacant Upper Unit

120 Atkins Avenue, Neptune, NJ 07753

$625,000

1,798 sqft 0.15 AC lot

Corner-lot duplex with separate electric and gas utilities, public water and sewer, and off-street parking.

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Corner-Lot Duplex with Separate Utilities

120 Atkins Avenue, Neptune, NJ 07753

$625,000

1,798 sqft 0.15 AC lot

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

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Legal Three-Family Triplex with Detached Buildings

508 Newark Avenue, Bradley Beach, NJ 07720

$1,050,000

0.10 AC lot

Legal three-family triplex with three detached structures on one 0.1-acre lot, plus central air.

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Three-Family Residential Income Property

500 Park Place Ave, Bradley Beach, NJ 07720

$1,599,900

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

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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

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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Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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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.

APARTMENT HOUSE (UNDER 5 UNITS)

144 Lk Ave, Ocean Grove, NJ 07756-1476

$915,000

Estimated value

4,718 sqft 0.22 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

106 Lk Ave, Ocean Grove, NJ 07756-1482

$680,000

Estimated value

3,802 sqft 0.10 AC lot

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Ocean Grove, NJ Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Ocean Grove, NJ, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 17,374 square feet of properties for sale, with an estimated market value of $11,018,000.

Sale prices for multifamily properties in Ocean Grove, NJ start at $799,000, averaging $1,224,222, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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

Residential Income

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