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    Ocean Grove, NJ Multifamily Properties for Sale

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    Asbury Park, NJ Bradley Beach, NJ Neptune, NJ
    9 results
    Ocean Grove Duplex Near Beach
    $749,000
    1,520 SF

    Ocean Grove Duplex Near Beach

    147 Webb Avenue, Ocean Grove, NJ 07756

    Two-unit property near the beach and downtown Asbury.

    • Two separate units, each with 2 bedrooms and 1 bathroom, great for guests or rental income.
    • Prime corner lot location in Ocean Grove, near Asbury Park, shopping, and the beach.
    • Larger backyard, perfect for entertaining and relaxing.
    • East unit features bright, sunny living space with gleaming hardwood floors and recessed lighting.
    • Fully renovated bathroom in the east unit.
    Updated: Apr 22
    View details
    Ocean Grove Multifamily Income Property
    $999,000
    1,880 SF

    Ocean Grove Multifamily Income Property

    136 Mount Hermon Way, Ocean Grove, NJ 07756

    Charming 3-unit property near the beach and downtown.

    • Prime Location: Short walk to the beach, boardwalk, downtown Ocean Grove, Asbury Park, and NYC transportation.
    • Multi‑Unit Property: Includes a renovated 2‑bedroom first‑floor unit, a 2‑bedroom second‑floor apartment, and a detached studio cottage.
    • Income Potential: Ideal for year‑round residence or seasonal retreat with rental income opportunities.
    • Renovated First‑Floor Unit: Features an open floor plan, well‑appointed kitchen, 2 bedrooms, 2 upscale full baths, enclosed porch, and private rear patio.
    • Versatile Studio Cottage: Suitable for rental, guests, home office, or artist studio.
    Updated: Apr 16
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    Ocean Grove Multifamily Property
    $1,179,000
    1,659 SF

    Ocean Grove Multifamily Property

    Three-unit property near the beach with income potential.

    68 Mount Tabor Way, Ocean Grove, NJ 07756
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    Renovated Multifamily in Historic Ocean Grove
    $899,000
    1,666 SF

    Renovated Multifamily in Historic Ocean Grove

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

    93 Heck Avenue, Ocean Grove, NJ 07756
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    Updated Two-Family Seashore Colonial
    $1,100,000
    2,772 SF

    Updated Two-Family Seashore Colonial

    Updated two-family home near the beach, close to amenities.

    101 Heck Avenue, Ocean Grove, NJ 07756
    View details
    Historic Two-Family Home, Ocean Grove
    $829,000
    2,890 SF

    Historic Two-Family Home, Ocean Grove

    Two-family home in historic Ocean Grove, blocks from the ocean.

    104-106 Mount Tabor Way, Ocean Grove, NJ 07756
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    Mixed-Use Investment Property, Ocean Grove
    $650,000

    Mixed-Use Investment Property, Ocean Grove

    Prime corner property near the beach, ready for renovation.

    78 Main Avenue, Ocean Grove, NJ 07756
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    Ocean Grove Multifamily Investment
    $1,300,000

    Ocean Grove Multifamily Investment

    Legal 3-family property near beach and boardwalk in Ocean Grove.

    123 Main Avenue, Ocean Grove, NJ 07756
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    MULTI_FAMILY - Ocean Grove, NJ
    $1,800,000
    3,996 SF

    MULTI_FAMILY - Ocean Grove, NJ

    Triplexes · 3,996 SF

    150 Lake Avenue, Ocean Grove, NJ 07756
    View details
    Based on your search, we've compiled 19 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 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.

    Mixed-Use Redevelopment Opportunity Near Route 35
    $699,000
    2,782 SF

    Mixed-Use Redevelopment Opportunity Near Route 35

    Value-add mixed-use redevelopment opportunity in high-visibility location near Route 35.

    1324 Corlies Avenue, Neptune, NJ 07753
    View details
    Mixed-Use Redevelopment Opportunity
    $699,000

    Mixed-Use Redevelopment Opportunity

    High-visibility mixed-use property near Route 35 in Neptune Township.

    1324 Corlies Avenue, Neptune, NJ 07753
    View details
    Bradley Beach Multi-Family Property
    $1,725,000
    1,560 SF

    Bradley Beach Multi-Family Property

    Three-unit property near Main Street, Bradley Beach.

    500 Park Place Avenue, Bradley Beach, NJ 07720
    View details
    Versatile Three-Family Property Near Ocean
    $1,250,000
    0.10 Acres

    Versatile Three-Family Property Near Ocean

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

    508 Newark Avenue, Bradley Beach, NJ 07720
    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
    $1,249,000
    1,407 SF

    Flatbush Development Property For Sale

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

    14 E 32nd Street lot: 13, Brooklyn, NY 11226
    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF

    Brooklyn Two-Family Home with Development Potential

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

    69 Martense Street, Brooklyn, NY 11226
    View details
    Land Near Camelback Resort
    Contact for pricing
    0.18 Acres

    Land Near Camelback Resort

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

    250 Big Hill Pass, Scotrun, PA 18355
    View details
    Expansive Land with Garage Structure
    $750,000
    2,480 SF

    Expansive Land with Garage Structure

    75.32 acres of land featuring a 2,480 SF garage.

    545 Grape Hollow Road, Holmes, NY 12531
    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

    144 Lk Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,718 SF
    Value Estimation
    $915,000
    144 Lk Ave, Ocean Grove, NJ 07756-1476
    View details
    106 Lk Ave

    106 Lk Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,802 SF
    Value Estimation
    $680,000
    106 Lk Ave, Ocean Grove, NJ 07756-1482
    View details

    Ocean Grove, NJ Multifamily Properties Investment Opportunities Market Analysis

    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 16,383 square feet of properties for sale, with an estimated market value of $7,555,000.

    Sale prices for multifamily properties in Ocean Grove, NJ start at $749,000, averaging $1,079,285, 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

    Duplexes 4
    Triplexes 3
    Short term rental properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    07756 $946.6K

    Taxes & Financing

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

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