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    Ocean Grove, NJ
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    Ocean Grove, NJ Restaurants for Sale

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    Asbury Park, NJ Bradley Beach, NJ Neptune, NJ Avon By The Sea, NJ Neptune City, NJ Allenhurst, NJ Wanamassa, NJ Belmar, NJ
    Historic Hotel with Restaurant
    Updated: Dec 19, 2025
    Historic Hotel with Restaurant

    5 Abbott Avenue, Ocean Grove, NJ 07756

    $3,150,000
    9,427 sqft 0.05 AC lot
    20 guest rooms with 21 full baths and 3 half baths
    9,427‑square‑foot hotel on a 0.05‑acre double lot
    49‑seat street‑level restaurant with private entrance
    3 large porches with ocean views
    Built in 1871
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    Historic Hotel with Ocean Views
    Updated: Sep 13, 2025
    Historic Hotel with Ocean Views

    5 Abbott Avenue, Ocean Grove, NJ 07756

    $3,150,000
    9,427 sqft
    Steps to Ocean Grove's award‑winning beach.
    Historic hotel with 20 renting rooms and a 49‑seat restaurant.
    Solid investment opportunity with huge growth potential.
    Three huge porches with panoramic ocean views.
    Located on a double lot.
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ocean Grove, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Ground-Floor Restaurant
    Ground-Floor Restaurant

    521 Cookman Avenue, Asbury Park, NJ 07712

    $300,000
    0.03 AC lot

    The offering includes restaurant contents and assignment of an existing 10-year lease.

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    Ground-Floor Restaurant
    Ground-Floor Restaurant

    521 Cookman Avenue 101A, Asbury Park, NJ 07712

    $300,000

    The transfer includes business contents and assignment of the existing 10-year lease.

    View details
    Turnkey Restaurant with Commercial Kitchen
    Turnkey Restaurant with Commercial Kitchen

    9-2100 Sea Girt Ave, Sea Girt, NJ

    $225,000

    Fully built-out restaurant with commercial kitchen equipment and dining area, turnkey for a new owner.

    View details
    Fully Built-Out Conventional Restaurant
    Fully Built-Out Conventional Restaurant

    2100 35, Sea Girt, NJ 08750

    $225,000

    Existing dining, kitchen, fixtures, and operating systems support continued restaurant use.

    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.

    Approved Retail Land For Sale
    Approved Retail Land For Sale

    2158 Route 88, Brick, NJ 08724

    $450,000

    Vacant land approved for retail building with drive-thru.

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    HD-Zoned Commercial Land
    HD-Zoned Commercial Land

    Us 9, Howell, NJ 07728

    $295,000
    1.84 AC lot

    Vacant parcel along US 9 South with commercial zoning and development subject to required approvals.

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    Signalized Corner Commercial Land
    Signalized Corner Commercial Land

    115 Saint Catherine Boulevard, Toms River, NJ 08755

    $650,000
    1.06 AC lot

    RHB-zoned parcel with dual-road frontage and an existing curb cut.

    View details
    Prime Land on Applegarth Road
    Prime Land on Applegarth Road

    123 Applegarth Road, Monroe, NJ 08831

    $1,275,000
    4.60 AC lot

    4.6-acre property with redevelopment potential in Monroe Township.

    View details

    Ocean Grove, NJ Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Ocean Grove, NJ on our real estate platform. These investment opportunities span a total of 18,854 square feet of properties for sale, with an estimated market value of $6,300,000.

    Sale prices for restaurant properties in Ocean Grove, NJ average $3,150,000 — 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

    Conventional restaurants 1

    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 $3.2M

    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)

    How Realmo verifies these figures

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