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    Ocean Grove, NJ Restaurants for Sale

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    Historic Hotel with Street-Level Restaurant
    Updated: Dec 19, 2025
    Historic Hotel with Street-Level Restaurant

    5 Abbott Avenue, Ocean Grove, NJ 07756

    $3,150,000
    9,427 sqft 0.05 AC lot
    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

    This listing looks promising.

    Here's a quick look at some key insights for

    5 Abbott Avenue, Ocean Grove, NJ 07756

    View Property Analytics

    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $144K
      Annual

    • Price @ 7% Cap

      $2.06M
      Suggested

    • Last Sold

      Jun 2000
      $960K

    • Property Type

      Commercial (General)
      Built 1871
    View Property Analytics
    Historic Hotel with Ocean Views
    Updated: Dec 19, 2025
    Historic Hotel with Ocean Views

    5 Abbott Avenue, Ocean Grove, NJ 07756

    $3,395,000
    9,427 sqft 0.05 AC lot
    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
    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.

    Turn-Key Restaurant with Outdoor Seating
    Turn-Key Restaurant with Outdoor Seating

    103 W End Avenue, Long Branch, NJ 07740

    $85,000
    5,638 sqft 0.23 AC lot

    Operating, fully equipped restaurant offered as a turn-key business with a commercial kitchen, bar, and outdoor space.

    View details
    Operating Restaurant Business For Sale
    Operating Restaurant Business For Sale

    103 W End Avenue, Long Branch, NJ 07740

    $85,000
    5,638 sqft 0.23 AC lot

    Fully equipped restaurant business for sale near Long Branch beach.

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

    9-2100 Sea Girt Ave, Sea Girt, NJ

    $299,900

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

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

    2100 35, Sea Girt, NJ 08750

    $299,900

    Fully built-out restaurant with a commercial kitchen and dining area, offered for sale as a turnkey operation.

    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.

    Riverfront Land in Point Pleasant
    Riverfront Land in Point Pleasant

    115 Channel Drive, Point Pleasant Beach, NJ 08742

    $2,900,000
    1,420 sqft 0.29 AC lot

    Prime riverfront land in Point Pleasant Beach's maritime hub.

    View details
    Vacant Land on Route 9
    Vacant Land on Route 9

    Us 9, Howell, NJ 07728

    $295,000
    1.84 AC lot

    1.84 acres of vacant land with excellent visibility.

    View details
    Monroe Township Development Opportunity
    Monroe Township Development Opportunity

    380 MOUNTS MILLS RD, Monroe Twp, NJ 08831

    $1,890,000
    4 sqft 4.21 AC lot

    4.21-acre commercial development site in Monroe Township, New Jersey.

    View details
    Prime Commercial Corner Lot
    Prime Commercial Corner Lot

    115 Saint Catherine Boulevard, Toms River, NJ 08755

    $650,000
    1.06 AC lot

    1.06-acre corner lot on heavily trafficked Route 37.

    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 $6,545,000.

    Sale prices for restaurant properties in Ocean Grove, NJ start at $3,150,000, averaging $3,272,500, and reaching up to $3,395,000 — 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

    Breakfast & diners 1
    Turn key 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 $3.4M

    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

    Retail

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