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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 Ocean, 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: Oct 30, 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
    See what stands out in Monmouth County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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.

    Restaurant Business with Equipment
    Restaurant Business with Equipment

    2467 State Route 33, Neptune, NJ 07753

    $130,000
    29,986 sqft

    Business sale includes a furnished dining operation with counter seating and capacity for 50–55 guests in the main dining area.

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    Restaurant Business in Strip Mall
    Restaurant Business in Strip Mall

    2467B State Route 33, Neptune, NJ 07753

    $130,000

    Existing food-service operation includes dining and counter seating, equipment, and off-street parking.

    View details
    Restaurant with Outdoor Terrace
    Restaurant with Outdoor Terrace

    600 Main Street 3, Bradley Beach, NJ 07720

    $50,000

    Downtown Bradley Beach restaurant with Central Business zoning and covered outdoor dining space.

    View details
    Turn-Key Pizza Restaurant
    Turn-Key Pizza Restaurant

    812 1/2 Main Street, Bradley Beach, NJ 07720

    Contact for pricing

    Operating pizza restaurant with dine-in, takeout, delivery, and seasonal outdoor café seating.

    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.

    Waterfront Land with Marine Commercial Zoning
    Waterfront Land with Marine Commercial Zoning

    115 Channel Drive, Point Pleasant Beach, NJ 08742

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

    Riverfront parcel with public water and sewer, off-street parking, and marine-oriented commercial use potential.

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    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.

    View details
    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.

    View details
    Monroe Township Development Opportunity
    Monroe Township Development Opportunity

    380 MOUNTS MILLS RD, Monroe Twp, NJ 08831

    Contact for pricing
    4 sqft 4.21 AC lot

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

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monmouth County

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