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    Ocean Grove, NJ Triplexes for Sale

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    Victorian Three-Family Residence
    Updated: Jun 23
    Victorian Three-Family Residence

    81 Mount Zion Way, Ocean Grove, NJ 07756

    $939,000
    2,442 sqft 0.04 AC lot
    Victorian three‑family home built in 1904
    Two 1‑bedroom apartments plus a spacious 2‑bedroom owner’s residence
    Owner’s unit renovated with beautiful wood floors and abundant natural light
    Coming soon with showings starting 6/28/26
    Public water and public sewer
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    Ocean Grove Multifamily Property
    Updated: May 12
    Ocean Grove Multifamily Property

    68 Mount Tabor Way, Ocean Grove, NJ 07756

    $1,179,000
    1,659 sqft 0.04 AC lot
    Legal 3‑family home built in 1885 with a 5BR/2BA owners unit plus a 1BR and a studio apartment
    1BR and studio units have separate entrances; seller notes apartments have been vacated for sale
    Private rocking chair porch and large yard included with the owners unit
    Utilities: public water and public sewer; heating is zoned and cooling is for multi units
    Located about 3 blocks to the beach, half a block to Days, and 2 blocks to Main Avenue shopping
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    Three-Unit Townhouse-Style Residence
    Three-Unit Townhouse-Style Residence

    150 Lake Avenue, Ocean Grove, NJ 07756

    $1,800,000
    3,996 sqft 0.11 AC lot

    Townhouse-style three-family built in 1987 with separate utilities and dedicated parking plus one-car garages for each unit.

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    Three-Family Residential Income Property
    Three-Family Residential Income Property

    123 Main Avenue, Unit 1, Ocean Grove, NJ 07756

    $1,300,000

    Legal three-family property with private unit entrances a few blocks from the beach and boardwalk in Ocean Grove.

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    Legal 3-Unit Multifamily with Private Entrances
    Legal 3-Unit Multifamily with Private Entrances

    123 Main Avenue, Ocean Grove, NJ 07756

    $1,225,000

    Well-maintained legal three-family property with separate entrances for convenient tenant privacy and flexible occupancy options.

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    Victorian Mixed-Use Property
    Victorian Mixed-Use Property

    66 Main Avenue, Ocean Grove, NJ 07756

    $799,000
    1,283 sqft 0.04 AC lot

    Historic Victorian structure currently configured as a three-unit live-work property near downtown Ocean Grove.

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    Legal 3-Family Residential Property
    Legal 3-Family Residential Property

    123 Main Avenue, Ocean Grove, NJ 07756

    $1,300,000

    Well-maintained legal three-family with private entrances for each unit and bright, functional living layouts near the beach.

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    Three-Unit Townhouse-Style Income Property
    Three-Unit Townhouse-Style Income Property

    150 Lake Avenue, Ocean Grove, NJ 07756

    $1,800,000

    Townhouse-style three-family built in 1987, with separate utilities and assigned parking plus garages for each unit.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Ocean Grove, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Recently Renovated 3-Family Corner
    Recently Renovated 3-Family Corner

    413 Ridge Avenue, Asbury Park, NJ 07712

    $1,099,999
    2,037 sqft 0.05 AC lot

    Three-unit, recently renovated multifamily on a corner lot, currently tenant occupied and configured for steady rental income.

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    Renovated Three-Family Corner Property
    Renovated Three-Family Corner Property

    413 Ridge Ave, Asbury Park, NJ 07712

    $1,099,999
    2,000 sqft

    Recently renovated three-unit building with tenant occupancy and a mix of 3BR and 1BR layouts.

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    Legal Three-Family Detached Structures
    Legal Three-Family Detached Structures

    508 Newark Avenue, Bradley Beach, NJ 07720

    $1,175,000
    0.10 AC lot

    Legal three-family property with three detached buildings, including a two-bedroom front house and two one-bedroom rear units.

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    Legal Three-Family Property
    Legal Three-Family Property

    508 Newark Avenue, Bradley Beach, NJ 07720

    $1,250,000

    Three separate detached structures on one lot provide two-bedroom and two one-bedroom rental units.

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    Ocean Grove, NJ Triplexes Market Trends and Statistics

    Explore 8 triplexes for sale in Ocean Grove, NJ, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 9,380 square feet of properties for sale, with an estimated market value of $10,342,000.

    Sale prices for three-family homes in Ocean Grove, NJ start at $799,000, averaging $1,292,750, 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

    Commercial property segments ranked by active listings on the market

    Triplexes 8
    Duplexes 4

    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 $1.3M

    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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