20 Webb Avenue Ocean Grove, NJ $ 1,700,000
20 Webb Avenue
$ 1,700,000
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20 Webb Avenue

Ocean Grove, NJ, 07756
$ 1,700,000
Bedrooms8 Baths0.0 Sq 3,815

Monthly Estimate*

$ 10,606

20 Webb Avenue, Ocean Grove, NJ 07756 - Image 1
20 Webb Avenue, Ocean Grove, NJ 07756 - Image 2
20 Webb Avenue, Ocean Grove, NJ 07756 - Image 3
20 Webb Avenue, Ocean Grove, NJ 07756 - Image 4
20 Webb Avenue, Ocean Grove, NJ 07756 - Image 5
20 Webb Avenue, Ocean Grove, NJ 07756 - Image 6

Multi-Family Home for sale in Ocean Grove, NJ

for $1,700,000 with 8 bedrooms. This 3,815 square foot home was built in 1900 on a lot size of 0.04.

Prime Investment Opportunity - 7-Unit Beachside Property in Ocean Grove Exceptional opportunity to own a fully occupied 7-unit income property a block from the beach, boardwalk, and charming downtown Ocean Grove. This well-maintained building features one spacious 2-bedroom, 1-bath unit and six 1-bedroom, 1-bath units, offering an ideal mix for steady, reliable rental income. With a proven track record of consistent cash flow and strong tenant demand, this property is perfectly positioned for both long-term investors and those looking to expand their coastal portfolio. The unbeatable location—steps from the ocean and minutes to Asbury Park's restaurants and nightlife—makes this an in-demand asset year-round.

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Multi-Family Active

Price

$ 1,700,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 16,992

Style

Lot Size

0.04

Year Built

1900

Town/City

Ocean Grove

County/Region

Monmouth

MLS | Web ID

22533220

Features
Interior
Interior Amenities Attic Balcony
Basement Partially Finished Full
Total Fireplaces 0
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 8
Total Baths 7
Heating-Forced Air True
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General
Sewer Public Sewer
Heating Forced Air
Cooling Other
Roof Shingle
Garage Spaces 0.0
Security Features Fire Sprinkler System
Year Built 1900
Stories Count 3
Property Subtype 7+ Family
Tax Year 2024
County Monmouth
New Construction N
Property Type Multi-Family
Attached Garage N
Subdivision Name Ocean Grove
Garage Y/N N
Full Baths 7
Status Active
Directions From Route 35 take Broadway East then turn right onto Central Ave then a left onto Webb Ave
High School Neptune Twp
City Ocean Grove
Zoning Description Multi-Use
Number Of Units Total 7
MLS Area Ocean Grove
Lot Size Units Acres
Lot Size Square Feet 1742.4
Carport Y/N N
Tax Annual Amount 16992.0
Home Warranty Y/N N
Middle/Junior High School Neptune
Lease Renewal Y/N N
MLS Area Minor Neptune Twp (NPT)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
TaxOtherAnnualAssessmentAmount 987200.0
Senior Community None
Water Body Access Y/N None
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Exterior
Parking Features None
Water Source Public
Lot Size Area 0.04
Spa N
Building Area Total 3815.0
Lot Dimensions 30 x 53
Lot Size Acres 0.04
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 20
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* Excluded Features
List By
Michael Lubrano

Listing Agent

Berkshire Hathaway Homeservices Fox & Roach - Holmdel

Broker

mlubrano.realestate@gmail.com

Email

Affordability Calculator

$12,022
Per Month
88%
12%
0%
Monthly Principal & Interest
$10,606
Monthly Property Taxes
$1,416
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
741927 Elementary School
742297 Middle School
Neptune Twp High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2025$1,700,000 Listed Price

Map


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20 Webb Avenue, Ocean Grove, NJ, 07756 is a Multi-Family Home for sale at $1,700,000 with 3,815 sqft and a lot size of 0.04. 20 Webb Avenue has 8 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 07756 which is in Ocean Grove, NJ