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39 Main Avenue Ocean Grove, NJ $ 4,250,000
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39 Main Avenue
$ 4,250,000
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39 Main Avenue

Ocean Grove, NJ, 07756
$ 4,250,000
Bedrooms-- Baths-- Sq 10,260

Monthly Estimate*

$ 26,835

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Commercial Property for sale in Ocean Grove, NJ

for $4,250,000. This 10,260 square foot building was built in 1876 on a lot size of 0.12.

LOCATION! LOCATION! LOCATION! This iconic hotel sits on a corner triple lot in the heart of Historic Ocean Grove. Outside your front door is our vibrant downtown, 2 short blocks and you arrive at our pristine ocean front, and only a few blocks away is the Great Auditorium and a footbridge that crosses Wesley Lake to Asbury Park. The hotel offers 28 rooms, 26 have en suite baths and 2 rooms share a bath, Plenty of outdoor space with 3 levels of porches in the front and 2 levels at the rear, The owners/managers unit offers 1 bedroom, living room, kitchen, full bath and office. This profitable investment is turn key. If you've dreamed of being an innkeeper this one is for you. Don't miss out on this wonderful property.

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Commercial Active

Price

$ 4,250,000

Property Type

Commercial

Taxes

$ 30,356

Style

Lot Size

0.12

Year Built

1876

Town/City

Ocean Grove

County/Region

Monmouth

MLS | Web ID

22623470
Features
General
Sewer Public Sewer
Heating Baseboard
Garage Spaces 0.0
Year Built 1876
Stories Count 3
Property Subtype Commercial
Tax Year 2026
Business Type Bed & Breakfast Hotel/Motel Guest House
Waterfront Features Oceanside/Beach Blk Oceanview
County Monmouth
New Construction N
Property Type Commercial Sale
Subdivision Name Ocean Grove
Garage Y/N N
Status Active
Directions Enter Ocean Grove on Main Ave hotel is on the corner of Main and Central.
City Ocean Grove
MLS Area Ocean Grove
Lot Size Square Feet 5227.2
Carport Y/N N
Tax Annual Amount 30356.0
Home Warranty Y/N N
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
Tax Assessed Value 1579500
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Full
Total Fireplaces 0
Heating Y/N Y
Total Baths 0
Heating-Baseboard True
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Exterior
Parking Features On Street
Lot Features Level Corner Lot
Water Source Public
Lot Size Area 0.12
Spa N
Building Area Total 10260.0
Lot Dimensions 30 x 117
Lot Size Acres 0.12
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 39
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* Excluded Features
List By
Alfredo Fresnedo

Listing Agent

Re/Max Gateway

Broker

alfresnedo@yahoo.com

Email

Affordability Calculator

$29,365
Per Month
91%
9%
0%
Monthly Principal & Interest
$26,835
Monthly Property Taxes
$2,530
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2026$4,250,000 Listed Price

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39 Main Avenue, Ocean Grove, NJ, 07756 is a Commercial Property for sale at $4,250,000 with 10,260 sqft and a lot size of 0.12. 39 Main Avenue was built in 1876. The property's zip code is 07756 which is in Ocean Grove, NJ

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