About This Home

This 0-bedroom, 0-bathroom commercial at 39 Main Avenue in Ocean Grove, NJ is listed for $4,250,000 ($414 per sqft). Built in 1876, the home offers 10,260 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1876
  • 0.12 acre lot
  • 3 stories
  • Waterfront

Property Details

3 stories
1876

Amenities

Waterfront
Listing Description

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.

Monthly Cost Estimate

$22,730/mo

20% down · 6.5% · 30 years

Principal$3,074
Interest$18,417
Insurance$1,240

Estimates only. Actual payments may vary.

Location

39 Main Avenue

Ocean Grove, NJ 07756

Property Details

Parking

On Street

Heating

Baseboard

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 39 Main Avenue is listed at $4,250,000 ($414/sqft). The estimated monthly payment is $22,730 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1876, 0.12 acre lot, 3 stories, Waterfront.

This property is listed by Alfredo Fresnedo.

AF

Alfredo Fresnedo

Agent at RE/MAX Gateway

Listed by RE/MAX Gateway · Broker phone: (732) 361-0770

MLS# 22623470· Source: More MLS· 90 days on PropertySimple

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

39 Main Avenue, Ocean Grove, NJ 07756

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