About This Home

This 20-bedroom, 22-bathroom single family at 5 Abbott Avenue in Ocean Grove, NJ is listed for $3,150,000 ($334 per sqft). Built in 1871, the home offers 9,427 sqft of living space on a 0.05 acres lot.

Key Features

  • Built in 1871
  • 0.05 acre lot
  • 4 stories
  • Waterfront

Property Details

4 stories
20 full, 3 half
1871

Amenities

WaterfrontViewA/C
Listing Description

This Historic Ocean Grove Hotel could also be a single family home. This beautiful building sits on a double lot just steps to Ocean Grove's award winning beach. It offers 20 bed rooms, 20 full baths and 3 half baths, 3 huge porches with panoramic Ocean Views.

1st floor in law suite, plenty of room for all your family and friends to gather. The ground level restaurant could easily accommodate large family gatherings. Great property for families to buy together while affording everyone lots of privacy. Or simply live in the owners quarters and run as a Bed and Breakfast. Come explore the possibilities including a possible condo conversion.

Monthly Cost Estimate

$16,847/mo

20% down · 6.5% · 30 years

Principal$2,278
Interest$13,650
Insurance$919

Estimates only. Actual payments may vary.

Location

5 Abbott Avenue

Ocean Grove, NJ 07756

Property Details

Views

Water

Outdoor Features

Porch

Parking

On Street

Heating

Forced AirNatural GasBaseboard

Cooling

Multi UnitsCentral Air

Questions & Answers

This 20-bedroom, 22-bathroom single family at 5 Abbott Avenue is listed at $3,150,000 ($334/sqft). The estimated monthly payment is $16,847 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1871, 0.05 acre lot, 4 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 · View on Broker Site

MLS# 22537036· Source: More MLS· 312 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.

5 Abbott Avenue, Ocean Grove, NJ 07756

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