5 Abbott Avenue, Ocean Grove NJ 07756
Photos
1 / 46224 days on market · Listed December 19, 2025
About 5 Abbott Avenue
This Historic Ocean Grove Hotel with a 49 seat restaurant offers a solid investment opportunity with huge growth potential. This beautiful building sits on a double lot just steps to Ocean Grove's award winning beach. It offers 20 renting rooms, 21 full baths and 3 half baths, 3 huge porches with panoramic Ocean Views, owners quarters, and a street level restaurant with private entrance. The restaurant is currently used for guests breakfast and a delightful ice cream parlor open to the public, but lends itself to becoming a full service restaurant. This business offers a great return on your investment while only operating seasonally, come explore the possibilities of a year round hotel/restaurant at this Jersey Shore gem!
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Features
- Basement: Finished, Full, Heated
Interior area
- Total interior livable area: 9,427 sqft
Property
Parking
- Parking features: On Street
- Garage spaces: 0
- Has garage: No
Features
- Stories: 4
- Fencing: Electric
Lot
- Size: 2,178 sqft (0.05 acres)
- Dimensions: 60 x 38
Details
- Parcel number: 35-00230-0000-00015
Construction
Type & style
- Home type: Commercial Sale
- Property subtype: Commercial
Condition
- New construction: No
- Year built: 1871
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ocean Grove
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $1,894,700
- Annual tax amount: $34,256
- Date on market: 12/19/2025
- MLS#: 22537035
Why you'll love 5 Abbott Avenue in Ocean Grove, Ocean Grove, NJ
5 Abbott Avenue is a commercial property for sale in Ocean Grove, NJ. It offers approximately 9,427 square feet of living space and was built in 1871. It is offered at $3,150,000, MLS# 22537035.
Inside, 5 Abbott Avenue features 4 stories, a finished and Full basement and baseboard heat. For parking, the property offers on Street. It sits on a lot of roughly 2,178 square feet (about 0.05 acres).
Ocean Grove offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $34,256. To tour 5 Abbott Avenue in Ocean Grove, contact Neuhaus Realty — a family-run agency since 1969, now serving Monmouth & Ocean from our Red Bank office — to schedule a private showing.
Location
MLS# 22537035. Listing courtesy of RE/MAX Gateway. Listing information is provided by the Monmouth Ocean Regional MLS. Listing data is deemed reliable but is not guaranteed accurate by the MLS.
