ActiveOcean Grove, NJ
$3,395,000
5 Abbott Avenue, Ocean Grove, NJ 07756
— beds 0 baths 9,427 sq ft
Photos
1 / 461 / 46178 days on market · Listed December 19, 2025
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!
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 $3,395,000, 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.
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.
