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5 Abbott Avenue
Ocean Grove NJ 07756 US

$3,795,000

Active Listing ID 22518184
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Lot: 0.05 Acres
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Other

$3,795,000

Active Listing ID 22518184
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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!

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Baseboard
  • Additional Features
  • Basement
  • Waterfront

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 3795000
  • unparsedaddress: 5 Abbott Avenue
  • postalcity: Ocean Grove
  • stateorprovince: NJ
  • country: US
  • postalcode: 07756
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 9427
  • livingareaunits: Square Feet
  • latitude: 40.209744
  • longitude: -74.004822
  • listagentfullname: Alfredo Fresnedo
  • listagentemail: alfresnedo@yahoo.com
  • listagentkey: 3yd-MOMLSNJ-14334
  • listagentmlsid: 14334
  • listagentpreferredphone: 7323610770
  • listagentofficephone: 7323610770
  • listofficekey: 3yd-MOMLSNJ-3140
  • listofficemlsid: 3140
  • disclaimer: Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MOMLSNJ
  • yearbuilt: 1871
  • listingcontractdate: 2025-06-19
  • listagentfax: 7327754874
  • listagenturl: http://www.afresnedo.remax-nj.com/
  • countyorparish: Monmouth
  • parcelnumber: 35-00230-0000-00015
  • heating: Baseboard
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 5
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: True
  • franchiseaffiliation: None
  • rooms: Basement
  • basement: Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.00482, 40.209743
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Gateway", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"alfresnedo@yahoo.com", "ListBrokerageCity":"Ocean Grove", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Gateway", "ListBrokeragePhone":"(732) 361-0770", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"81 Main Ave.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"45 Main Ave. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"3140", "ListOfficeCity":"Ocean Grove", "ListOfficeCountry":"USA", "ListOfficeEmail":"gloriavsiciliano@gmail.com", "ListOfficePostalCode":"07756", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Ocean Grove, NJ", "ListingURL":null, "MLSModificationTimestamp":"2025-06-25 06:34:29", "Neighborhoods":[{"Description":null, "Name":"Ocean Grove"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":25969, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/30/2025 5:05:34 PM GMT
Source Updated Date: 12/4/2025 6:41:02 PM GMT

Courtesy of: Alfredo Fresnedo, RE/MAX Gateway, alfresnedo@yahoo.com

Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.