$3,150,000

5 Abbott Avenue, Ocean Grove NJ, 07756

Price per sqft$334.15

Built in1871

Property size9,427 sqft

Property typeCommercial

Overview

Active

Listed Dec 19, 2025

Updated Jul 17

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!

Additional information

MLS^® ID: 22537035

Interior Features

Bathrooms: 0
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.05 Acres

Other Property Details

Taxes: $34,256
Tax Frequency: Annually
Waterfront: Yes

Courtesy of RE/MAX Gateway with Alfredo Fresnedo,
Listing Contact: 732-361-0770

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Data last updated 4:50 AM UTC, 7/17/2026