Welcome to Ocean Grove, Camp Meeting vacation destination of New Jersey! This property is a legal three family, ideal for your family's use and two bonus apartments to help with finances. Upstairs on 2 floors are 5 bedrooms and 2 baths, washer/dryer, ideal for your families use. Out front, relax on the rocking chair porch, or enjoy the back yard complete with an outdoor shower. The 1st floor highlights a 1 bedroom apartment, and a studio, both with there own entrances! The Beach calls, come out and Sea. This property is close to town center, AP, ice cream, and The Atlantic Ocean ! If you are looking at a single home for any amount over $800,000 you should seriously consider this property. Annual rentals can cover roughly half of the cost of ownership. This property could be the
Three family located in Historic Ocean Grove. Built in 1987 in a townhouse style. All separate utilities except for water and sewer. Each unit has two bedrooms, one and one half baths and it's own parking space and one car garage.
Prime Investment Opportunity - 7-Unit Beachside Property in Ocean Grove Exceptional opportunity to own a fully occupied 7-unit income property a block from the beach, boardwalk, and charming downtown Ocean Grove. This well-maintained building features one spacious 2-bedroom, 1-bath unit and six 1-bedroom, 1-bath units, offering an ideal mix for steady, reliable rental income. With a proven track record of consistent cash flow and strong tenant demand, this property is perfectly positioned for both long-term investors and those looking to expand their coastal portfolio. The unbeatable location—steps from the ocean and minutes to Asbury Park's restaurants and nightlife—makes this an in-demand asset year-round.
Price improvement! This is an amazing opportunity to get into Ocean Grove significantly under $800K WITH TWO INCOME UNITS! Amazing flexibility in this special property. There are two side-by-side two-story 'townhomes' here, offering a chance to use one for yourself while renting the other; using both for seasonal/short-term renting; or whatever else your investment or personal needs require. The improved eastern unit offers a bright, sunny main living space; a cute kitchen with outdoor access, two bedrooms, and a fresh new bath. The west side has similar amenities but a different layout. Corner lot in a great part of town that puts shopping, dining and the beach in easy reach, including downtown Asbury Park only 4 blocks away! Act fast on this one!
This LEGAL 3-Family is waiting for a new owner to begin the next chapter. Located just 2 blocks from the footbridge to Asbury Park and about 5 blocks to the Ocean Grove Beach and Boardwalk. With over 2700 SF over 3 levels plus full basement, the opportunities are endless. Two (2) first floor, 1 bedroom/1 bath apartments have separate entrances, solid rental history and one has laundry,small patio space & outdoor shower. Walk around the spacious front porch and enter for the upper apartment which is spread over the 2nd & 3rd floors and has a large living room, 5 bedrooms, a small vintage kitchen, 2 bathrooms, laundry, a South facing Sunroom and additional den on 3rd floor. Historic features such original woodwork, gleaming hardwood floors, clawfoot tub, and vintage kitchen sink are reminders of the history of this 1890 former rooming house. Gleaming hardwood floors throughout. Furnaces and hot waters heaters were replaced in 2024, Mini splits installed in some areas. Separate gas & electric meters. Vacant and easy to show. Furnishings negotiable.

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Ocean Grove is located in New Jersey. Ocean Grove, New Jersey has a population of 2,962. Ocean Grove is less family-centric than the surrounding county with 7.03% of the households containing married families with children. The county average for households married with children is 34%.
The median household income in Ocean Grove, New Jersey is $65,078. The median household income for the surrounding county is $110,356 compared to the national median of $69,021. The median age of people living in Ocean Grove is 59.8 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 47.5 inches per year, with 24.9 inches of snow per year.