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  • 102 days on site
  • 1 views

Exceptional investment opportunity in the heart of sought-after Ocean Grove! This well-maintained legal 3-family property is ideally located just a few short blocks from the beach and boardwalk, offering the perfect blend of coastal living and strong income potential. Each unit features its own private entrance, bright living spaces, and functional layouts, making it attractive for both year-round tenants and seasonal rentals. Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this property offers versatility and long-term value. Enjoy all that Ocean Grove has to offer -from its charming tree-lined streets and historic Victorian architecture to its vibrant downtown filled with boutique shops, cafes, and restaurants.

Source: Monmouth Ocean Regional MLS, MLS#: 22607072

Listing provided courtesy of NJ Realty Pros- MLS# 22607072MLS Provider
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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 123 Main Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: Monmouth Ocean Regional MLS Price Reduction
$1,225,000 -5.8%
3/20/2026Source: Monmouth Ocean Regional MLS Added to Database
March 20, 2026