78 Main Avenue, Ocean Grove, NJ 07756

$650,000

25-web-or-mls-DJI_20260309133331_0031_DA

Property Type: Multi-Family Status: Active

Current Price: $650,000 List Date: 3/17/2026 Last Modified: 3/28/2026

Overview

Description

INVESTOR ALERT! Prime 3 Story, Corner, Mixed Use Investment Property in Historic Ocean Grove, Rare opportunity sits in the heart of the vibrant Business District just Blocks from the Atlantic Ocean & Beach. With incredible visibility & foot traffic, this location is perfect for investors, developers or owner operators seeking strong income potential or live/work concept in one of the Jersey Shore's most charming and sought after communities. Gutted to the studs, ready for a full renovation & your build out. Commercial space on the 1st floor, apartments on the 2nd and 3rd floor. Newly poured basement floor. With its unbeatable corner exposure, proximity to the Beach, Boardwalk, Boutiques, Cafes, and the Great Auditorium, this is a blank canvas ready to become an outstanding investment.

Supplements: With Ocean Grove's Historic charm, strong tourism and limited inventory, opportunities are increasingly rare. Being sold strictly 'AS IS'. Purchasers responsible for performing their own Due Diligence.

Listing Details MLS# 22606941

Contract Info

Property Sub-Type: Duplex
New Construction: No

Location

House Number: 78
Street Name: Main
Street Suffix: Avenue
County: Monmouth
Municipality: Neptune Twp (NPT)
Postal City: Ocean Grove
State: NJ
Zip Code: 07756
Area/Section: Ocean Grove
Complex/Subdivision: Ocean Grove
Middle School: Neptune
Directions: Corner of Main Ave + New York Ave.

General Property Info

# Units in Bldg: 3
# Levels: 3
Lot Dimensions: 32 x 60
Garage: No
Pool: No
Waterfront: No
Waterview: No
Basement: Yes
# Car Garage: 0

Tax and Legal

Deed Restricted: No
Asmnt - Total: 0

Remarks & Misc

Excluded: personal property in basement, computer,2 screens, box of historical documents in office

Lot Description

Corner Lot: Yes

More Information

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Basement

Full: Yes

Cooling

No Heat: Yes

Water Heater

Other - See Remarks: Yes

Heating

See Remarks: Yes

Parking

None: Yes

Assessment Status

To Be Assessed: Yes

Property Features

Basement: Full Cooling: No Heat Heating: See Remarks Water Heater: Other - See Remarks Parking: None Lot Description: Corner Lot Assessment Status: To Be Assessed

Listing Office: Coldwell Banker Realty

Listing Agent: Diana Hamilton

Last Updated: March - 28 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.