8 Beds
7 Baths
3,815 SqFt
8 Beds
7 Baths
3,815 SqFt
Key Details
Property Type Multi-Family
Sub Type 7+ Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,815 sqft
Price per Sqft $445
Municipality Neptune Twp (NPT)
Subdivision Ocean Grove
MLS Listing ID 22533220
Bedrooms 8
Full Baths 7
Year Built 1900
Annual Tax Amount $16,992
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 30 x 53
Property Sub-Type 7+ Family
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
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.
Location
State NJ
County Monmouth
Area Ocean Grove
Direction From Route 35 take Broadway East then turn right onto Central Ave, then a left onto Webb Ave
Rooms
Basement Partially Finished, Full
Interior
Interior Features Attic, Balcony
Heating Forced Air
Cooling Other
Exterior
Parking Features None
Roof Type Shingle
Garage No
Private Pool No
Building
Sewer Public Sewer
Water Public
Schools
Middle Schools Neptune
High Schools Neptune Twp
Others
Senior Community No
Tax ID 35-00231-0000-00010
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REALTOR® | Lic# 9804062