123 Main Avenue, Ocean Grove, NJ 07756 (MLS# 22607072)

123 Main Avenue, Ocean Grove, NJ 07756

$1,225,000
Property Type: Multi-Family Bedrooms: 6 Baths: 3 Status: Active
Current Price: $1,225,000 List Date: 3/20/2026 Last Modified: 6/24/2026

Description

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.

More Information MLS# 22607072

Contract Info

Status: Active List Date: 2026-03-20 Start Showing Date: 2026-03-20 List Price: $1,225,000 Current Price: $1,225,000 Property Sub-Type: Three Family New Construction: No

Location

House Number: 123 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: None Middle School: Neptune Directions: GPS to 123 main avenue

General Property Info

# Units in Bldg: 3 Bedrooms: 6 Full Baths: 3 Total Baths: 3 # Levels: 3 Fireplace: No Garage: No Pool: No Waterfront: No Waterview: No

Tax and Legal

Deed Restricted: No

Unit 1

Master Bedroom Level: 1 # Bedrooms: 1 Bedroom Level: 1 # Full Baths: 1 Rent: 2000

Unit 2

# Bedrooms: 3 Bedroom Level: 2 # Full Baths: 1 Kitchen Level: 2 Rent: 3000

Unit 3

Master Bedroom Level: 3 # Bedrooms: 2 Bedroom Level: 3 # Full Baths: 1 Rent: 2500

Property Features

Basement: Full Cooling: Multi Units Heating: Baseboard Water Heater: Natural Gas Assessment Status: Assessed Showing: Showing Time
Listing Office: NJ Realty Pros
Listing Agent: Anna Safonova
Last Updated: June - 24 - 2026
123 Main Avenue, Ocean Grove, NJ 07756- MLS# 22607072
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