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123 Main Avenue, Ocean Grove, NJ 07756

$1,300,000

Property Type: Multi-Family Bedrooms: 6 Baths: 3 Status: Active

Current Price: $1,300,000 List Date: 3/20/2026 Last Modified: 4/26/2026

Overview

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.

Listing Details MLS# 22607072

Contract Info

Start Showing Date: 2026-03-20
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
Full Baths: 3
Total Baths: 3
# Levels: 3
Fireplace: No
Garage: No
Pool: No
Waterfront: No
Waterview: No
Basement: Yes
# Car Garage: 0

Tax and Legal

Deed Restricted: No
Asmnt - Total: 0

Unit 1

Master Bedroom Level: Yes
# Bedrooms: Yes
Bedroom Level: Yes
# Full Baths: Yes

Unit 2

# Bedrooms: 3
Bedroom Level: 2
# Full Baths: Yes
Kitchen Level: 2

More Information

Unit 3

Master Bedroom Level: 3
# Bedrooms: 2
Bedroom Level: 3
# Full Baths: Yes

Showing

Showing Time: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Basement

Full: Yes

Cooling

Multi Units: Yes

Water Heater

Natural Gas: Yes

Heating

Baseboard: Yes

Assessment Status

Assessed: Yes

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: April - 26 - 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.