18 Ocean Pathway, Ocean Grove, NJ 07756

$3,700,000
Property Type: Commercial Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $3,700,000 List Date: 7/10/2021 Last Modified: 2/07/2025

Overview

Description

Rare opportunity to own and operate the Iconic ''Ocean Plaza'' Boutique Hotel ideally situated on the beach block of Ocean Grove. This award winning Hotel offers the elegance and charm of the Victorian era with modern decor and amenities. 16 Guest rooms with private baths, and 3 luxury suites.

Listing Details MLS# 22118058

Contract Info

Property Sub-Type
Commercial
Sale
Yes
Lease
No

Location

House Number
18
Street Name
Ocean Pathway
County
Monmouth
Municipality
Neptune Twp (NPT)
Postal City
Ocean Grove
State
NJ
Zip Code
07756
Area/Section
Ocean Grove
Directions
Ocean Ave, to Ocean Pathway

General Property Info

# Levels
3
Apx Year Built
1870
Garage
No
Acreage
0.1
Lot Dimensions
60 x 75
# Car Garage
0

Tax and Legal

Asmnt - Total
1350200
Taxes
28152
Tax Year
2020

Status Change Info

Under Contract Date
2021-07-09
Sold Date
2022-03-14

Use

Hotel/Motel
Yes

More Information

Electric

Other - See Remarks
Yes

Gas

On Site
Yes

Water Heater

Natural Gas
Yes

Heating

Natural Gas
Yes

Water

Public Water
Yes

Sewer

Public Sewer
Yes

Parking

On Street
Yes

Assessment Status

Assessed
Yes

Property Features

Use: Hotel/Motel Heating: Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Parking: On Street Assessment Status: Assessed
Listing Office: Ward Wight Sotheby's International Realty
Listing Agent: Joanne McLaughlin
IDX
Last Updated: February - 07 - 2025
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.