Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

123 Main AvenueOcean Grove, NJ 07756

Multi-Family · 6 Beds · 3 Full Baths
$1,225,000 Active

123 Main Avenue Overview

Time on Site:
101 days
Visits:
1

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 provided courtesy of NJ Realty Pros- MLS# 22607072MLS Provider
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

123 Main Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • Middle Or Junior School: Neptune

Building Information

  • New Construction: No

Location/Region

  • County Or Parish: Monmouth
  • MLS Area Major: Ocean Grove
  • MLS Area Minor: Neptune Twp (NPT)
  • Subdivision Name: None

General Information

  • Parcel Number: 35-00159-0000-00010
  • Property Sub Type: Three Family
  • Property Type: Multi-Family

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 6

General Information

  • Basement: Full
  • Fireplaces Total: 0
  • Stories: 3

Exterior

Lot Information

  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

123 Main Avenue Neighborhood

Community

07756 (Ocean Grove) Demographics

59
Median Age
7,389
Population Density (per sq. mile)
75%
College Educated
$64,290
Estimated Median Income
951
Estimated Total Home Owners
920
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

123 Main Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

123 Main Avenue Market Data

Based on the last 30 days in this zip code

$619,500
Average List Price
$1,352
Average Price per Square Foot
0
Properties Sold
37
Average Days on Market
2
Properties for Sale
Calculations provided by Reliance Network

123 Main Avenue History

Date Event Value Agent
6/24/2026Source: Monmouth Ocean Regional MLS Price Reduction
$1,225,000 -5.8%
3/20/2026Source: Monmouth Ocean Regional MLS Added to Database
March 20, 2026