123 Main Avenue 1, Ocean Grove, NJ 07756

New Listing
$1,300,000
Property Type: Multi-Family Bedrooms: 6 Baths: 3 Status: Coming Soon
Current Price: $1,300,000 List Date: 3/20/2026 Last Modified: 3/20/2026

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
2026-03-21
Property Sub-Type
Three Family
New Construction
No

Location

House Number
123
Street Name
Main
Street Suffix
Avenue
Unit/Suite #
Yes
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
IDX
Last Updated: March - 20 - 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.