78 Main Avenue, Ocean Grove, NJ 07756

New Listing
$700,000
Property Type: Multi-Family Status: Active
Current Price: $700,000 List Date: 3/17/2026 Last Modified: 3/17/2026

Overview

Description

INVESTOR ALERT! Prime 3 Story, Corner, Mixed Use Investment Property in Historic Ocean Grove, Rare opportunity sits in the heart of the vibrant Business District just Blocks from the Atlantic Ocean & Beach. With incredible visibility & foot traffic, this location is perfect for investors, developers or owner operators seeking strong income potential or live/work concept in one of the Jersey Shore's most charming and sought after communities. Gutted to the studs, ready for a full renovation & your build out. Commercial space on the 1st floor, apartments on the 2nd and 3rd floor. Newly poured basement floor. With its unbeatable corner exposure, proximity to the Beach, Boardwalk, Boutiques, Cafes, and the Great Auditorium, this is a blank canvas ready to become an outstanding investment.

Supplements: With Ocean Grove's Historic charm, strong tourism and limited inventory, opportunities are increasingly rare. Being sold strictly 'AS IS'. Purchasers responsible for performing their own Due Diligence.

Listing Details MLS# 22606941

Contract Info

Property Sub-Type
Duplex
New Construction
No

Location

House Number
78
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
Ocean Grove
Middle School
Neptune
Directions
Corner of Main Ave + New York Ave.

General Property Info

# Units in Bldg
3
# Levels
3
Lot Dimensions
32 x 60
Garage
No
Pool
No
Waterfront
No
Waterview
No
Basement
Yes
# Car Garage
0

Tax and Legal

Deed Restricted
No
Asmnt - Total
0

Remarks & Misc

Excluded
Sellers personal property in the basement

Lot Description

Corner Lot
Yes

More Information

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Basement

Full
Yes

Cooling

No Heat
Yes

Water Heater

Other - See Remarks
Yes

Heating

See Remarks
Yes

Parking

None
Yes

Assessment Status

To Be Assessed
Yes

Property Features

Basement: Full Cooling: No Heat Heating: See Remarks Water Heater: Other - See Remarks Parking: None Lot Description: Corner Lot Assessment Status: To Be Assessed
Listing Office: Coldwell Banker Realty
Listing Agent: Diana Hamilton
IDX
Last Updated: March - 17 - 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.