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Key Details
Sold Price $2,795,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Neptune Twp (NPT)
MLS Listing ID 22211081
Sold Date 04/19/23
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1901
Annual Tax Amount $16,232
Tax Year 2021
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 60 x 60
Property Description
The Inn at Ocean Grove offers guests the charm of this historic town w/modern updated amenities to make you feel at home. The 16 guest rooms & cottages all have private ensuite baths, in room refrigerators, cable TV & AC units.
There are 12 rooms inside the Inn, 2 summer cottages, studio apartment & a 1 bedroom apartment w/full kitchens & private entrances. The 1 bedroom apartment is currently occupied by the onsite Innkeepers. There is plenty of outdoor space to enjoy the fresh ocean air from the wraparound porch, balcony, roof top terrace or courtyard. The Inn books year around w/full capacity peak season rentals. If you have always dreamed of running a B&B or are just looking for a great investment opportunity, this turn key location in quaint Ocean Grove is fully operational.
Location
State NJ
County Monmouth
Area Ocean Grove
Direction Ocean Ave to Webb, go up 1.5 blocks. The Inn is on your right.
Rooms
Basement Partial
Interior
Interior Features Security System
Cooling Window Unit(s)
Flooring Vinyl, Tile, Other
Exterior
Exterior Feature Lighting
Parking Features On Street
Fence Electric
Amenities Available Community Room
Building
Sewer Public Sewer
Water Public
Structure Type Lighting
Others
Senior Community No
Tax ID 35-00228-0000-00017
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Bought with RE/MAX Synergy
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