Ocean Grove, NJ 07756,19 Main Avenue
Ocean Grove, NJ 07756,19 Main Avenue
Ocean Grove, NJ 07756,19 Main Avenue
$3,663,000
Est. payment /mo
$4,200,000
12.8%
Est.Price: ?

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10,500 SqFt
SOLD DATE : 05/23/2023

Key Details

Sold Price $3,663,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $348

Municipality Neptune Twp (NPT)

MLS Listing ID 22206006

Sold Date 05/23/23

Originating Board Monmouth Ocean Regional Multiple Listing Service

Year Built 1890

Annual Tax Amount $35,425

Tax Year 2021

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 61x99

Property Description

Presenting the ''Majestic Hotel''...the Jewel of the Jersey Shore. This top rated boutique hotel is ideally situated in the sweet spot of Ocean Grove just steps to the beach and quaint downtown. The boardwalk takes you directly to iconic Asbury Park! Fully restored in '99-'00, with a new addition in 2008 including a 3 room penthouse. 16 spacious guest quarters in total. In addition The Majestic is host to a 75 seat restaurant, w. chef's kitchen, perfect for corporate meetings and private events year round. Along with a retail space for leasing. Whether you are looking to add to your hospitality businesses, investment portfolio, or simply want to run your own business, this hotel offers numerous opportunities. Inn keepers quarters on the lower level.

Location

State NJ

County Monmouth

Area Ocean Grove

Direction Ocean Ave to Main Ave Beach Block

Exterior

Parking Features On Street

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 35-00166-0000-00002

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Monmouth Ocean MLS (MOMLS)
Listed by Ward Wight Sotheby's International Realty
Bought with Ward Wight Sotheby's International Realty

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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