Date
Details
Price
Change
Source
11/02/2025
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,700,000
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Property Description
Prime Investment Opportunity - 7-Unit Beachside Property in Ocean Grove Exceptional opportunity to own a fully occupied 7-unit income property a block from the beach, boardwalk, and charming downtown Ocean Grove. This well-maintained building features one spacious 2-bedroom, 1-bath unit and six 1-bedroom, 1-bath units, offering an ideal mix for steady, reliable rental income. With a proven track record of consistent cash flow and strong tenant demand, this property is perfectly positioned for both long-term investors and those looking to expand their coastal portfolio. The unbeatable location-steps from the ocean and minutes to Asbury Park's restaurants and nightlife-makes this an in-demand asset year-round.
Full Property Details
Full Property Details for 20 Webb Ave
General
- Price: $1,700,000
- Taxes: $16,992 (2024)
- Status: Active
- Type: Multi-Family
- Source: Monmouth
- MLS ID: 22533220
- Updated: 11/14/2025
- Added to Site: 75 day(s) ago
Interior
- Interior Features: Attic, Balcony
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 8
Additional Information
- Security/Safety: Fire Sprinkler System
Parking
- Parking Features: None
- Garage Description: None
Location
- Area: Neptune Twp (NPT)
- Municipality: Neptune Twp (NPT)
- County: Monmouth
- Subdivision: Ocean Grove
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Basement: Yes
- Roof: Shingle
- Square Feet: 3,815
- Year Built: 1900
Unit Information
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742.4
- Lot Dimensions: 30 x 53
- Zoning: Multi-Use
Financial Considerations
- Price Per Sq. Ft.: $445.61
- Tax Amount: $16,992
- Tax Year: 2024
Disclosures and Reports
- Property ID: 35-00231-0000-00010
- Section: Ocean Grove
Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel, Michael Lubrano
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We Value Your Privacy
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Listing agent
— 20 Webb Ave —
Michael Lubrano
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 20 Webb Ave
School District:Neptune Township School District
| Name | Grades | Distance |
|---|---|---|
Neptune High School 55 Neptune Boulevard, Neptune Township, NJ 07753 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Webb Ave
Tax History
Tax History for 20 Webb Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,992
24%
$987,200
5%
2022
$13,750
-16%
$943,000
29%
2021
$16,344
—
$731,000
-7%
2020
$16,407
10%
$786,900
—
2019
$14,937
-1%
$786,900
11%
2018
$15,092
-2%
$706,900
3%
2017
$15,346
—
$689,400
—
2016
$15,374
2%
$689,400
—
2015
$15,098
1%
$689,400
-2%
2019
$14,937
-2%
$706,900
23%
2014
$15,286
6%
$573,600
—
2013
$14,460
—
$573,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20 Webb Ave
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- Condo
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
- 1,500Sq. Ft.
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- Active
- Updated 37 minutes ago
- 2Beds
- 2Total Baths
- 1,470Sq. Ft.
- Duplex
- Active
- Updated 10 hours ago
- 6Beds
- 4Total Baths
- 2,400Sq. Ft.
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- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,044Sq. Ft.
- Townhouse
- Active
- Updated 13 hours ago
- 3Beds
- 4Total Baths
- 2,108Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
Listed by Prominent Properties Sotheby's International Realty-Tenafly and Prominent Properties Sotheby's International Realty-Englewood Cliffs
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- Single Family
- Closed
- 3Beds
- 4Total Baths
- 2,318Sq. Ft.
Listed by Jack Green Realty, Michelle Green and Jack Green Realty, Jack Green IV
Sold by Linda Henderson
Sold by Linda Henderson
- Single Family
- Closed
- 4Beds
- 5Total Baths
- 2,531Sq. Ft.
Listed by Jack Green Realty, Jack Green IV
Sold by Michele Taylor
Sold by Michele Taylor
20 Webb Avenue, Ocean Grove, NJ 07756 (MLS# 22533220) is a Multi-Family property with 7 units containing 8 bedrooms and 7 full bathrooms. 20 Webb Avenue is currently listed for $1,700,000 and was received on November 02, 2025. Want to learn more about 20 Webb Avenue? Do you have questions about finding other Multi-Family real estate for sale in Ocean Grove? You can browse all Ocean Grove real estate or contact a Coldwell Banker agent to request more information.