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$4,250,000 Just Listed
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Property Description
LOCATION! LOCATION! LOCATION! This iconic hotel sits on a corner triple lot in the heart of Historic Ocean Grove. Outside your front door is our vibrant downtown, 2 short blocks and you arrive at our pristine ocean front, and only a few blocks away is the Great Auditorium and a footbridge that crosses Wesley Lake to Asbury Park. The hotel offers 28 rooms, 26 have en suite baths and 2 rooms share a bath, Plenty of outdoor space with 3 levels of porches in the front and 2 levels at the rear, The owners/managers unit offers 1 bedroom, living room, kitchen, full bath and office. This profitable investment is turn key. If you've dreamed of being an innkeeper this one is for you. Don't miss out on this wonderful property.
Full Property Details
Full Property Details for 39 Main Ave
General
- Price: $4,250,000
- Taxes: $30,356 (2026)
- Status: Active
- Type: Commercial Residential Facility
- Source: Monmouth
- MLS ID: 22623470
- Updated: Today (7/31/2026)
- Added to Site: Today
Business
- Business Type: Bed & Breakfast, Hotel/Motel, Guest House
Parking
- Parking Features: On-Street
Location
- Area: Neptune Twp (NPT)
- Municipality: Neptune Twp (NPT)
- County: Monmouth
- Subdivision: Ocean Grove
Heating & Cooling
- Heating Type: Baseboard
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 10,260
- Current Bldg. Use: Bed and Breakfast, Guesthouse, Hotel/Motel
- Year Built: 1876
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Lot Dimensions: 30 x 117
- Lot Features: Level, Corner Lot
Water Features
- Water Front Type: Oceanside/Beach Blk, Oceanview
Financial Considerations
- Price Per Sq. Ft.: $414.23
- Assessment Amount: $1,579,500
- Tax Amount: $30,356
- Tax Year: 2026
Disclosures and Reports
- Property ID: 35-00165-0000-00003
- Section: Ocean Grove
Listed by RE/MAX Gateway, Alfredo Fresnedo
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Price & Sales History for 39 Main Ave
Date
Details
Price
Change
Source
7/31/2026
Listed
$4,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 39 Main Ave
39 Main Avenue, Ocean Grove, NJ 07756 (MLS# 22623470) is a Commercial Residential Facility property. 39 Main Avenue is currently listed for $4,250,000 and was received on July 31, 2026. Want to learn more about 39 Main Avenue? Do you have questions about finding other Commercial Residential Facility 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.

