19 Main Avenue, Ocean Grove, NJ 07756
$3,663,000
Property Type:
Commercial
Square Footage:
10,500
Lot Size (sq. ft.):
4,792
Status:
Closed
Current Price:
$3,663,000
List Date:
3/04/2022
Last Modified:
2/08/2025
Overview
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.
Listing Details MLS# 22206006
Contract Info
- Property Sub-Type
- Commercial
- Sale
- Yes
- Lease
- No
- List Price/SqFt
- 400
Location
- House Number
- 19
- 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
- Directions
- Ocean Ave to Main Ave Beach Block
General Property Info
- # Levels
- 4
- Apx SqFt
- 10500
- Apx Year Built
- 1890
- Garage
- No
- Acreage
- 0.11
- Lot Dimensions
- 61x99
- Business Name
- The Majestic Hotel
- Business Operating
- Yes
- # Car Garage
- 0
Tax and Legal
- Asmnt - Total
- 1705600
- Taxes
- 35425
- Tax Year
- 2021
Status Change Info
- Sold Date
- 2023-05-23
Use
- Hotel/Motel
- Yes
- Restaurant
- Yes
More Information
Lot Description
- Corner Lot
- Yes
Water Type
- Oceanview
- Yes
Electric
- Other - See Remarks
- Yes
Gas
- At Street
- Yes
Water Heater
- Natural Gas
- Yes
Heating
- Natural Gas
- Yes
Water
- Public Water
- Yes
Sewer
- Public Sewer
- Yes
Parking
- On Street
- Yes
Assessment Status
- Assessed
- Yes
Property Features
Use:
Hotel/Motel; Restaurant
Heating:
Natural Gas
Water Heater:
Natural Gas
Water:
Public Water
Sewer:
Public Sewer
Gas:
At Street
Electric:
Other - See Remarks
Parking:
On Street
Lot Description:
Corner Lot
Water Type:
Oceanview
Assessment Status:
Assessed
Listing Office:
Ward Wight Sotheby's International Realty
Listing Agent:
Joanne McLaughlin
Last Updated: February - 08 - 2025
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