$3,663,000
$4,200,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
19 Main Avenue Ocean Grove, NJ 07756
10,500 SqFt
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 MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1890
Annual Tax Amount $35,425
Tax Year 2021
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 61x99
Property Sub-Type Commercial
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
Waterfront Description Oceanview
Private Pool No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 35-00166-0000-00002
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Bought with Ward Wight Sotheby's International Realty