Skip To Content

19 Main Avenue

Ocean Grove, NJ 07756
  • $4,200,000
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 22206006
UPDATED: 28 min ago
$4,200,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,500
    SQFT
  • $400
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1890
County:

School Ratings & Info

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.

Monthly Payment Calculator



© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Streetlight Team | Formula Realty. Data last updated 2022-05-17T19:20:06.383.
www.streetlightrealestate.com/homes/126365691
Print Image

19 Main Avenue Ocean Grove, NJ 07756

  • Price: $4,200,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 28 min ago
  • MLS #: 22206006
0
Beds
0
Baths
0
½ Baths
0.11
Acres
10,500
SQFT
$400
$/SQFT
1890
Built
Neighborhood:
Neptune Twp (NPT)
County:
Monmouth
Area:
Neptune Twp (NPT)
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.
Exterior Features

Garage No Lot Description Corner Lot Lot Dimensions 61X99 Parking Driveway On Street Water Type Oceanview

Interior Features

Heat Fuel Natural Gas Water Heater Natural Gas

Property Features

Assessment Land 707100.00 Assessment Status Assessed Assessment Total 1705600.00 Business Name The Majestic Hotel Business Operating Yes Commercial Type Commercial Electric1 Other - See Remarks Gas At Street Improvements Assessment 998500.00 Lease No Sale Yes Sewer Public Sewer Tax Year 2021 Taxes 35425.00 Use Hotel/MotelRestaurant Water Public Water

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Joanne Mclaughlin of Ward Wight Sotheby's International Realty.


© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Streetlight Team | Formula Realty. Data last updated 2022-05-17T19:20:06.383.
 
https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_2_22206006-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_2_22206006-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_2_22206006-2.jpg
Logo
The Streetlight Team | Formula Realty
33 Ferry Street
South River NJ, 08882