$3,700,000
Ocean Grove, NJ 07756
MLS# 22118058
Status: Closed
1 / 54
Property Description
Rare opportunity to own and operate the Iconic ''Ocean Plaza'' Boutique Hotel ideally situated on the beach block of Ocean Grove. This award winning Hotel offers the elegance and charm of the Victorian era with modern decor and amenities. 16 Guest rooms with private baths, and 3 luxury suites.
Details
Maps
Contract Info
Sale: Yes
Lease: No
Status: Closed
List Date: 2021-06-07
Property Sub-Type: Commercial
Sold Price: $3,700,000
Current Price: $3,700,000
Location
Area/Section: Ocean Grove
House Number: 18
Street Name: Ocean Pathway
County: Monmouth
Municipality: Neptune Twp (NPT)
Postal City: Ocean Grove
State: NJ
Zip Code: 07756
Directions: Ocean Ave, to Ocean Pathway
General Property Info
# Levels: 3
Acreage: 0.1
Lot Dimensions: 60 x 75
Garage: No
# Car Garage: 0
Apx Year Built: 1870
Tax and Legal
Asmnt - Total: 1350200
Taxes: 28152
Tax Year: 2020
Use
Hotel/Motel: 1
Electric
Other - See Remarks: 1
Gas
On Site: 1
Water Heater
Natural Gas: 1
Heating
Natural Gas: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Parking
On Street: 1
Assessment Status
Assessed: 1
Status Change Info
Under Contract Date: 2021-07-09
Sold Date: 2022-03-14
Sold Price: $3,700,000
Property Features
Use: Hotel/Motel
Heating: Natural Gas
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: Other - See Remarks
Parking: On Street
Assessment Status: Assessed
Listing Office: Ward Wight Sotheby's International Realty
Listing Agent: Joanne McLaughlin
Last Updated: February - 07 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.