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    19 Main Avenue

    Ocean Grove, NJ 07756
    • $4,200,000
    • STATUS: Active
    • ON SITE: 71 days
    • MLS #: 22028457
    UPDATED: 94 min ago
    $4,200,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,500
      SQFT
    • $336
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1865
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale ''The Majestic'' hotel in Ocean Grove New Jersey. The Majestic is a 16 Room Hotel with Restaurant originally built in 1865 and completely restored in 1999-2000. Originally only 9 rooms, in 2008 an additional 6 rooms including a penthouse were added including countless upgrades. The fully equipped restaurant has an occupancy of 70 as well as seating for 24 for porch dining. The property is ideally located on a corner and is steps from the beach as well as shopping and additional dining establishments. Do not miss this unique opportunity for any entrepreneur, restaurateur, or possible end user. A detailed property list and income information is available upon request to a qualified buyer.

    Monthly Payment Calculator



    © 2020 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 MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2020-10-25T00:19:34.58.
    www.sellitpat.com/homes/108917041
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    19 Main Avenue Ocean Grove, NJ 07756

    • Price: $4,200,000
    • Status: Active
    • Updated: 94 min ago
    • MLS #: 22028457
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    12,500
    SQFT
    $336
    $/SQFT
    1865
    Built
    Neighborhood:
    Neptune Twp (NPT)
    County:
    Monmouth
    Area:
    Neptune Twp (NPT)
    Property Description
    We are pleased to offer for sale ''The Majestic'' hotel in Ocean Grove New Jersey. The Majestic is a 16 Room Hotel with Restaurant originally built in 1865 and completely restored in 1999-2000. Originally only 9 rooms, in 2008 an additional 6 rooms including a penthouse were added including countless upgrades. The fully equipped restaurant has an occupancy of 70 as well as seating for 24 for porch dining. The property is ideally located on a corner and is steps from the beach as well as shopping and additional dining establishments. Do not miss this unique opportunity for any entrepreneur, restaurateur, or possible end user. A detailed property list and income information is available upon request to a qualified buyer.
    Exterior Features

    Garage No Location Other - See Remarks Lot Description CornerOther - See Remarks Lot Dimensions 30 X 9830 Parking Driveway Off SiteOn Site Water Type Other - See Remarks

    Interior Features

    Elevators 1.00 Heat AC Ac Window UnitsCentral Air Heat Fuel Natural Gas Water Heater ElectricNatural Gas

    Property Features

    Assessment Land 707100.00 Assessment Status Assessed Assessment Total 1705600.00 Commercial Type Commercial Documents Available Blue PrintsSurvey Electric1 Other - See Remarks Gas At Street Improvements Assessment 998500.00 Lease No New Construction No Sale Yes Sewer Public Sewer Tax Year 2019 Taxes 36039.00 Use Hotel/MotelRestaurant Water Public Water Zoning Commercial

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Matthew Garabedian of Garabedian Realty Group, Llc.


    © 2020 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 MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2020-10-25T00:19:34.58.
     
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    The MEEHAN Group of RE/MAX New Beginnings Realty
    509 Main Street
    Toms River NJ, 08753