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Prime Investment Opportunity - 7-Unit Beachside Property in $1,700,000

20 Webb Avenue, Ocean Grove, NJ 07756

8 br, 7.0 ba, 1900 3815 sf
Monmouth County
Ad #: 6788546

Home For Sale near Fletcher Lake

Prime Investment Opportunity - 7-Unit Beachside Property in Ocean GroveExceptional opportunity to own a fully occupied 7-unit income property a block from the beach, boardwalk, and charming downtown Ocean Grove. This well-maintained building features one spacious 2-bedroom, 1-bath unit and six 1-bedroom, 1-bath units, offering an ideal mix for steady, reliable rental income.With a proven track record of consistent cash flow and strong tenant demand, this property is perfectly positioned for both long-term investors and those looking to expand their coastal portfolio. The unbeatable locationsteps from the ocean and minutes to Asbury Park's restaurants and nightlifemakes this an in-demand asset year-round.

Property Details

  • Beds: 8
  • Baths: 7.0
  • Sq Feet: 3815
  • Year Built: 1900
  • Location: Fletcher Lake
  • Acres: 0.040
  • County: Monmouth County
  • Community: Ocean Grove
  • Heat/AC: Forced Air
  • Roof: Shingle
  • Property Taxes: $16,992
  • MLS #: 22533220

Location

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Contact Information:

Contact Agent
Listing Agent: Michael Lubrano, Berkshire Hathaway HomeServices Fox & Roach, Realtors, 702-503-6573, 732-946-3200 Listing Site, Listing Status: Active
Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Ocean Grove, New Jersey
Ad Number : 6788546
Viewed: 58 times
Added: Nov 02, 2025
Updated on: Nov 05, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.