Property

Ocean Grove, NJ 07756 20 Webb Avenue

$1,750,000

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Presented By: Peter Boutros, EXP Realty
  • MLS# 22513125
  • 05/05/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • SQFT • 3,815

Home Details

An exceptional investment opportunity! This 7-unit property features one 2-bed, 1-bath unit and six 1-bed, 1-bath units. Ideally situated just blocks from the beach, boardwalk, and the heart of vibrant Ocean Grove, this property offers strong rental income potential in a high-demand area. Consistent cash flow, and unbeatable location make this a rare find! Whether you're expanding your portfolio or seeking a prime asset in a thriving coastal community, this one checks all the boxes. A true investor's gem don't miss out!!
Presented By: Peter Boutros, EXP Realty

Interior Features for 20 Webb Avenue

Bedrooms

Total Bedrooms8

Bathrooms

Half Baths0
Total Baths7

Other Interior Features

Air Conditioning Y/NYes
BasementPartially Finished
Heating Y/NYes
Total Fireplaces

General for 20 Webb Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityOcean Grove
CoolingOther
CountyMonmouth
DirectionsFrom Route 35, take Broadway east, turn right on Central Ave, then left on Webb Ave. GPS works fine
Electric On Property Y/NNo
Full Baths7
Garage Spaces0.0
Garage Y/NNo
HeatingForced Air
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet1742.4
Lot Size UnitsAcres
MLS AreaOcean Grove
MLS Area MinorNeptune Twp (NPT)
Middle/Junior High SchoolNeptune
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total7
Property Subtype7+ Family
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Subdivision NameOcean Grove
Tax Annual Amount16992.0
Tax Year2024
TaxOtherAnnualAssessmentAmount988500.0
Waterfront Y/NNo
Year Built1900

Exterior for 20 Webb Avenue

Building Area Total3815.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions30 x 53
Lot FeaturesLevel
Lot Size Acres0.04
Lot Size Area0.04
Open Parking Y/NNo
Parking FeaturesOn Street
SpaNo
Water SourcePublic

Additional Details

Price History

Schools

High School N/A
Elementary School N/A
Middle School Neptune Middle School

Charles Torres

Owner
Price $1,750,000
MLS#22513125
List Date 05/05/2025
Property Type Multi-Family
Phone (973) 332-3023
Request Tour
Request Info
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