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This Hospitality Property is no longer advertised on LoopNet.com.

19 Main Ave
Ocean Grove, NJ 07756

The Majestic Hotel · Hospitality Property For Sale · 12,500 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.11 AC
Building Size 12,500 SF
No. Stories 4
Year Built 1890
Corridor Interior

Amenities

  • Restaurant
  • Meeting Event Space

About 19 Main Ave , Ocean Grove, NJ 07756

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, with 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-00166-0000-00002
Land Assessment
$782,600
Improvements Assessment
$1,194,400
Total Assessment
$1,977,000

zoning

Zoning Code HD1F (Hospitality)
HD1F (Hospitality)
  • Listing ID: 25176868

  • Date on Market: 3/4/2022

  • Last Updated:

  • Address: 19 Main Ave, Ocean Grove, NJ 07756

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