20 Webb Ave

Ocean Grove, NJ 07756

$1,700,000
Price
8
Beds
—
Baths
3,815 Sq. Ft.
$446 / Sq. Ft.
3,815
Sq. Ft.
$446
per Sq. Ft.
a front view of a house with a yard
a view of house with roof deck
a view of a ocean from a balcony
a view of an ocean and beach
a view of an ocean beach
front view of a brick building

Description

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...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 location--steps from the ocean and minutes to Asbury Park's restaurants and nightlife--makes this an in-demand asset year-round.
  1. Listed by Michael Lubrano • Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Property Details for 20 Webb Avenue

Complex/Subdivision
Ocean Grove
Zoning
Multi-Use
Waterview
No
Directions
From Route 35 take Broadway East then turn right onto Central Ave, then a left onto Webb Ave
LISTING UPDATED: 12/09/2025 09:46 AM

Property Details for 20 Webb Avenue

StatusActive
MLS #22533220
Days on Market65
Taxes$16,992 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 7+ Family
Year Built1900
Lot Size0.04 AC / 1,742 SF
CountyMonmouth County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Add your commute

Building Information for 20 Webb Avenue

Stories3Residences7Year Built1900Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$9,702 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,286

Property Taxes

$1,416

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20 Webb Avenue

Summary
Location and General Information
  • Area/Section: Ocean Grove
  • Postal City: Ocean Grove
  • State: NJ
  • Municipality: Neptune Twp (NPT)
  • Middle School: Neptune
  • High School: Neptune Twp
  • # Units in Bldg: 7
  • Block: 231
  • Apx Year Built: 1900.0
Parking
  • Garage: None
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 35-00231-0000-00010
  • Taxes: $16,992.00
  • Tax Year: 2024
Property
Lot Information
  • Apx SqFt: 3815.0
  • # Acres: 0.04
  • Lot: 10
  • Lot Dimensions: 30 x 53
Property and Assessments
  • Assessment - Total: 987200.0
  • Assessment - Improvements: 386000.0
  • Assessment Status: Assessed
  • Asmnt - Land: 601200.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: 7+ Family
Utilities
  • Water Heater: Natural Gas
  • Water/Sewer: Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingle
Interior Features
  • Interior: Fire Sprinkler System, Balcony, Attic
  • # Levels: 3
  • Basement: Full, Partially Finished
  • Bedrooms: 8
Multi Family
Unit 1
  • Unit 1: # Bedrooms: 1
  • Unit 1: # Full Baths: 1
  • Unit 1: Rent: $2,500.00
Unit 2
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Full Baths: 1
  • Unit 2: Rent: $1,850.00
Unit 3
  • Unit 3: # Bedrooms: 1
  • Unit 3: # Full Baths: 1
  • Unit 3: Rent: $1,800.00
Unit 4
  • Unit 4: # Bedrooms - Unit 4: 1
  • Unit 4: # Full Baths - Unit 4: 1
  • Unit 4: Rent: $1,850.00
Unit 5
  • Unit 5: # Bedrooms: 1
  • Unit 5: # Full Baths: 1
  • Unit 5: Rent: $1,625.00
Unit 6
  • Unit 6: # Bedrooms: 1
  • Unit 6: # Full Baths: 1
  • Unit 6: Rent: $1,550.00
Unit 7
  • Unit 7: # Bedrooms: 1
  • Unit 7: # Full Baths: 1
  • Unit 7: Rent: $1,650.00

Property History for 20 Webb Avenue

DateEvent & SourcePriceAppreciation
Nov 2, 2025

Listed (Active)

MOMLS #22533220

$1,700,000—
May 5, 2025

Temp Off Market

MOMLS #22513125

—
DateEvent & SourcePrice
11/02/2025

Listed (Active)

MOMLS #22533220

$1,700,000
05/05/2025

Temp Off Market

MOMLS #22513125

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20 Webb Avenue

Taxable ValueLand$601,200Additions$386,000Total$987,200
Tax Record2024$16,992 ($1,416 / month)
Home Facts
Total Finished SqFt3,815 SqFtAbove Grade Finished SqFt3,815 SqFtStories3Lot Size1,590 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningHD-OCountyMONMOUTHAPN35 00231-0000-00010

Schools near 20 Webb Avenue

This home is within Neptune Township School District.
Rating
School
Type
Grades
Distance
Midtown Community Elementary School
Public - PK to 5
Neptune Middle School
Public - 6 to 8
Neptune High School
Public - 9 to 12
Gables Elementary School
Public - PK to 5
Rating
School
Distance
Midtown Community Elementary School
PublicPK to 5

Neptune Middle School
Public6 to 8

Neptune High School
Public9 to 12

Gables Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 20 Webb Avenue, Ocean Grove, NJ 07756

20 Webb Avenue is a multi-family home for sale in Ocean Grove, NJ 07756. This property was listed for sale on November 2, 2025 by Berkshire Hathaway HomeServices Fox & Roach - Holmdel, it's currently listed at $1,700,000. This listing's school district is Neptune Township School District. Nearby schools include Midtown Community Elementary School, Neptune Middle School and Neptune High School. 20 Webb Avenue is a 8-bed, 0-bath, 3,815 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.