Ocean Grove, NJ – Monday, March 9, 2026 – TFE Properties announced the acquisition of 4 Boardwalk in Ocean Grove, New Jersey, marking the company’s first boardwalk property in the historic seaside community.
The property is the former site of the Boardwalk Pavilion, which was home to several beloved small businesses, including Dune’s Boardwalk Café. The site was destroyed by fire in 2019 but has remained a prominent and meaningful location along the Ocean Grove shoreline.
Situated in a highly desirable coastal corridor, 4 Boardwalk offers exceptional proximity to neighboring Asbury Park—just steps from the city’s historic pavilion and carousel—and is equally convenient to Ocean Grove’s vibrant town center, known for its unique shops, restaurants, and year-round community events.
“This acquisition represents an important milestone for TFE,” said Carey Tajfel, President of TFE Properties. “Ocean Grove’s boardwalk is iconic, and we are honored to invest in a property that holds both historic significance and meaningful potential for the community. We look forward to contributing thoughtfully to the continued vitality of the shoreline.”
TFE Properties planned 40,000-square-foot pavilion aims to reestablish the property as a vibrant destination for residents and visitors, while honoring the site’s historic role within the community.
Ocean Grove, renowned for its Victorian architecture and charming seaside character, continues to attract visitors and residents seeking a distinctive coastal experience. TFE’s investment underscores confidence in the long-term growth and appeal of the area.
For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, TFE Properties develops strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties with opportunity to create value. The company’s primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, and land development. For more information, visit www.tfeproperties.com.