54 Olin Street new

Ocean Grove,NJ 07756

$ 899900

3 Beds

3 Baths

2587 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,587 sqft

Price per Sqft $347

Municipality Neptune Twp (NPT)

Subdivision Ocean Grove

MLS Listing ID 22534904

Style Historic,Custom

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1910

Annual Tax Amount $20,152

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 19 x 51

Property Sub-Type Single Family Residence

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

The best deal in Ocean Grove! You can live three blocks to the beach, steps to Main Ave, and a short stroll to Asbury Park. This recently renovated, historic building uniquely provides income from two first floor commercial spaces with a current rent roll that offsets your taxes and insurance. Compared to single family homes of this quality, size, and location, the value is undeniable. Rental income covering the carrying costs is the icing on the cake!

Now vacant and easy to show, the residential portion stuns with high ceilings on both levels, three bedrooms and three full bathrooms, a gas fireplace, updated kitchen, large living room and a bonus room. The basement is bone dry. The whole building is equipped with fire suppression.

Savvy buyers know this is a rare opportunity!

Location

State NJ

County Monmouth

Area Ocean Grove

Direction Main to Pilgrim to Olin

Rooms

Basement Unfinished

Interior

Interior Features Ceilings - 9Ft+ 1st Flr,Ceilings - 9Ft+ 2nd Flr

Heating Natural Gas

Cooling Central Air

Flooring Wood

Fireplaces Number 1

Fireplace Yes

Exterior

Exterior Feature Balcony

Roof Type Shingle,Flat

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Historic,Custom

Structure Type Balcony

Schools

Middle Schools Neptune

Others

Senior Community No

Tax ID 35-00164-0000-00003

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