54 Olin Street, Ocean Grove, NJ 07756 (MLS # 22534904)

Price $899,900
Status Active
Beds 3
Baths 3 Baths
Home size 2,587 sqft
Lot Size 872 sqft
Days on Market 17
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!
Property Type(s): Single Family
Last Updated 11/19/2025 Tract Ocean Grove
Year Built 1910 Community Ocean Grove
County Monmouth

SCHOOLS

Jr. High School Neptune

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA Ocean Grove
BASEMENT Unfinished, Yes
EXTERIOR Balcony
FIREPLACE Yes
HEAT Natural Gas
LOT 871 sq ft
LOT DIMENSIONS 19 x 51
SEWER Public Sewer
STORIES 2
STYLE Custom, Historic
SUBDIVISION Ocean Grove
TAXES 20152
WATER Public

Location

 

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