54 Olin Street, Ocean Grove, NJ 07756

$800,000
: 3
BD
: 3
BA
: 2,587
SqFt

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Sold Price: $800,000
List Price: $899,900
Status: CLOSED
Type: Single Family Residential
MLS#: 22534904
Closing Date: Mar 05, 2026
Beds: 3
Baths: 3
Living Area: 2,587
Region: Neptune Twp (NPT)
Year Built: 1910

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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!

(908) 208-2699

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Additional Information

Middle School: Neptune
Acres: 0.02
Closing Date: Mar 05, 2026
Taxes: $20,152
Subtype: Single Family Residence
Year Built: 1910
Living Area: 2,587
Subdivision: Ocean Grove
Basement: Unfinished
Roof: Shingle
Fireplaces: 1
Fireplace: Yes
Stories: 2
Exterior: Balcony
Exterior: Balcony