54 Olin Street, Ocean Grove, NJ 07756

Local realty services provided by:ERA Central Realty Group
54 Olin Street,Ocean Grove, NJ 07756
$899,900
  • 3 Beds
  • 3 Baths
  • 2,587 sq. ft.
  • Single family
  • Active
Listed by: christopher morales, irene v allegro
Office: allegro agency
MLS#:22534904
Source:NJ_MOMLS

Price summary

  • Price:$899,900
  • Price per sq. ft.:$347.85

About this home

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!

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Home facts

  • Year built:1910
  • Listing ID #:22534904
  • Added:1 day(s) ago
  • Updated:November 19, 2025 at 08:47 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,587 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas

Structure and exterior

  • Roof:Flat, Shingle
  • Year built:1910
  • Building area:2,587 sq. ft.
  • Lot area:0.02 Acres

Schools

  • Middle school:Neptune

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$899,900
  • Price per sq. ft.:$347.85
  • Tax amount:$20,152 (2024)
IDX information if provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided by Monmouth MLS. Last Updated November 19, 2025