Property

Ocean Grove, NJ 07756 78 Lake Avenue

Pending
78 Lake Avenue Ocean Grove, NJ - Image 178 Lake Avenue Ocean Grove, NJ - Image 278 Lake Avenue Ocean Grove, NJ - Image 3
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Presented By: Dawn E Kologi, Compass New Jersey, LLC
  • MLS# 22505134
  • 05/20/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 4
  • SQFT • 3,425

Home Details

Welcome to your dream investment opportunity on the serene shores of Wesley Lake in Ocean Grove! This stunning move-in ready multi-family home boasts 5 spacious bedrooms and 4 full baths, offering a perfect blend of modern luxury and coastal charm. Imagine waking up to breathtaking views of Asbury Park, with its vibrant arts scene and dynamic energy, right from your doorstep. The first floor home offers an expansive lake front living area, formal dining area, spacious kitchen, large master bedroom, full bath, bonus room, and both enclosed and open porches, where you can savor your morning coffee while soaking in the picturesque lake views. The second floor apartment with private entrance boasts an impressive large gathering room, a dining room perfect for hosting, an efficient kitchen, and two full bathrooms for ultimate convenience and comfort, along with a versatile bonus room that can be tailored to your needs, whether it be a home office or guest room. The wrap-around covered porch is a true highlight, providing a serene outdoor space for dining al fresco, morning coffees, or simply unwinding while enjoying the fresh air. The third-floor studio is a private sanctuary, featuring a full bath and two additional rooms. The wet bar dining area adds a touch of luxury, making it ideal for those seeking a home office or additional space for guests. This exceptional property is not only a home but a gateway to an unparalleled lifestyle. Enjoy the best of Ocean Grove's quaint charm with its historic architecture and vibrant community events. Stroll to Asbury Park and experience a thriving music scene, eclectic dining options, and boutique shopping. The famed Asbury Park Boardwalk, complete with its iconic carousel and splash park, offers endless entertainment. Whether you're seeking a lucrative rental investment or a spacious home with potential for multi-generational living, this property offers it all. Don't miss your chance to own a piece of paradise in one of New Jersey's most sought-after locations. Schedule your private tour today and discover the unmatched allure of Ocean Grove lakefront living!
Presented By: Dawn E Kologi, Compass New Jersey, LLC

Interior Features for 78 Lake Avenue

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Main Level Bathrooms1
Total Baths4

Other Interior Features

Air Conditioning Y/NYes
BasementPartial, Workshop/ Workbench
Basement (Y/N)Yes
Fireplace Y/NYes
FlooringCarpet, Ceramic Tile, Laminate, Wood, Slate
Heating Y/NYes
Interior AmenitiesBalcony, Bonus Room, Built-in Features, Recessed Lighting
Laundry FeaturesLaundry Tub
Total Fireplaces1
Window FeaturesBay/Bow Window

General for 78 Lake Avenue

Additional Parcels Y/NNo
Architectural StyleShore Colonial
Assoc Fee Paid PerNone
Attached Garage No
Carport Y/NNo
CityOcean Grove
Construction MaterialsAluminum Siding
CoolingCentral Air
CountyMonmouth
DirectionsGarden State Pkwy S to Exit 100A, Continue on NJ 33 East past Jersey Shore Univ. Medical Center to Left on S. Main Street/Route 71, Turn Right on Main Avenue at the Ocean Grove Gate. Left on Delaware A
ExclusionsPersonal Belongings
Full Baths4
Garage Spaces0.0
Garage Y/NNo
HOANo
HeatingNatural Gas
High SchoolNeptune Twp
Home Warranty Y/NNo
Land Lease Y/NYes
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet3049.2
MLS AreaOcean Grove
MLS Area MinorNeptune Twp (NPT)
Middle/Junior High SchoolNeptune
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-10T21:35:40Z
New ConstructionNo
Patio/Porch FeaturesPorch - Covered, Porch - Open, Porch - Enclosed, Patio
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Stories3
Subdivision NameNone
Tax Annual Amount17403.0
Tax Assessed Value1012400
Tax Year2024
Total Rooms18
Utilities@Core.PermissionsNone
ViewWaterview
Water Body Access Y/NNone
Waterfront FeaturesLake Front
Year Built1904
Zoning DescriptionResidential

Exterior for 78 Lake Avenue

Bedroom_sp_Level_co_First34True
Building Area Total3425.0
Crops Included Y/NNo
Door FeaturesStorm Door(s), French Doors
Horse Y/NNo
InclusionsWasher, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Stove Hood, Refrigerator, Gas Cooking
Irrigation Water Rights Y/NNo
Lot Dimensions44 x 70
Lot FeaturesFenced Area, Lake on Lot, Leased Land
Lot Size Acres0.07
Lot Size Area0.07
ModelN/A
Parking FeaturesOn Street, None
SpaNo
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Schools

Elementary School N/A
High School Neptune Twp High School
Middle School Neptune Middle School

Brian Lee

Associate
Price $1,200,000
MLS#22505134
List Date 05/20/2025
Property Type Pending
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