Property

Ocean Grove, NJ 07756 54 Olin Street

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Presented By: Christopher Morales, Allegro Agency
  • MLS# 22534904
  • 11/19/2025
  • Request Tour
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  • Beds • 3
  • Baths • 3
  • SQFT • 2,587

Home Details

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!
Presented By: Christopher Morales, Allegro Agency

Interior Features for 54 Olin Street

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

Air Conditioning Y/NYes
BasementUnfinished
Basement (Y/N)Yes
Fireplace Y/NYes
FlooringWood
Heating Y/NYes
Interior AmenitiesCeilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr
Total Fireplaces1

General for 54 Olin Street

Additional Parcels Y/NNo
Architectural StyleHistoric, Custom
Attached Garage No
Carport Y/NNo
CityOcean Grove
CoolingCentral Air
CountyMonmouth
DirectionsMain to Pilgrim to Olin
Exclusionspersonal property
Full Baths3
Garage Spaces0.0
Garage Y/NNo
HOANo
HeatingNatural Gas
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet871.2
MLS AreaOcean Grove
MLS Area MinorNeptune Twp (NPT)
Middle/Junior High SchoolNeptune
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
Rent Control Y/NNo
RoofShingle, Flat
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameOcean Grove
Tax Annual Amount20152.0
Tax Assessed Value1229200
Tax Year2024
Total Rooms10
Utilities@Core.PermissionsNone
Water Body Access Y/NNone
Year Built1910

Exterior for 54 Olin Street

Building Area Total2587.0
Crops Included Y/NNo
Exterior AmenitiesBalcony
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions19 x 51
Lot Size Acres0.02
Lot Size Area0.02
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

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

Tina Torres

Broker/Owner
Price $899,900
MLS#22534904
List Date 11/19/2025
Property Type Single Family
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