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54 Olin Street, Ocean Grove, NJ 07756
$899,900
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
2,587
Lot Size (sq. ft.):
871
Status:
Active
Current Price:
$899,900
List Date:
11/19/2025
Last Modified:
12/31/2025
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!
More Information MLS# 22534904
Contract Info
List Price/SqFt: 347.85
Sub-Type: Detached
Status: Active
List Date: 2025-11-19
List Price: $899,900
Current Price: $899,900
Property Sub-Type: Single Family Residence
Location
Area/Section: Ocean Grove
Middle School: Neptune
House Number: 54
Street Name: Olin
Street Suffix: Street
County: Monmouth
Municipality: Neptune Twp (NPT)
Postal City: Ocean Grove
State: NJ
Zip Code: 07756
Complex/Subdivision: Ocean Grove
Directions: Main to Pilgrim to Olin
General Property Info
Waterfront: No
# Levels: 2
Waterview: No
Acreage: 0.02
Fireplace: Yes
Lot Dimensions: 19 x 51
Rooms: 9
# Fireplaces: 1
Basement: Yes
# Units/Bldgs: 3
Garage: No
# Car Garage: 0
HOA: No
Pool: No
Bedrooms: 3
Full Baths: 3
Total Baths: 3
Apx SqFt: 2587
Apx Year Built: 1910
Tax and Legal
Asmnt - Total: 1229200
Taxes: 20152
Tax Year: 2024
Remarks & Misc
Excluded: personal property
Ownership Type
Fee Simple: 1
Style
Custom: 1
Historic: 1
Interior
Ceilings - 9Ft+ 1st Flr: 1
Ceilings - 9Ft+ 2nd Flr: 1
Showing
Showing Time: 1
Living Room
Fireplace - Gas: 1
Floor - Wood: 1
Dining Room
Floor - Wood: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Floors
Wood: 1
Kitchen
Center Island: 1
Basement
Unfinished: 1
Primary Bedroom
Floor - Wood: 1
Full Bath: 1
Cooling
Central Air: 1
Water Heater
Natural Gas: 1
Primary Bath
Tub: 1
Heating
Natural Gas: 1
Exterior
Balcony: 1
Assessment Status
Assessed: 1
Roof
Flat: 1
Shingle: 1
Rooms
Bathroom: 1
Bedroom: 1
Bonus Room: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Primary Bathroom: 1
Primary Bedroom: 1
Bathroom Level
Second: 1
Third: 1
Primary Bathroom Level
Second: 1
Bedroom Level
Third: 1
Bonus Room Level
Third: 1
Dining Room Level
Second: 1
Kitchen Level
Second: 1
Living Room Level
Second: 1
Primary Bedroom Level
Second: 1
Property Features
Ownership Type: Fee Simple
Style: Custom; Historic
Interior: Ceilings - 9Ft+ 1st Flr; Ceilings - 9Ft+ 2nd Flr
Living Room: Fireplace - Gas; Floor - Wood
Dining Room: Floor - Wood
Kitchen: Center Island
Primary Bedroom: Floor - Wood; Full Bath
Primary Bath: Tub
Basement: Unfinished
Floors: Wood
Cooling: Central Air
Heating: Natural Gas
Water Heater: Natural Gas
Exterior: Balcony
Roof: Flat; Shingle
Assessment Status: Assessed
Showing: Showing Time
Rooms: Bathroom; Bedroom; Bonus Room; Dining Room; Kitchen; Living Room; Primary Bathroom; Primary Bedroom
Bathroom Level: Second; Third
Primary Bathroom Level: Second
Bedroom Level: Third
Bonus Room Level: Third
Dining Room Level: Second
Kitchen Level: Second
Living Room Level: Second
Primary Bedroom Level: Second
Room Information
Bathroom
Level: Second
Level: Second
Living Room
Level: Second
Level: Second
Dining Room
Level: Second
Level: Second
Kitchen
Level: Second
Level: Second
Primary Bedroom
Level: Second
Level: Second
Primary Bathroom
Level: Second
Level: Second
Bedroom
Level: Third
Level: Third
Bonus Room
Level: Third
Level: Third
Bedroom
Level: Third
Level: Third
Bathroom
Level: Third
Level: Third
Listing Office:
Allegro Agency
Listing Agent:
Christopher Morales
Last Updated: December - 31 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is 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.