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Sold for $990,000 on 12/08/23
  • $990,000

    123 Main Avenue, Ocean Grove, NJ 07756

    6beds
    --sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $1,196,200 Zestimate®
    $--/sqft
    $3,437 Estimated rent

    Home value

    $1,196,200

    $1.06M - $1.35M

    $3,437/mo

    Zestimate® history
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    $6,404/mo

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    What's special

    Welcome to this charming new listing in the heart of Ocean Grove, a quaint shore town where the beach, downtown, and the vibrant Asbury Park are all within a stone's throw. This property is a prime investment opportunity, perfect for those looking to maximize income potential. With three separate apartments, you have the flexibility to live in one and rent out the other two, ensuring a steady stream of rental income. The convenience of being close to NJ Transit makes commuting a breeze, while the allure of the nearby beach and bustling Asbury Park adds to the appeal. The first apartment boasts a comfortable bedroom, living room, dining room and kitchen. Ascend to the second floor to apartment #2 and find three spacious bedrooms with a generous living room, dining room and kitchen. On the third floor, you'll find a large two-bedroom apartment that completes this income-generating property. With a proven track record of success in the short-term rental market and numerous recent improvements, this triplex is a solid investment opportunity. Don't miss your chance to own a piece of this desirable coastal community that offers both a comfortable residence and a promising income generator. Home is well maintained and is being sold as is.

    Zillow last checked: 8 hours ago

    Listing updated: February 16, 2025 at 07:22pm

    Listed by:

    Kathleen A Powell 732-567-5246,

    Diane Turton, Realtors-Avon

    Bought with:

    Jamie Ostaszewski, 1756626

    EXP Realty

    Source: MoreMLS,MLS#: 22326536MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Cooling
    • Multi Units
    Features
    • Basement: Partial,Walk-Out Access

    Property

    Parking
    • Parking features: On Street
    Features
    • Stories: 3
    Details
    • Parcel number: 00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Ocean Grove
    • Subdivision: Ocean Grove

    Price history

    DateEventPrice
    12/8/2023Sold$990,000-10%
    Source: MoreMLS #22326536
    10/21/2023Pending sale$1,100,000
    Source: MoreMLS #22326536
    9/29/2023Listed for sale$1,100,000+41.9%
    Source: MoreMLS #22326536
    10/24/2022Listing removed--
    Source: RE/MAX International
    7/16/2022Pending sale$775,000+3.3%
    Source: RE/MAX International #22212346

    Public tax history

    YearProperty taxesTax assessment
    2024$16,807 +31.3%$1,001,600 +38.8%
    2023$12,805 -1.4%$721,800 +4.5%
    2022$12,990 +4.1%$690,600 +15%

    Find assessor info on the county website

    Neighborhood: Ocean Grove

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Neptune
    • High: Neptune Twp

    Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,196,200
    2% more+ $23,924
    With Zillow Showcase(estimated)
    $1,220,124