For sale

Price cut: $50.1K (11/19)

$899,900

54 Olin Street, Ocean Grove, NJ 07756

3beds

2,587sqft

Est.:

Single Family Residence

Built in 1910

871.2 Square Feet Lot

$917,800 Zestimate^®

$348/sqft

$-- HOA

What's special

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!

31 days

1,360

58

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas

Cooling

Central Air

Features

Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr
Flooring: Wood
Basement: Unfinished
Number of fireplaces: 1

Interior area

Total structure area: 2,587
Total interior livable area: 2,587 sqft

Property

Features

Stories: 2
Exterior features: Balcony

Lot

Size: 871.2 Square Feet
Dimensions: 19 x 51

Details

Parcel number: 3500164000000003

Construction

Type & style

Home type: SingleFamily
Architectural style: Custom
Property subtype: Single Family Residence

Materials

Roof: Flat

Condition

Year built: 1910

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Ocean Grove

HOA

Has HOA: No

Location

Region: Ocean Grove

Financial & listing details

Price per square foot: $348/sqft
Tax assessed value: $1,229,200
Annual tax amount: $20,152
Date on market: 11/19/2025
Exclusions: personal property

Estimated market value

$917,800

$872,000 - $964,000

$4,488/mo

Price history

Date	Event	Price
11/19/2025	Price change	$899,900-5.3%$348/sqft
Source: MoreMLS #22534904 Report a problem
11/10/2025	Listing removed	$3,500$1/sqft
Source: MoreMLS #22531032 Report a problem
10/21/2025	Price change	$950,000-5%$367/sqft
Source: MoreMLS #22433356 Report a problem
10/20/2025	Price change	$3,500-7.9%$1/sqft
Source: MoreMLS #22531032 Report a problem
10/18/2025	Price change	$3,800-5%$1/sqft
Source: MoreMLS #22531032 Report a problem