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54 Olin Street, Ocean Grove, NJ 07756

Beds
3
Baths
3
Sqft
2,587

View property features, location on map, relevant school information and overview from seller's agent.

Listed byAllegro Agency
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Overview

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!

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
3
Number of bathrooms
3
Square feet
2,587
Lot size (acres)
0.02
Year built
1910

Interior features

Basement
Yes, Unfinished
Fireplaces
1

Utilities

Heating
Natural gas
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$20,152

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Monmouth Ocean Regional MLS MLS®#: 22534904 Last checked:

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by brokerage firms other than Allegro Agency, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.