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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Owner options
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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#: 22326536
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
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Sold | $990,000-10% |
Source: | ||
| 10/21/2023 | Pending sale | $1,100,000 |
Source: | ||
| 9/29/2023 | Listed for sale | $1,100,000+41.9% |
Source: | ||
| 10/24/2022 | Listing removed | -- |
Source: | ||
| 7/16/2022 | Pending sale | $775,000+3.3% |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 4/10Midtown Community Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Neptune Middle SchoolGrades: 6-8Distance: 1.5 mi
- 1/10Neptune High SchoolGrades: 9-12Distance: 1.3 mi
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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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

