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.
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
$1,198,000 Zestimate®
$--/sqft
$4,397 Estimated rent
What's special
Zillow last checked: 7 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
- Patio & porch: Deck
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
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,198,000
2% more+ $23,960
With Zillow Showcase(estimated)
$1,221,960