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Pending
  • Price cut: $250K (5/24)
    $1,200,000

    78 Lake Avenue, Ocean Grove, NJ 07756

    5beds
    3,425sqft
    : 
    Single Family Residence
    Built in 1904
    3,049.2 Square Feet Lot
    $1,141,900 Zestimate®
    $350/sqft
    $-- HOA

    What's special

    Spacious kitchenVersatile bonus roomWrap-around covered porchFormal dining areaLarge master bedroomEfficient kitchenImpressive large gathering room
    Welcome to your dream investment opportunity on the serene shores of Wesley Lake in Ocean Grove! This stunning move-in ready multi-family home boasts 5 spacious bedrooms and 4 full baths, offering a perfect blend of modern luxury and coastal charm. Imagine waking up to breathtaking views of Asbury Park, with its vibrant arts scene and dynamic energy, right from your doorstep. The first floor home offers an expansive lake front living area, formal dining area, spacious kitchen, large master bedroom, full bath, bonus room, and both enclosed and open porches, where you can savor your morning coffee while soaking in the picturesque lake views. The second floor apartment with private entrance boasts an impressive large gathering room, a dining room perfect for hosting, an efficient kitchen, and two full bathrooms for ultimate convenience and comfort, along with a versatile bonus room that can be tailored to your needs, whether it be a home office or guest room. The wrap-around covered porch is a true highlight, providing a serene outdoor space for dining al fresco, morning coffees, or simply unwinding while enjoying the fresh air. The third-floor studio is a private sanctuary, featuring a full bath and two additional rooms. The wet bar dining area adds a touch of luxury, making it ideal for those seeking a home office or additional space for guests. This exceptional property is not only a home but a gateway to an unparalleled lifestyle. Enjoy the best of Ocean Grove's quaint charm with its historic architecture and vibrant community events. Stroll to Asbury Park and experience a thriving music scene, eclectic dining options, and boutique shopping. The famed Asbury Park Boardwalk, complete with its iconic carousel and splash park, offers endless entertainment. Whether you're seeking a lucrative rental investment or a spacious home with potential for multi-generational living, this property offers it all. Don't miss your chance to own a piece of paradise in one of New Jersey's most sought-after locations. Schedule your private tour today and discover the unmatched allure of Ocean Grove lakefront living!
    78 days
    on Zillow
    |
    514
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 10, 2025 at 02:35pm

    Listed by:

    Dawn E Kologi 908-419-5995,

    Compass New Jersey, LLC

    Source: MOMLS,MLS#: 22505134MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Bonus Room
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Balcony, Recessed Lighting
    • Flooring: Ceramic Tile, Laminate, Wood, Slate
    • Basement: Partial,Workshop/ Workbench
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,425
    • Total interior livable area: 3,425 sqft

    Property

    Parking
    • Parking features: On Street, None
    Features
    • Stories: 3
    • Fencing: Fenced Area
    Lot
    • Size: 3,049.2 Square Feet
    • Dimensions: 44 x 70
    Details
    • Parcel number: 3500110000000001
    • On leased land: Yes
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Shore Colonial
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1904

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Ocean Grove

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $1,012,400
    • Annual tax amount: $17,403
    • Date on market: 7/2/2025
    • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Stove Hood, Refrigerator, Gas Cooking
    • Exclusions: Personal Belongings
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