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Sold for $800,000
  • $800,000

    54 Olin Street, Ocean Grove, NJ 07756

    3beds
    2,587sqft
    Single Family Residence
    Built in 1910
    871.2 Square Feet Lot
    $824,200 Zestimate®
    $309/sqft
    $4,652 Estimated rent

    Home value

    $824,200

    $758,000 - $898,000

    $4,652/mo

    Zestimate® history
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    $4,652/mo

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    $5,408/mo

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    $5,408/mo

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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Morales 609-802-1363,

    Allegro Agency,

    Irene V Allegro 732-299-4692,

    Allegro Agency

    Bought with:

    Michelle Green, 1110702

    Jack Green Realty

    Jack Green IV, 0902169

    Jack Green Realty

    Source: MoreMLS,MLS#: 22534904MLS Logo

    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: 871.20 sqft
    • 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 & neighborhood

    Location
    • Region: Ocean Grove
    • Subdivision: Ocean Grove

    Price history

    DateEventPrice
    3/5/2026Sold$800,000-11.1%$309/sqft
    Source: MoreMLS #22534904 Report a problem
    2/3/2026Pending sale$899,900$348/sqft
    Source: MoreMLS #22534904 Report a problem
    1/30/2026Listed for sale$899,900$348/sqft
    Source: MoreMLS #22534904 Report a problem
    1/23/2026Pending sale$899,900$348/sqft
    Source: MoreMLS #22534904 Report a problem
    11/19/2025Price change$899,900-5.3%$348/sqft
    Source: MoreMLS #22534904 Report a problem
    11/10/2025Listing removed$3,500$1/sqft
    Source: MoreMLS #22531032 Report a problem
    10/21/2025Price change$950,000-5%$367/sqft
    Source: MoreMLS #22433356 Report a problem
    10/20/2025Price change$3,500-7.9%$1/sqft
    Source: MoreMLS #22531032 Report a problem
    10/18/2025Price change$3,800-5%$1/sqft
    Source: MoreMLS #22531032 Report a problem
    10/13/2025Listed for rent$4,000$2/sqft
    Source: MoreMLS #22531032 Report a problem
    1/22/2025Price change$999,999-7.3%$387/sqft
    Source: MoreMLS #22433356 Report a problem
    11/20/2024Listed for sale$1,079,000+0.9%$417/sqft
    Source: MoreMLS #22433356 Report a problem
    1/24/2024Listing removed--
    Source: MoreMLS #22334327 Report a problem
    12/23/2023Listed for sale$1,069,000$413/sqft
    Source: MoreMLS #22334327 Report a problem
    12/16/2023Listing removed--
    Source: MoreMLS #22321107 Report a problem
    10/31/2023Price change$1,069,000-10.9%$413/sqft
    Source: MoreMLS #22321107 Report a problem
    8/1/2023Listed for sale$1,200,000$464/sqft
    Source: MoreMLS #22321107 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,626 +4.9%$1,229,200 +4.9%
    2024$19,671 +2.2%$1,172,300 +8.1%
    2023$19,246 +18%$1,084,900 +25.2%
    2022$16,305 +33.1%$866,800 +46.9%
    2021$12,252 -1.7%$589,900
    2020$12,465 -1%$589,900
    2019$12,594 -1.9%$589,900
    2018$12,840 +3.9%$589,900 +2.3%
    2017$12,361 +41.6%$576,800 +4.1%
    2016$8,727 +28.7%$554,300 +39.1%
    2015$6,782 +99.9%$398,500 +201.4%
    2014$3,392 +2.8%$132,200
    2012$3,301 +1.6%$132,200
    2011$3,248 +4.6%$132,200
    2010$3,107 +2.9%$132,200
    2009$3,019 $132,200
    2008-- $132,200
    2007-- $132,200
    2006-- $132,200
    2005-- $132,200 +77.2%
    2003-- $74,600
    2002-- $74,600
    2001-- $74,600

    Find assessor info on the county website

    Neighborhood: Ocean Grove

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Neptune

    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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    Estimated market value
    $824,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $824,200