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Off market
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  • $1,036,500

    75 Mount Carmel Way, Ocean Grove, NJ 07756

    1beds
    2,748sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $1,036,500 Zestimate®
    $377/sqft
    $2,408 Estimated rent

    Home value

    $1,036,500

    $912,000 - $1.18M

    $2,408/mo

    Zestimate® history
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    Rent Zestimate®

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    $6,887/mo

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    $6,887/mo

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    What's special

    Calling all serious investors! Now available rare 6 unit apartment building on north side of Ocean Grove. Across the street from lovely park and next to one of the ''tent'' areas. Short walk to beaches and Ocean Gove's new boardwalk. Also short walk to downtown sizzling central business district of Asbury Park via footbridge. Convert 1st floor and make a large apartment for your use and keep three units for income or keep as 6 unit building. Lots of possibilities with this one. 3 Studio apts, 2 - 1 bedroom and 1 - 2 bedroom. Showings are by appmnt only. Do not approach tenants. Current rents are under market. 5 units are tenant occupied, one vacant. Building is sold ''AS IS''. Seller to obtain C/I. Also see listing #21940616 Sq. Ft. as per tax records.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas
    Appliances
    • Included: Refrigerator
    Features
    • Doors: Storm Door(s)
    • Windows: Storm Window(s)
    • Basement: Full
    Interior area
    • Total interior livable area: 2,748 sqft

    Property

    Lot
    • Size: 1,920 sqft
    Details
    • Parcel number: 3500118000000006
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas

    Community & neighborhood

    Location
    • Region: Ocean Grove

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • ZoningDescription: Multi-Family
    • Appliances: Refrigerator, Gas Stove
    • Roof: Shingle
    • HeatingYN: true
    • Heating: Natural Gas, HWBB
    • Basement: Full
    • ParkingFeatures: On Street
    • DoorFeatures: Storm Door(s)
    • WindowFeatures: Storm Window(s)
    • NumberOfUnitsTotal: 6.0000
    • RoomBasementFeatures: Full
    • Utilities: Natural Gas
    • NumberOfUnitsInCommunity: 6.0000
    • Exclusions: Tenant's personal possessions
    • MlsStatus: Active

    Price history

    DateEventPrice
    1/22/2020Sold$575,000$209/sqft
    Source: MoreMLS #21940617 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,183 +67.2%$1,143,200 +67.2%
    2024$11,472 -12.3%$683,700 -7.3%
    2023$13,081 +31.2%$737,400 +39.2%
    2022$9,967 -7.9%$529,900 +1.7%
    2021$10,823 -1.7%$521,100
    2020$11,011 -1%$521,100
    2019$11,125 -1.3%$521,100
    2018$11,272 +4.7%$521,100 +2.9%
    2017$10,764 -8.4%$506,400 +4.9%
    2016$11,749 +5.8%$482,700 -10%
    2015$11,102 $536,500

    Find assessor info on the county website

    Neighborhood: Ocean Grove

    Nearby schools

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

    Source: The MLS. 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
    $1,036,500
    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
    $1,036,500