123 Main Avenue
Ocean Grove, NJ 07756

  • 6 beds
  • 3 baths
  • – sqft
  • on site

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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.

Monmouth County Association of REALTORS logo Listing courtesy of MOMLS / Kathleen Powell / Diane Turton, Realtors-Avon

Last checked: Checking… • Last updated Dec 9, 2023 •

MLS# 22326536 —

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Sale history

Date Event Source Price % Change
12/8/23
Sold MOMLS $990,000 -10.0%
10/23/23
Pending MOMLS $1,100,000
10/21/23
Listed / Active MOMLS $1,100,000

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House Sold on 12/8/2023

$990,000

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Listing provided by broker:

Kathleen Powell

Diane Turton, Realtors-Avon

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Monmouth County Association of REALTORS logo Listing Courtesy of: MOMLS and Diane Turton, Realtors-Avon.

Properties marked with this logo are courtesy of the Monmouth Ocean MLS. Data deemed reliable but not guaranteed.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

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