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$899,900

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 2,587 Sq. Ft.
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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!

Full Property Details for 54 Olin St

General

  • Price: $899,900
  • Taxes: $20,152 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Monmouth
  • MLS ID: 22534904
  • Updated: 11/19/2025
  • Added to Site: 58 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: High Ceilings (9 Feet or More) First Floor, High Ceilings (9 Feet or More) Second Floor
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Living Room: Gas Fireplace, Wood Floor
  • Kitchen: Center Island
  • Dining Room: Wood Floor

Exterior

  • Exterior Features: Balcony

Location

  • Area: Neptune Twp (NPT)
  • Municipality: Neptune Twp (NPT)
  • County: Monmouth
  • Subdivision: Ocean Grove

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: Public Sewer, Public Water

Structural Information

  • Architectural Style: Historic, Custom
  • Basement: Yes
  • Roof: Shingle, Flat
  • Square Feet: 2,587
  • Living Area: 2,587 Sq. Ft.
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 871.2
  • Lot Dimensions: 19 x 51

Financial Considerations

  • Price Per Sq. Ft.: $347.85
  • Assessment Amount: $1,229,200
  • Tax Amount: $20,152
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: personal property
  • Property ID: 35-00164-0000-00003
  • Section: Ocean Grove

Listed by Allegro Agency, Christopher Morales and Allegro Agency, Irene V Allegro

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Listing agents

— 54 Olin St —

  • Christopher Morales

    Allegro Agency

  • Irene V Allegro

    Allegro Agency

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 54 Olin St

School District:Neptune Township School District
NameGradesDistance
Neptune High School
55 Neptune Boulevard, Neptune Township, NJ 07753
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 54 Olin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Listed
$899,900
-10.01%
MLS
3/31/2022
Sold
$999,999
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 54 Olin St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,152
24%
$1,229,200
13%
2022
$16,304
33%
$1,084,900
25%
2021
$12,252
—
$866,800
47%
2020
$12,299
-1%
$589,900
—
2019
$12,465
-1%
$589,900
—
2018
$12,594
-2%
$589,900
2%
2017
$12,840
4%
$576,800
4%
2016
$12,361
42%
$554,300
39%
2015
$8,727
144%
$398,500
201%
2014
$3,581
6%
$132,200
—
2013
$3,392
—
$132,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Allegro Agency, Christopher Morales and Allegro Agency, Irene V Allegro

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54 Olin Street, Ocean Grove, NJ 07756 (MLS# 22534904) is a Single Family property with 3 bedrooms and 3 full bathrooms. 54 Olin Street is currently listed for $899,900 and was received on November 19, 2025. Want to learn more about 54 Olin Street? Do you have questions about finding other Single Family real estate for sale in Ocean Grove? You can browse all Ocean Grove real estate or contact a Coldwell Banker agent to request more information.

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