SoldMar 5, 2026

Listed by Christopher Morales and Irene Allegro from Allegro Agency

Bought with Michelle Green from Jack Green Realty

Source: Monmouth/Ocean Multiple Listing Service #22534904

54 Olin St, Ocean Grove, NJ, 07756

$800,000

3
3
2587 sq. ft.
871.2 sq. ft.

SingleFam

30+ days on the market

Sold: Mar 5, 2026

What's around 54 Olin St

About this property

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!

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