$933,228 - $1,131,000
RENTED OCT 1, 2025

122 Mount Hermon Way Unit 4 Ocean Grove, NJ 07756

1 Bed
1 Bath
-- Sq Ft
1,307 Sq Ft Lot

Highlights

  • Wood Flooring
  • No HOA
  • Heating System Uses Steam
  • Victorian Architecture
  • Multiple cooling system units
  • 3-minute walk to Greenleaf Park

About This Home

As of October 2025

Ocean Grove, yearly rental. This one bedroom cozy apartment is on the third floor of a 4 family home.
Galley kitchen, new bath, bedroom, generous size living room with french doors to a breezy balcony.
Common laundry available in the basement. The rent includes gas, heat, and water. Located just a few blocks to the beach and downtown Ocean Grove. And only a couple of blocks to NYC transportation and Asbury Park.

Last Agent to Rent the Property

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 09/03/2025

RE/MAX Gateway

Last Renter's Agent

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 09/03/2025

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,493

Year Built

  • Built in 1890

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Quadruplex
  • Victorian Architecture

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Property Available on 9/15/25
  • Assessor Parcel Number 35-00159-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,493

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-09-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Four Family
  • Inclusions: Gas Cooking
  • Subdivision Name: Ocean Grove
  • Architectural Style: Victorian
  • Reso Flooring: Wood
  • Year Built: 1890
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.03
  • Location Middle School: Neptune
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2025-09-15
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.03
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Steam
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 35-00159-0000-00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2004
Sold by
Panza Salvatore
Bought by
Killion Timothy and Dunne Thomas
Current Estimated Value
$1,016,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$162,274
Interest Rate
6.33%
Mortgage Type
Commercial
Estimated Equity
$854,283
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Killion Timothy $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Killion Timothy $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2025 10/01/25 Rented $21,600 +1100.0% --
09/10/2025 09/10/25 Under Contract -- -- --
09/03/2025 09/03/25 For Rent $1,800 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,493 $732,100 $423,800 $308,300
2024 $11,370 $668,600 $365,900 $302,700
2023 $11,370 $640,900 $394,400 $246,500
2022 $10,532 $571,300 $377,900 $193,400
2021 $10,532 $507,100 $358,400 $148,700
2020 $9,764 $468,300 $327,400 $140,900
2019 $9,916 $469,300 $337,400 $131,900
2018 $9,998 $468,300 $337,400 $130,900
2017 $9,205 $413,500 $292,300 $121,200
2016 $8,648 $387,800 $268,600 $119,200
2015 $8,887 $405,800 $247,400 $158,400
2014 $10,215 $383,300 $172,400 $210,900
Source: Public Records

Agents Affiliated with this Home

  • Alfredo Fresnedo

    Landlord's Agent in 2025

    Alfredo Fresnedo

    RE/MAX

    (732) 763-2961

    48 in this area

    64 Total Sales

    Alfredo Fresnedo
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22526588

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00159-0000-00003

New Jersey Monmouth County Ocean Grove 07756

122 Mount Hermon Way Unit 4, Ocean Grove, NJ

This home is located at 122 Mount Hermon Way Unit 4, Ocean Grove, NJ 07756 since 03 September 2025 and is currently priced at $1,016,557. This property was built in 1890. 122 Mount Hermon Way Unit 4 is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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