$511,000
SOLD JAN 27, 2025

124 Abbott Ave Ocean Grove, NJ 07756

1 Bed
1 Bath
579 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$883 Per Sq Ft

4% Above List Price

10 Days on Market

Highlights

  • Deck
  • Cottage
  • Baseboard Heating
  • No HOA
  • Porch
  • 1-Story Property

About This Home

As of January 2025

Welcome to this Ocean Grove cottage in the heart of town. This one bedroom home sits on a full lot giving it expansion possibilities. Large open porch,rear deck and yard space offer plenty of outdoor space. The open living/dining room offer plenty of furniture placement options including a perfect spot for a murphy bed. The galley kitchen has plenty of storage, open shelving and a sky light. Full bath with claw foot tub. Ample bedroom with a large closet and additional space that's perfect for a small home office. Hardwood floors throughout and attic space for storage complete this charming cottage. All photos with furniture were virtually staged to show options.

Last Agent to Sell the Property

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 12/31/2024

RE/MAX Gateway

Last Buyer's Agent

Laurie Ruffenach

Jack Green Realty License #2190698

Jack Green Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,125

Year Built

  • Built in 1934

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 60

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 579 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Neptune Middle School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00240-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,125

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Ocean Grove
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1934
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 30 x 60
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • ExteriorDeck: Yes
  • Cooling None12: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exterior Features: Deck, Porch - Open

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00240-0000-00002

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7125.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 1996
Sold by
Glinsman Janis
Bought by
Nealis George and Nealis Nancy
Current Estimated Value
$509,524

Purchase Details

Closed on
Jun 13, 1992
Bought by
Nealis George K and Nealis Nancy
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $75,000 --
Deed $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $511,000 +4.5% $883 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/31/2024 12/31/24 For Sale $489,000 -- $845 / Sq Ft
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 $7,125 $560,300 $423,800 $136,500
2024 $8,556 $414,500 $346,400 $68,100
2023 $8,556 $482,300 $440,700 $41,600
2022 $7,105 $346,800 $304,700 $42,100
2021 $7,129 $342,100 $309,200 $32,900
2020 $6,985 $335,000 $303,700 $31,300
2019 $7,129 $337,400 $289,400 $48,000
2018 $6,584 $308,400 $289,400 $19,000
2017 $6,500 $292,000 $276,500 $15,500
2016 $7,129 $319,700 $235,000 $84,700
2015 $6,121 $279,500 $222,400 $57,100
2014 $5,583 $209,500 $147,400 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22435957

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00240-0000-00002